cryptoinsight.cc

Live news

Back to news

NEAR Intents hit by $3.8M exploit days after turning away Bitget hackers

Published Source: CryptoPolitanRead original

Crypto Insight Summary: NEAR Intents, the cross-chain swap protocol built on NEAR, lost about $3.8 million to a security exploit on Thursday and has paused its services. The platform had spent the prior week publicly blocking up to $50 million in stolen Bitget funds. The NEAR Intents team said it has patched the flaw, will reimburse users in... Crypto Insight Analysis: Direction: Bearish NEAR Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Security exploit and service pause raises concerns about NEAR's ecosystem security.

Crypto Insight

Data analytics for crypto investors worldwide

Privacy Policy

Crypto Insight v1.2

NEAR Intents hit by $3.8M exploit days after turning away Bitget hackers — Crypto Insight