A $3.8M exploit affected NEAR Intents protocol on October 1, 2026, impacting its BSC USDT bridge. The platform restored service and compensated users while NEAR's CEO discussed the incident alongside the launch of Bitwise's NEAR ETF and security measures like SHIELD that previously blocked $50M in stolen funds.
NEAR co-founder Illia Polosukhin announced that NEAR Intents and near.com have been restored after a $3.8 million exploit that targeted USDT on the BSC network through a vulnerability in Omni's deposit/withdrawal system. The NEAR core protocol and token were unaffected, and impacted users will receive full compensation.