$NEAR Intents Faces $3.8M Security Incident

NEAR Intents has temporarily halted cross-chain deposits and withdrawals following a security vulnerability involving Omni’s deposit-and-withdrawal infrastructure.

The incident resulted in approximately $3.8M worth of USDT being drained from a BNB Chain pool. The team has paused affected services, patched the smart-contract vulnerability, and stated that affected users will be fully reimbursed.

Blockchain investigator ZachXBT has been tracking the stolen funds, which reportedly moved through KuCoin and into Bitcoin.

NEAR Intents has also said the suspected attacker has been identified and given a 48-hour deadline to return the funds.

The situation is still developing. Traders should monitor official NEAR Intents updates before making decisions based on the news.
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