NEAR Intents resumes service after $3.8M exploit, pledges full compensation
NEAR Intents has resumed service after a $3.8 million exploit affecting USDT on BSC, with co-founder Illia Polosukhin promising full compensation for affected users. SummaryThe attacker exploited Omnis deposit and withdrawal interaction with the NEAR Intents smart contract.Polosukhin said the team fixed the vulnerability within an hour of detection.NEAR Intents and near.com returned online, although some affected chains remained restricted.The core NEAR Protocol, NEAR token, and other applications were unaffected, according to Polosukhin. NEAR co-founder Illia Polosukhin said on Oct. 1 that the team had restored NEAR Intents and near.com after temporarily pausing the service when its SHIELD security system detected unusual activity. Earlier today, NEAR Intents was exploited for $3.8m. SHIELD, the AI security layer on Intents, detected outlier behavior and Intents were temporarily paused. All of the affected users will be compensated in full. In his account of the incident, Polosukhin placed the loss at $3.8 million and said the vulnerability involved the interaction between Omnis deposit and withdrawal infrastructure and the NEAR Intents smart contract. He limited the affected asset and network to USDT on BSC. “All of the affected users will be compensated in full.” You might also like: NEAR Intents says it stopped $50M Bitget laundering bid NEAR Intents fixes the vulnerability within









