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Morning Edition · Thursday, October 15, 2026Published at 1:43 AM EDT · New York
NEAR Intents Custody Bug Leads Wave of Exploits Hitting Hot Wallets, Signers and Oracles
New write-ups and proof-of-concept files cover losses from $32,600 to about $388 million, and most of the failures sat in off-chain or privileged infrastructure rather than core contract logic.
Rekt News has published post-mortems on a cluster of recent incidents, and the DeFiHackLabs repository has added proof-of-concept reproductions of two October exploits. Most of the losses came from privileged infrastructure: hot wallets, si…
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Losses Move to Components That Worked as Designed
A growing share of DeFi losses will come not from buggy contract code but from components behaving exactly as specified — oracle forwarders, validator signature sets, governance votes and other trusted off-contract inputs — so audits and bug bounties scoped to on-chain code keep missing the failure surface, and protocols will be repeatedly forced to extend review, scope and monitoring to their privileged operational infrastructure.
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