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RWA Watch · Fact checked

Near Intents Hacked for $3.8M Days After Denying North Korea-Linked Bitget Hacker

Near Intents froze its cross-chain swaps after a bug let an attacker drain about $3.8 million. The company promised to repay every user.

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Near Intents Hacked for $3.8M Days After Denying North Korea-Linked Bitget Hacker

What happened

Near Intents froze its cross-chain swaps after a bug let an attacker drain about $3.8 million. The company promised to repay every user.

Reported details

  • NEAR Intents hit by $3.8 million exploit as crypto’s rough year of hacks continues    Cryptonews.net
  • NEAR Intents Security Breach: $3.8M Stolen and Response    The Cryptonomist
  • NEAR Intents $3.8M Incident Points to HOT Bridge Treasury as Multi-Chain Risk Comes Into Focus    FinanceFeeds
  • The platform said it will compensate users affected by the hack, which stemmed from a bug that affected deposits and withdrawals.
  • The popular cross-chain trading system said it will reimburse losses after a bug affected deposits and withdrawals across several networks.
  • NEAR Intents lost $3.8 million in an exploit and NEAR fell 8.6%. See what was hit and which networks remain paused.
  • NEAR Intents patched the contract flaw, but deposits and withdrawals on 11 networks remain disrupted.
  • TL;DR NEAR Intents halted its services following an exploit that caused losses of approximately $3.8 million. The flaw originated in the interaction between the Omni deposit and withdrawal system and the protocol’s smart contract, a vulnerability that has already been patched. ZachXBT detected irregular outflows from a hot wallet on BNB Chain; the stolen funds … Read more
  • NEAR price fell below $5 on Oct. 1 following a reported $3.8 million exploit involving NEAR Intents, with the token trading near $4.94 as its recent rally met a sharp pullback. NEAR Intents said the incident involved a bug in…
  • The protocol pledged full compensation and said deposits and withdrawals on 11 networks would face a longer suspension while infrastructure repairs continue.

What the sources establish

The identified reports describe the same recent event. This brief preserves the source links and verification time so readers can inspect the original reporting.

Why it matters for RWA markets

The material question is how the event affects institutional participation, tokenization infrastructure, issuer economics, market access, or regulatory positioning. The report does not turn that relevance into an endorsement.

Evidence boundary

Terms, figures, counterparties, and consequences not stated in the linked reports are not inferred. Material updates require a dated revision and an additional source check.

What to watch next

  • Official company statements, filings, and transaction documents.
  • Details on custody, settlement, eligibility, and tokenization scope.
  • Regulatory disclosures or corrections to the reported figures.

Sources and editorial check time

This information is educational and is not financial or legal advice.

Sources