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Morning Edition · Wednesday, October 14, 2026Published at 1:36 AM EDT · New York
NEAR Intents' $3.8 million custody exploit leads a week of smaller vault and accounting bugs and an $800,000 knife robbery in the United Kingdom
DeFiHackLabs added proof-of-concept code for exploits at BitBay, X7 Finance and The Red Village, bringing its catalogue to 892 incidents, and most of the funds stolen from NEAR Intents were returned.
The largest on-chain incident in this week's records is NEAR Intents, the cross-chain swap protocol, which Rekt News has now written up. The team confirmed a $3.8 million loss and blamed a bug in how the NEAR Intents contract interacted wit…
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Bridge and Mint Exploits Sustain Heavy DeFi Losses
Over 3-6 months, recurring bridge proof-validation and unauthorized-mint exploits keep monthly DeFi losses elevated, including drains of deprecated contracts.
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More from this edition
- Ledger halts sales in seven Asian markets after confirming a hardware implant that steals recovery phrases
- Aztec discloses a proving flaw in its Alpha V5 network that could let forged transactions pass verification
- Solana sets October 21 to activate Alpenglow, replacing its voting system and targeting roughly 150-millisecond finality
- Coinbase lays out a multi-year plan to move Bitcoin to quantum-resistant signatures as researchers ship a post-quantum Lightning prototype
- OpenAI is in early talks to buy Trail of Bits, the security firm that audits much of crypto's core code
- Ethereum researchers publish three designs for faster blocks and data on who pays for the front of the block
- Miden launches a private-finance stack and a self-custody wallet, aimed at payments and treasury flows that institutions will not run on transparent chains
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