Near Intents, a crypto swapping service, paused operations after a bug in its Omni deposit and withdrawal layer allowed an attacker to steal about $3.8 million. The stolen funds were traced to KuCoin and converted to bitcoin. The team has patched the vulnerability, reported the incident to law enforcement, and promises full compensation to affected users. This exploit caused the NEAR token to drop nearly 7%, shortly after Near Intents blocked a large swap attempt linked to a North Korea-associated hacker. Core services are expected to resume soon after further fixes.
The NEAR token fell 6.50% on Pluang as of Oct 01, 2026, 23:03 WIB, aligning closely with the nearly 7% drop noted after the Near Intents exploit. Despite this decline, NEAR's market cap remains substantial at Rp114,66 trillion, supported by a strong 24-hour trading volume of Rp30,02 trillion. On Pluang, the order activity favors buying at 70%, with investors typically holding NEAR for 51 days, indicating ongoing interest despite recent setbacks.
NEAR's price fell below $5 on October 1 following a $3.8 million exploit in the NEAR Intents platform, which affected its Omni deposit and withdrawal system. NEAR Intents paused services, patched the vulnerability, and pledged full reimbursement to a...
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 t...
In September 2026, privacy coins outperformed the broader cryptocurrency market as investors shifted away from high-cap altcoins. Zcash (ZEC) surged 64%, reaching multi-year highs and briefly entering the top 10 digital assets by market cap. NEAR led...
The U.S. Senate narrowly rejected the Clarity Act on September 15, which would have imposed stricter regulations on crypto platforms, including banning stablecoin interest payments. Following the vote, Bitcoin and Ethereum prices rose nearly 11% and ...
Near Protocol (NEAR) token fell 3.33% within an hour to $5.29 on October 1, extending a short-term decline after dropping from $5.47. Despite this hourly drop, NEAR remains up 4.15% over the past 24 hours. During this period, long liquidations across...
