๐จ $NEAR fell to around $4.91, underperforming the broader crypto market after a security flaw in NEAR Intents triggered a temporary service disruption.
๐ What happened?
๐ธ Estimated $3.8M in losses
๐ ๏ธ A vulnerability affected Omni infrastructure handling deposits and withdrawals
๐ก๏ธ The team pledged to reimburse affected assets
โธ๏ธ Deposits and withdrawals across 11 networks were temporarily suspended while repairs continued
The incident comes after a strong 148% monthly rally and the launch of Bitwiseโs first U.S. spot #NearETF on September 29.
๐ Key levels to watch:
Resistance: $5.00 โ $5.50
Support: $4.50
Lower support: $4.00 #nearprotocol
๐ What happened?
๐ธ Estimated $3.8M in losses
๐ ๏ธ A vulnerability affected Omni infrastructure handling deposits and withdrawals
๐ก๏ธ The team pledged to reimburse affected assets
โธ๏ธ Deposits and withdrawals across 11 networks were temporarily suspended while repairs continued
The incident comes after a strong 148% monthly rally and the launch of Bitwiseโs first U.S. spot #NearETF on September 29.
๐ Key levels to watch:
Resistance: $5.00 โ $5.50
Support: $4.50
Lower support: $4.00 #nearprotocol