Mmastodon BusinessCrypto first seen 16 h ago, last 16 h ago, peak #11

NEAR Intents to repay $3.8 million after exploit

Original: NEAR Intents is paying back $3.8 million after an exploit # crypto # nearintents # web3 18 seconds: https:// youtube.com

NEAR Intents has committed to repaying $3.8 million following an exploit of the platform. The reimbursement plan was shared in the crypto community, drawing attention to how the project is handling user losses. Details about the cause of the exploit or the timeline for repayments have not been widely reported yet.

Why now: A crypto protocol announcing it will cover user losses after a security exploit is significant news for DeFi users and investors.

NEAR IntentsNEAR Protocol

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Evidence

• NEAR Intents is paying back $3.8 million after an exploit # crypto # nearintents # web3 18 seconds: https:// youtube.com/shorts/LMbPmVl0twU https:// perpdesk.net/funding/ Disclosure: exchange referral links on site. Nothing here is sponsored. · perpdesk

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