NEAR co-founder warns of 'Security Armageddon' over software vulnerabilities
- —Polosukhin flagged vulnerabilities in PHP/WordPress, TLS certificates, Node.js and LiteLLM
- —He urged replacing API keys with cryptographic authentication and patching components
- —NEAR trades near $5.02, down 3.61% in 24 hours, with open interest at $1.50B (-7.45%)
- —The warning follows NEAR Intents' $3.8 million exploit on October 1
Why it matters: The flaws touch exchange and wallet infrastructure, and NEAR already lost $3.8 million in October, underscoring sector-wide risk.
Source: crypto.news