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Oct 1, 2026

NEAR Intents halts services after $3.8 million exploit

NEAR Intents paused cross-chain services on October 1 after a bug in its deposit and withdrawal layer allowed an attacker to drain approximately $3.8 million, with the protocol pledging full compensation.

Oct 1, 2026·6 sources
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Top claims

  • ▪NEAR Intents, the cross-chain trading protocol, has more than $30 billion in trading volume
  • ▪DeFi protocols bear legal liability for smart contract exploit losses
  • ▪NEAR Intents' SHIELD security system had successfully blocked $50 million in transactions, foiling a hackers' attempt to launder funds after the $387.5 million Bitget exchange hack

Topics

DeFiNEAR IntentsBlockchain interoperabilitySmart contractsCrypto hacks