NEAR Intents Gives $3.8M Hacker 48-Hour Ultimatum

NEAR Intents Gives $3.8M Hacker 48-Hour Ultimatum

“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 Identifies $3.8M Hacker, Gives Them 48 Hours to Return Funds

The exploit was isolated to USDT on BSC, and the core NEAR blockchain and its NEAR token were not affected at all.

NEAR Intents Gives Alleged Attacker 48 Hours to Return $3.8 Million

NEAR Intents says it has identified the person behind a security breach that caused approximately $3.8 million in losses, giving the individual 48 hours to return the funds before what the protocol's general manager described as a “responsible disclosure” window closes. Alex Shevchenko, general manager of NEAR Intents, published three return addresses for Bitcoin, BNB Chain and Solana on Friday and addressed the suspected attacker directly. “We …

NEAR Intents Exploit Exposes Cross-Chain Risks After $3.8M Theft

NEAR Intents has identified the suspected individual behind its $3.8 million exploit and issued a 48-hour deadline for returning funds. Bitquery traced most of the stolen assets across multiple blockchain networks, while the protocol works to restore services and fully compensate affected users.