Harvest Moon exploit on NEAR drains 1.04M GEAR and 25K USDC from team funds
- —Attack hit contract aa-harvest-moon.near on October 27 at 08:03 UTC
- —About 1.04M GEAR stolen, roughly 10.7% of the 9.7M maximum supply
- —Stolen tokens were sold into the GEAR/NEAR pool on Rhea Finance, draining liquidity
- —Team is tracking address aa7ac…786e4a and coordinating with exchanges and bridges
Why it matters: It is the second NEAR ecosystem incident in a month, and the sale of 10.7% of GEAR supply pressures the token price and pool liquidity.
Source: The Crypto Times