TREE NEWS update: NEAR co-founder Illia Polosukhin said NEAR Intents and near.com have been restored after a roughly $3.8 million attack, though a few affected networks remain restricted. The exploit stemmed from a vulnerability in the interaction between Omni deposit and withdrawal infrastructure and NEAR Intents smart contracts, with losses confined to USDT on BSC. NEAR’s core protocol, the NEAR token and other applications were unaffected, and affected users will be fully compensated.
NEAR Intents and near.com back online after $3.8M exploit
The recovery is quick, but the detail that matters is where the flaw sat: not in NEAR's core protocol, but in the seam between third-party bridge infrastructure and Intents contracts. That distinction shapes how the incident reads for builders weighing intent-based architectures, where composability with external deposit rails is the whole point and also the exposure. Full compensation and an unaffected token limit the reputational cost, yet a few restricted networks suggest the unwind is not fully complete. Whether the compensation lands cleanly and the remaining restrictions lift is the open question.
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