NEAR Intents confirms exploit, with losses topping $3.8 million

NEAR Intents confirms exploit, with losses topping $3.8 million

N
News Editor
2026-10-01 13:08:42
NEAR Intents said it was hit by an attack and traced the issue to a flaw in how its Omni deposit and withdrawal infrastructure interacted with smart contracts. The project said the contract vulnerability has already been fixed and that core services are expected to resume within one hour. It also said affected users will be fully reimbursed for damaged assets. At the same time, deposit and withdrawal services on several chains, including BSC, Polygon and TON, will remain suspended for about 12 more hours. NEAR Intents said the case has been reported and on-chain tracking is under way. Separately, on-chain investigator ZachXBT said NEAR Intents’ BSC hot wallet showed multiple abnormal outflows. According to his statement, the stolen funds were moved to KuCoin and then bridged onward to the Bitcoin network. The amount involved now exceeds $3.8 million.

NEAR Intents has confirmed that it was hit by an attack, according to a security notice cited by ChainCatcher. An initial investigation found that the vulnerability stemmed from a flaw in the interaction between Omni deposit and withdrawal infrastructure and smart contracts.

The project said the contract issue has been fixed. Core services are expected to resume within one hour, and NEAR Intents said it will fully compensate affected assets.

Multi-chain deposit and withdrawal services remain paused

NEAR Intents said deposit and withdrawal services on several public blockchains, including BSC, Polygon and TON, will stay suspended for about 12 more hours. The case has been reported, and on-chain tracking has already started.

ZachXBT details fund movements

On-chain investigator ZachXBT later said NEAR Intents’ BSC hot wallet recorded multiple abnormal fund outflows. He said the stolen assets were transferred to KuCoin and then moved across chains to the Bitcoin network. The amount involved currently exceeds $3.8 million.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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