NEAR Intents attributed the incident to a bug in how the Omni deposit and withdrawal infrastructure interacted with its smart contract, with preliminary losses of about $3.8 million that the project says will be fully compensated. The contract-side vulnerability has been patched, and NEAR Intents and near.com operations were expected to resume within about an hour. Deposits and withdrawals on BSC, Polygon, TON, Optimism, Avalanche, Stellar, Monad, LayerX, Adi, Scroll and Plasma will stay unavailable for roughly 12 more hours. The incident was reported to law enforcement, with a detailed report promised in coming days.

AI summary of the linked source — not editorial content.

Story signal · how it spread on X · via Elfa

as of
Spread
i
Distinct X and Telegram accounts Elfa counted behind this story’s reports, summed over the thread. Not posts, not impressions.
187 accounts

first post
Leviathan +1.5 h later

NEAR reaction
i
Price change from the first post to 24 hours later (CoinGecko). BTC over the same window is shown so a market-wide move is not mistaken for a reaction to this story. Not advice.
−4.9% 24h after post

$5.09 → $4.85
BTC +3.2% same window

Thread · 7 events · 1 disputed · last update 16 Oct 16:55
  1. First reportNEAR Intents reports a $3.8M security incident and says affected funds will be reimbursed128 acc.
  2. Leviathan published this article
  3. UpdateNEAR Intents exploit drains about $3.86M; stolen funds move through KuCoin toward Bitcoin4 acc.
  4. UpdateNEAR Intents gives identified $3.8M exploit attacker 48 hours to return funds36 acc.
  5. UpdateNEAR Intents exploiter contacts recovery wallet and offers to cooperate11 acc.
  6. UpdateNEAR Intents recovers the full $3.8M drained in an exploit4 acc.
  7. DisputedNEAR Intents attacker converts exploit proceeds into Monero; recovery remains in progress2 acc.
  8. UpdateNEAR Intents discloses $3.8M smart-contract exploit; all funds recovered2 acc.

All times UTC.

Cited posts

  • @officer_secret Officer's NotesFirst reportOn X ↗

    According to @zachxbt , Near Intents was exploited for $3.8M+ after its BSC hot wallet saw multiple irregular outflows a few hours ago. Near Intents hot wallet 0x233c has since stopped processing transactions and the site status shows an ongoing incident impacting multiple EVM…

  • @CryptoSavingExp CryptoSavingExpert ®On X ↗

    NEAR Intents’ $3.8M hacker has returned every dollar. Less than 24 hours after the protocol identified the exploiter and gave them 48 hours to return the funds, the full amount was sent back. An on-chain message from the attacker acknowledged they were “in the wrong,” thanked…

  • @esatoshiclub Satoshi ClubOn X ↗

    🚨 NEAR Intents has been exploited for more than $3.8M. The bug was found between its Omni deposit/withdrawal system and smart contracts. The team says it has been patched, all losses will be covered, and some deposits and withdrawals will stay paused for around 12 hours.…

Show 3 more cited posts
  • @coinbureau Coin BureauOn X ↗

    ⚠️ALERT: NEAR Intents reports EXPLOIT that caused an $3.8 MILLION loss. The issue came from a bug linked to its Omni deposit and withdrawal system. near:native says all affected funds will be FULLY compensated. NEAR Intents is a multichain transaction service that enables…

  • @WuBlockchain Wu BlockchainOn X ↗

    NEAR Intents Exploited for Over $3.8M, Vulnerability Patched with Full Reimbursement Pledged NEAR Intents confirmed the security incident, attributing the loss to a bug in the interaction between Omni deposit/withdrawal infrastructure and its smart contracts. The team announced…

  • @DefiantNews The DefiantOn X ↗

    BREAKING NEAR Intents manager said they've identified the hacker who drained $3.8M and gave them 48 hours to send it back. "We have identified you, sir." The addresses posted are all still empty. More here:https://t.co/KVcQwXxTM9

181 more accounts posted about this · 5 Telegram channels (no public link)

TradersTrader calls tracked by Elfa · not advice

Positioning · NEAR

Open597 open positions · 560 long · 37 short

Tracked accounts lean long about 97% of the time, so a long-heavy book is normal, not a signal. As of 16 Oct 18:00 UTC.

Reaction since the first post

Since 1 Oct 12:52 UTC30+ calls opened · 26 long · 4 short

Ongoing flow, not necessarily a reaction: Elfa returns at most 30 calls, so this count is a floor.

Callers with a scored record

@CastilloTrading long · entry $4.71alpha +0.013 · 75% hit rate · 28 scored
@CryptoTony__ long · entry $5.00alpha +0.004 · 40% hit rate · 95 scored
@robw00ds long · entry $5.35alpha −0.050 · 55% hit rate · 31 scored

Alpha, hit rate and sample size exactly as Elfa reports them.

Whole crypto market, not this story

Crowding82nd percentile · vs last 28 days, 50 typical
Pulse 24h54/100 · unusualness of new calls, 0–100, 50 typical, higher means more long than usual
Book97.4% long · 11,381 accounts

As of 16 Oct 18:30 UTC.

Social-monitoring data, not investment advice Elfa prices CoinGecko post text from Xas of

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