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NEAR Intents hacked for $3.8M, causing NEAR token to drop 7.5%.

Market News
01 Oct 2026
UToday
View Source
Bearish
NEAR Intents hacked for $3.8M, causing NEAR token to drop 7.5%.

NEAR Intents, a cross-chain protocol, confirmed a $3.8 million hack due to a bug in its smart contract integration with Omni's custody system. The exploit led to unauthorized withdrawals and a 7.5% drop in the NEAR token price. The team has patched the vulnerability, frozen deposits and withdrawals across 11 blockchains, and promised full compensation from its treasury. This incident highlights risks in cross-chain integrations despite strong external defenses and may prompt new security standards.

NEAR trades at Rp87.822 on Pluang with a 5.55% decline as of Oct 01, 2026 22:45 WIB, showing a notable drop consistent with the reported 7.5% slump after the $3.8 million exploit. The token's market cap stands at Rp114,66 trillion, and trading volume is Rp30,02 trillion, reflecting active market engagement despite the security incident. On Pluang, 70% of order activity is buying, indicating ongoing investor interest amid the recent challenges.

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