A protocol built around cross-chain intent matching suddenly locked down its gateways across 11 networks overnight. NEAR Intents confirmed that a vulnerability in its smart contract was exploited, leading to losses of approximately $3.8 million. The team has since patched the flaw, but deposit and withdrawal functions across the 11 affected networks remain suspended and have yet to return to normal operation.
NEAR Intents stated that it will fully compensate affected users, though no specific timeline or disbursement method has been announced. For users who rely on the service for cross-chain operations, all that's left to do right now is wait—the vulnerability has been patched, but where the funds stand and when service will resume remain unanswered.
As of now, officials have not disclosed technical details about how the exploit was carried out, nor have they announced a firm date for service restoration.
