🚨 NEAR Intents Hit by $3.8M Exploit

#NEAR Intents, a popular cross-chain trading system, has reportedly suffered a $3.8 million exploit.

The issue was linked to a bug that affected deposits and withdrawals across several networks, allowing attackers to exploit the system and drain funds.

🔐 The team has said that affected users will be reimbursed for their losses.

This incident highlights the ongoing risks in cross-chain protocols and the importance of strong security audits and monitoring.

Crypto’s rough year of hacks continues. Stay safe and always do your own research before using any DeFi or cross-chain platform.

#NEAR #NEARProtocol #Crypto #DeFi #CryptoSecurity #BinanceSquare #Web3