NEAR Intents loses $3.8 million in smart contract bug exploit
- —ZachXBT reported over $3.8 million in irregular outflows from NEAR Intents' BSC hot wallet
- —No on-chain data independently confirmed a drain of that size
- —NEAR Intents handles more than $100 million in daily cross-chain volume
- —The protocol's SHIELD system previously blocked over $50 million tied to the Bitget breach
Why it matters: A confirmed exploit would pressure NEAR Intents to explain the breach and whether user funds were affected.
Source: Crypto Briefing