NEAR Intents Confirms Attack, Losses Exceed $3.8 Million

On October 1, NEAR Intents released a security notice confirming that it had been attacked. Preliminary investigations indicate that the vulnerability stemmed from defects in the interaction between the Omni deposit and withdrawal infrastructure and contracts. The contract vulnerabilities have been fixed, and core services are expected to be restored within one hour, with a commitment to fully compensate the affected assets. Deposits and withdrawals on multiple public chains, including BSC, Polygon, and TON, will be additionally suspended for about 12 hours. The case has been reported to the authorities, and on-chain tracking has begun. On-chain detective ZachXBT warned that NEAR Intents' BSC hot wallet experienced multiple abnormal outflows, with stolen funds transferred to KuCoin and cross-chained to the Bitcoin network, involving an amount exceeding $3.8 million.

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