NEAR Intents, a cross-chain crypto exchange, lost about $3.8 million after a security flaw in its Omni deposit and withdrawal system was exploited. The platform immediately froze deposits and withdrawals across 11 blockchain networks and fixed the smart contract vulnerability. NEAR Intents promises full compensation to affected users and is working with law enforcement and forensic experts. Stolen funds were traced moving through KuCoin before conversion to bitcoin, highlighting ongoing risks in crypto security.
NEAR Protocol is trading at Rp89,055 with a 5.84% decline over the past day on Pluang as of Oct 02, 2026 15:03 WIB. This price movement occurs alongside the recent $3.8 million security breach reported by NEAR Intents, which has impacted user confidence. The platform shows a strong sell sentiment with 76% of orders being sell orders, while the typical hold time remains at 51 days, indicating cautious investor behavior following the incident.
NEAR Protocol is considering a governance proposal to gradually reduce its maximum annual token issuance rate from 2.5% to 1.6% over 24 months. This change aims to limit inflation by keeping about 66 million NEAR tokens out of circulation, potentiall...
NEAR Intents, a decentralized finance protocol, publicly gave hackers 48 hours to return stolen funds following a recent exploit. The protocol aims to recover assets voluntarily before pursuing legal or on-chain measures. Details on the stolen amount...
NEAR Intents suffered a $3.8 million exploit on October 1, 2026, due to a bug in its cross-chain infrastructure on BNB Chain. The protocol halted services, patched the flaw quickly, and is now pressuring the attacker with a 48-hour deadline to return...
Aave led altcoin gains with a 9.14% rise to $176.21, driven by increased trading and platform updates. Meanwhile, Quant fell sharply by 14.33%, reflecting the volatile and divergent trends in the altcoin market. Other altcoins showed mixed results, w...
NEAR Protocol recorded $197.55 million in 24-hour decentralized exchange (DEX) volume, narrowly surpassing Avalanche's $193.92 million, driven largely by NEAR Intents, an intent-based trading system simplifying user trades. NEAR Intents has processed...
