All Crypto Blogs

NEAR Intents says it’s identified the hacker, gives 48-hour ultimatum

cointelegraph.com · Oct 2, 2026 at 02:02

NEAR Intents says it’s identified the hacker, gives 48-hour ultimatum
cointelegraph.com Oct 2, 2026

“We have identified you, sir,” NEAR Intents general manager Alex Shevchenko said on Friday after the protocol was hacked for $3.8 million.

NEAR Intents said it has identified the individual behind a security breach that resulted in the loss of $3.8 million in user funds on Thursday, giving them 48 hours to return the funds under “responsible disclosure.”

“We have identified you, sir,” NEAR Intents general manager Alex Shevchenko said in an X post on Friday, as he shared three different wallet addresses to receive Bitcoin, BNB and Solana.

On Thursday, NEAR Intent paused services after detecting a “bug in the Omni deposit and withdrawal infrastructure interaction with NEAR Intents smart contract.” 

Its preliminary investigation found that $3.8 million in user funds was stolen, and it pledged to compensate affected users in full.

Blockchain investigator ZachXBT said the funds from the incident were transferred to the KuCoin exchange and bridged to Bitcoin.

Related: NEAR Intents suffers $3.8M exploit after assistance with Bitget breach

Source

This article is syndicated for educational reading. For the latest updates, visit the original publisher.

Read on cointelegraph.com

Recently Used