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Bitcoin & Crypto DEVELOPING

NEAR Intents Drops Deposit Notifications After Second Critical Bug Report

Two workers in uniforms walking outdoors near a forklift at a warehouse.
Illustrative photo.Photo by Tiger Lily on Pexels

The operators of NEAR Intents have removed deposit notifications following a further critical bug report, according to a report by The Defiant. The protocol says every affected user has been compensated.

Notifications removed after new bug report

According to The Defiant, the protocol took out its deposit notifications after receiving another critical bug report. The outlet reports that the project's postmortem links the earlier loss to a flaw in the deposit process.

Affected users compensated, per the protocol

The protocol states that all users who were affected have been made whole. The claim comes from the project itself and has not been independently verified in the facts available for this report.

Open questions

  • What exactly did the second critical bug report disclose about the deposit process?
  • Has the compensation been independently audited?

Sources & evidence