NEAR Intents hit by $3.8 million exploit as crypto's rough year of hacks continues

The popular cross-chain trading system said it will reimburse losses after a bug affected deposits and withdrawals across several networks.
Key Takeaways
- The popular cross-chain trading system said it will reimburse losses after a bug affected deposits and withdrawals across several networks.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Security

Zano Says Over $200M in Illicit Tokens Led to 30-Day Blockchain Rewind
Zano has disclosed the bug that forced its extraordinary 30-day blockchain rewind in a recent postmortem. An attacker exploited a missing verification in Gateway Addresses to mint roughly 18.4 million ZANO in a single transaction, then repeated the trick and…

NEAR Intents suffers $3.8M exploit after assistance with Bitget breach
The platform said it will compensate users affected by the hack, which stemmed from a bug that affected deposits and withdrawals.

Near Intents Hacked for $3.8M Days After Denying North Korea-Linked Bitget Hacker
Near Intents froze its cross-chain swaps after a bug let an attacker drain about $3.8 million. The company promised to repay every user.