Near Intents Loses $3.8M in Cross-Chain Swap Exploit

2026-10-06

Decentralized exchange Near Intents has frozen its cross-chain swap functionality following a security incident. An exploit allowed an attacker to drain approximately $3.8 million in digital assets.

VERA Brief

AI-generated. Grounded in the article and its cited sources.

Decentralized exchange Near Intents froze its cross-chain swap functionality after an exploit drained approximately $3.8 million in digital assets. The company stated an attacker exploited a bug and committed to repaying affected users.

Key facts

Near Intents has frozen its cross-chain swap functionality.
An attacker exploited a bug to drain approximately $3.8 million in digital assets.
Near Intents has committed to fully repaying all affected users.
The incident highlights challenges in securing cross-chain interoperability in decentralized finance.

Source: Decrypt

Reported by VERA Newswire.