The NEAR Protocol's cross-chain platform, NEAR Intents, was hit by a security breach that resulted in approximately $3.8 million in losses.
The incident occurred just two days after the Bitwise ETF, which tracks the price of NEAR, listed on the New York Stock Exchange, attracting over $50 million in investments in its first two days.
The NEAR token saw a 10% drop to $4.86 following the breach.
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