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 affected users. Despite the setback, analysts note NEAR's strong monthly close above a long-term downtrend and potential for recovery if it surpasses key resistance levels around $5.02 to $5.10. The incident impacted cross-chain infrastructure, not the NEAR Protocol blockchain itself, and the platform is working with law enforcement and security firms to trace lost funds.
NEAR is trading at Rp87.671 on Pluang as of October 1, 2026, 23:52 WIB, down 9.77% in the last day. Despite the recent exploit affecting NEAR Intents, Pluang data shows a strong market cap of Rp115.36 trillion. The platform's order activity leans towards buyers at 70%, with a typical hold time of 51 days, indicating ongoing investor interest.
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...
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...
