TREE NEWS update: NEAR Intents has suffered a $3.8 million exploit stemming from a bug affecting deposits and withdrawals, the platform said, following its assistance with the Bitget breach. NEAR Intents said it will compensate users affected by the hack.
NEAR Intents Suffers $3.8M Exploit Tied to Bitget Breach Bug
AI take
The timing is the story here: NEAR Intents was still in a post-Bitget-assistance posture when its own deposit and withdrawal bug surfaced, which raises questions about whether incident response pressure is straining operational review. A commitment to compensate users contains the immediate fallout, but it shifts the burden onto the platform's own balance sheet rather than any recovered funds. Whether the fix addresses the underlying bug or just this instance, and whether similar deposit/withdrawal logic elsewhere in the intent stack is affected, is the open question.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
2h ago
Symbiosis flags attempt to move Binance hack funds through its cross-chain protocol
3h ago
Binance Hacker Swaps 970,522 Stolen SOL for BTC
3h ago
OKX Opens Pre-Subscription for USDT Yield Event With 1M USDT Pool
3h ago
PlanB: Bitcoin RSI Above 50 for Third Straight Month Signals New Bull Run
4h ago
Binance Restores Withdrawals for BTC, XRP and Base Network Assets
4h ago
CZ credits US law enforcement for limiting Bitcoin’s drop after Binance hack