Security· ★★★· bearish·

NEAR Intents Postmortem Ties $3.8M Exploit to Deposit Bug

  • —The NEAR Intents exploit caused $3.8 million in losses
  • —A deposit-handling bug was identified as the cause
  • —Deposit notifications were disabled after a new critical bug report
  • —All affected users were reimbursed, the protocol said
Why it matters: The incident highlights security risks in NEAR's cross-chain infrastructure and could weigh on trust in the protocol and the NEAR token.
#NEAR
Source: The Defiant
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