NEAR Intents suffers $3.8M exploit after assisting Bitget breach investigation

According to Cointelegraph, NEAR Intents experienced a $3.8 million loss following its involvement in assisting the investigation of a Bitget security incident. The platform indicated that the hack originated from a bug impacting deposit and withdrawal functionality. NEAR Intents announced plans to compensate users affected by this issue.

The assistance provided pertained to the Bitget breach inquiry; the exploit on NEAR Intents occurred as a result of that involvement. No further details regarding the timing of the exploit beyond its occurrence after the assistance were included in the source material.