NEAR Intents Gives Alleged Attacker 48 Hours to Return $3.8…
By Abdelaziz Fathi
AI summary of the source article
NEAR Intents has given an alleged attacker 48 hours to return roughly $3.8 million stolen during a security breach tied to an interaction between its Omni infrastructure and a smart contract. General manager Alex Shevchenko claimed the individual has been identified and shared return addresses on Bitcoin, BNB Chain, and Solana, though no evidence of identification was made public. Blockchain investigator ZachXBT noted stolen funds moved through KuCoin before being bridged to Bitcoin. NEAR Intents patched the contract vulnerability, reported the incident to law enforcement, and committed to fully compensating affected users regardless of whether the funds are returned.
Why it matters
The incident highlights vulnerabilities in cross-chain deposit and withdrawal infrastructure, even as NEAR Intents pledged full user compensation and works with law enforcement to recover the stolen assets.
Key facts
- NEAR Intents suffered an estimated $3.8 million loss due to a bug between its Omni infrastructure and a smart contract.
- The protocol gave the alleged attacker 48 hours to return the stolen funds to Bitcoin, BNB Chain, and Solana addresses.
- NEAR Intents pledged to fully compensate affected users and reported the incident to law enforcement.