NEAR Intents halts services after $3.8 million exploit, promises full compensation

60-second summary

NEAR Intents halts deposits and withdrawals on eleven networks after a $3.8 million exploit, announcing a patched contract and a promise to fully compensate affected users. The breach forces immediate service suspension while the team audits security and processes reimbursements, highlighting heightened risk for cross‑chain DeFi protocols and prompting investors to scrutinize platform resilience.