NEAR Intents Suffers More Than $3.8 Million Exploit, Patches Vulnerability and Pledges Full Reimbursement

NEAR Intents said it suffered an exploit that resulted in losses of more than $3.8 million. It added that the vulnerability has been patched and that it will fully reimburse the losses.

Cointelegraph reported on Oct. 1 that NEAR Intents confirmed the exploit and the scale of the losses and applied a patch for the related vulnerability.

Losses from the exploit were estimated at more than $3.8 million.

NEAR Intents said it would fully compensate for losses caused by the incident.