NEAR Intents Bug Sends $3.8M Racing Across Crypto Networks

etf

A bug in NEAR Intents triggered roughly $3.8 million in assets to move rapidly across multiple crypto networks, exposing a weakness in the protocol’s cross-chain transaction handling. The incident is centered on NEAR rather than Bitcoin, and the available report does not indicate that Bitcoin’s network or consensus rules were affected. For Bitcoin users, the episode underscores the risks of bridges and interoperability services that handle wrapped or routed BTC.

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