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Live News CRYPTO ARTICLE H impact

NEAR Intents suffers $3.8M exploit after assisting with Bitget breach

Cross-chain protocol NEAR Intents reported a security breach resulting in the loss of $3.8 million in user funds, attributed to a bug in its Omni deposit and withdrawal infrastructure.

8 million in user funds. In a Thursday X post, the protocol said the incident stemmed from a bug in the Omni deposit and withdrawal infrastructure’s interaction with the NEAR Intents smart contract. The source text cuts off after “NE…”.