MarketPublished by KAS Watch · October 05, 2026
NEAR Intents Issues 48-Hour Ultimatum After $3.8M Exploit
NEAR Intents stated it identified the person behind a $3.8 million exploit and issued a 48-hour ultimatum to return the funds under responsible disclosure terms. The incident stemmed from an issue between Omni deposit and withdrawal infrastructure and the protocol's smart contract, with management pledging to fully compensate affected users.
Why it matters for the market
While this exploit is specific to NEAR Intents infrastructure, security incidents in cross-ecosystem protocols can weigh on broader market sentiment and DeFi risk appetite across the crypto sector, potentially influencing liquidity conditions around assets like Kaspa.
Original source
Cointelegraph
Source publication · October 02, 2026 · 1 verified source
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