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All briefs →NEAR Intents reports $3.8 million loss after smart contract exploit
NEAR Intents, a cross-chain protocol, lost about $3.8 million in an exploit, according to on-chain investigator ZachXBT. The incident involved a smart contract and Omni deposit and withdrawal system.
- NEAR Intents, a cross-chain protocol, suffered an exploit with reported losses of about $3.8 million.
- On-chain investigator ZachXBT flagged the incident and the stolen funds' movement.
- The incident involved a flaw in the smart contract or Omni deposit and withdrawal interaction.
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New York and Wyoming regulators sign crypto oversight coordination pact
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Illinois agrees to six month delay for 0.2% crypto tax
Illinois has agreed to delay its 0.2% crypto tax by six months while a legal challenge proceeds. The tax was set to take effect Jan. 1, and an agreed motion asks the court to set July 1 as the effective date.