NEAR Intents $3.8 Million Exploit: What Users Should Know and Do

• Hackers exploited the NEAR Intents protocol using a bug linked to its Omni infrastructure.
• The NEAR Intents team has patched the bug and promised to fully reimburse users.
• All NEAR Intents users need to tread cautiously while the issue is being resolved.

NEAR Intents has reported an exploit on its platform resulting in a $3.8 million loss of users’ funds. According to the report, a bug linked to NEAR Intents’ Omni deposit and withdrawal system triggered the exploit. 

What Happened on the NEAR Intents Protocol?

The incident was triggered by a smart contract vulnerability sitting directly at the “handoff seam” between two core components—the Omni infrastructure and the NEAR Intents Smart Contract. Omni infrastructure is the protocol’s underlying multi-chain gateway that manages how token deposits and withdrawals move across external blockchains, while the NE…

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