Because its ecosystem was stolen of $3.8 million, NEAR’s price on the order book fell 8.2%, but the panic selloff likely hit the wrong timing.
The 48-hour ultimatum issued by the project team has worked. The hacker addresses confirmed by ZachXBT, within the grace period, attached an “willing to cooperate” message through on-chain transactions.
This incident is confined to the Intents ecosystem layer, and the situation is moving toward negotiating to recover funds rather than developing into a money-laundering disappearance. Treating an attack on a single application as a collapse of the chain’s fundamentals doesn’t reveal risk—it reflects a standard case of emotional misfiring.
#NEAR
The 48-hour ultimatum issued by the project team has worked. The hacker addresses confirmed by ZachXBT, within the grace period, attached an “willing to cooperate” message through on-chain transactions.
This incident is confined to the Intents ecosystem layer, and the situation is moving toward negotiating to recover funds rather than developing into a money-laundering disappearance. Treating an attack on a single application as a collapse of the chain’s fundamentals doesn’t reveal risk—it reflects a standard case of emotional misfiring.
#NEAR