CryptoCMD CryptoCMD
Security/Hacks

NEAR Intents Drained for $3.8M, Pledges Full Refunds

A flaw in NEAR Intents handed attackers $3.8 million, but the cross-chain protocol says it'll make every victim whole.

Alex Rivera

· 1 min read

Advertising disclosure: we may earn a commission when you join an operator via links on this page, at no cost to you. This never dictates our ratings. How we make money

NEAR Intents Drained for $3.8M, Pledges Full Refunds
Image via CoinDesk

Key takeaways

  • Cross-chain trading platform NEAR Intents lost $3.8 million in a security exploit.
  • A bug in deposit and withdrawal smart contracts across multiple networks enabled the attack.
  • The project team announced it will fully reimburse all affected users.

Hackers just walked away with $3.8 million from NEAR Intents. The cross-chain trading protocol got hit through a bug sitting right in its multi-chain deposit and withdrawal system.

The protocol confirmed the breach after spotting a glitch in its cross-network transfer logic. That single flaw gave the attacker a green light to drain cash right mid-execution.

The team stepped in quickly to plug the hole. Their promise? Every single user drained in the attack gets a full refund.

Why it matters

Cross-chain tools make trading simple, but they double your attack surface. Run smart contracts across multiple blockchains at once, and one slip in the withdrawal logic leaves millions sitting out in the open. The silver lining? The team's footing the tab. The catch? Bridges and intent protocols are still the favorite ATM for hackers.

Source: CoinDesk

Top Crypto Casinos Right Now

🇦🇺 Showing sites that accept players from Australia Change country

Advertising disclosure: we may earn a commission when you join an operator via links on this page, at no cost to you. This never dictates our ratings. How we make money

The Online Casino
7.8/10

400% crypto welcome bonus up to $1,000 (code MAXOUT)

More info

Why we chose it: A US-oriented casino that turns away only New Jersey. The cashier takes crypto, but the site publishes fewer specifics than any operator we list.

24/7 live chat
KYC
Required

Restricted countries: New Jersey (US).

Mostbet
8.0/10

125% welcome bonus on first deposit

More info

Why we chose it: One of the widest crypto line-ups of any book we list - seven coins with fast payouts - aimed squarely at Asia and Latin America rather than the US or Western Europe.

Sports betting 24/7 live chat
Accepts BTC ETH USDT LTC DOGE BNB XRP
Licence
Curacao

Restricted countries: Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia and 21 more.

BetUS
7.6/10

100% Welcome Bonus up to 5BTC

More info

Why we chose it: Built for American bettors, priced accordingly. Biggest welcome bonus of the five, attached to the heaviest rollover of the five.

Sports betting Live casino Rakeback / cashback VIP program Mobile app 24/7 live chat
Accepts BTC BCH ETH LTC
Online since
1994
Licence
Curaçao
Payout time
24–48 hours (crypto)
Wagering
18x sportsbook / 30x casino
KYC
Required

Restricted countries: Belgium, Costa Rica, Croatia, Curaçao, Aruba, Sint Maarten, Caribbean Netherlands, France and 11 more.

#Defi #Hacks #Near Intents #Cross-Chain

Alex Rivera

Alex covers crypto markets and trading, testing every platform hands-on before writing about it.

Related News