NEAR Intents halts withdrawals after a $3.8 million exploit: here are the reasons

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.NEAR Intents confirms an exploit of more than $3.8 million and holds deposits and withdrawals on eleven networks. Reimbursement is promised, a date for it is not.NEAR Intents confirmed an exploit of more than $3.8 million on October 1, 2026, closed the vulnerability and halted deposits and withdrawals on eleven networks. Full reimbursement of all affected funds has been promised; a date for it has not. If you have used the swap layer to move balances between two blockchains, one thing now decides above all: where your balance sits at this moment, and whether it has to stay there. The price of NEAR stood at $4.90 on the afternoon of October 1, 2026, 6.96 percent below the previous day; over the week the value is up 7.66 percent. The price here is only the visible part, though. The more important part is an infrastructure through which, according to the operators, more than $30 billion has already flowed across 35 networks, and which was only partly usable for several hours. What ...