🚨 $3.8 million returned to the penny: Hollywood reversal in DeFi!
The story with the NEAR Intents exploit ended with a happy ending in just a few hours. How did you manage to get back 100% of the funds? 👇
• Exploit: A hacker stole $3.8 million in USDT due to a vulnerability in cross-chain architecture (BNB Chain). The team immediately stated that it guarantees the safety of users' funds.
• Ultimatum: The head of the project Alex Shevchenko publicly addressed the hacker: "We have identified you, sir. You have 48 hours" and specified the addresses for return.
• Onchain negotiations: The attacker got in touch through micro-transactions in ETH and BNB, encrypting Signal contacts directly in the metadata.
• 100% refund: All funds were fully transferred to the team within a few hours. The investigation is closed.
💡 Conclusion: On-chain tracking and hard communications work. But it would be easier for the ecosystem if hackers immediately chose Bug Bounty, rather than checking the strength of services!
$NEAR
The story with the NEAR Intents exploit ended with a happy ending in just a few hours. How did you manage to get back 100% of the funds? 👇
• Exploit: A hacker stole $3.8 million in USDT due to a vulnerability in cross-chain architecture (BNB Chain). The team immediately stated that it guarantees the safety of users' funds.
• Ultimatum: The head of the project Alex Shevchenko publicly addressed the hacker: "We have identified you, sir. You have 48 hours" and specified the addresses for return.
• Onchain negotiations: The attacker got in touch through micro-transactions in ETH and BNB, encrypting Signal contacts directly in the metadata.
• 100% refund: All funds were fully transferred to the team within a few hours. The investigation is closed.
💡 Conclusion: On-chain tracking and hard communications work. But it would be easier for the ecosystem if hackers immediately chose Bug Bounty, rather than checking the strength of services!
$NEAR
