Morning Minute: NEAR Intents Hacked for $3.8M - Was It A Bullish Hack?

Neutral-7.53%
2 Oct, 12:19
Source: Decrypt

AI Summary

NEAR Protocol experiences a $3.8M exploit on its Intents feature, though rapid team response and user compensation may mitigate typical bearish market impact.

Hacks are never good, but a rapid response, user compensation and 1-hour bug fixing seems to top the spectrum of team reactions.