Morning Minute: NEAR Intents Hacked for $3.8M - Was It A Bullish Hack?

Hacks are never good, but a rapid response, user compensation and 1-hour bug fixing seems to top the spectrum of team reactions.
Key Takeaways
- Hacks are never good, but a rapid response, user compensation and 1-hour bug fixing seems to top the spectrum of team reactions.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Security

Furious debate about THORChain vs NEAR shows idealism has limits
The furious debate over Bitget’s $387.7M of hacked funds comes down to whether ideals around “permissionless and decentralized” tech means never intervening — even if you could.

Aave founder says V3 unaffected after third-party adapter exploit drains $305K
Aave founder Stani Kulechov said Aave v3 was unaffected after an attacker exploited a third-party adapter to drain about $305,000 from two Safe multisig wallets.

US Judge Dismisses Libra Crypto Class Action Against Kelsier
Judge Jennifer L. Rochon dismissed all alleged charges against the defendants, including fraud, violations of the Racketeer Influenced and Corrupt Organizations (RICO) Act, violations of the New York General Business Law, and unjust enrichment. Rochon also…