NEAR Intents Halts Services, Reports $3.8 Million Loss

The compensation pledge shifts this from a pure solvency event to a trust test: a loss of this size is survivable, but only if users believe the repayment is real and timely. The operational detail matters more than the number — deposits and withdrawals frozen across 11 networks means the disruption is cross-chain, not confined to one venue, which raises the question of how much of the shortfall sits in assets that cannot be moved quickly. Whether services resume with the same network set, or a narrower one, is the open question.