Sweatcoin exploit detected on NEAR blockchain.
Security & Exploits ·
Blockchain security firm Blockaid has flagged an ongoing exploit affecting Sweatcoin on the NEAR protocol. The attack is attributed to a single wallet address, with the largest transaction tied to the incident identified in a specific on-chain record.
The exploit appears to be active, though the mechanism by which the attacker gained access to Sweatcoin's smart contract or funds remains unspecified in available reports. No details have been disclosed about the total value at risk, the nature of the vulnerability, or whether Sweatcoin's team has initiated a response.
It is unclear whether the exploit has been contained, whether user funds remain vulnerable, or what actions NEAR or Sweatcoin developers may have taken since the initial alert. No statement from either party is yet available in public sources.