Skip to content
Back to Guavy Wire
Crypto

NEAR Smart Contract Breach Exposes Decentralized Security Vulnerabilities

Instruments
ETH
Share

A recent security breach in the NEAR smart contract has raised concerns about decentralized platform security.

The incident led to the loss of approximately 24.7 ETH, which was confirmed through on-chain observation by @SlowMist_Team.

The root cause of the breach was a missing access control check within the affected smart contract, allowing unauthorized activity to occur undetected until the funds were gone.

The compromised components include an order factory and a victim account system inside the NEAR ecosystem.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc