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

๐Ÿ” NEAR Intents' GM Alex Shevchenko has pinpointed the hacker behind a $3.8 million exploit, demanding the return of funds within 48 hours after a bug in their Omni infrastructure was exploited.

๐Ÿ”’ The platform has restored most services and will fully compensate affected users, while also collaborating with law enforcement and blockchain analytics to trace the stolen assets.

๐Ÿค– NEAR co-founder Illia Polosukhin warns of increasingly sophisticated crypto attacks, urging the industry to enhance on-chain standards and off-chain monitoring to prevent future incidents.