🚨💰 BREAKING : NEAR Intents Recovers Full $3.8M After 48-Hour Ultimatum to Exploiter $GLMR $QI
NEAR Intents has fully recovered roughly $3.8 million stolen in an October 1 breach. After identifying the attacker, the project gave a 48-hour ultimatum, prompting the return of all funds—mainly ~34.59 BTC plus small amounts of ETH and BNB. The exploit stemmed from a bug in the Omni deposit/withdrawal infrastructure interacting with NEAR Intents contracts, affecting USDT on BNB Chain; the core NEAR protocol was unaffected. The attacker had moved funds through KuCoin and converted them to Bitcoin. The project has ended its investigation, pledged full compensation to affected users, and urged security researchers to use bug bounties instead of attacking live services.
NEAR Intents has fully recovered roughly $3.8 million stolen in an October 1 breach. After identifying the attacker, the project gave a 48-hour ultimatum, prompting the return of all funds—mainly ~34.59 BTC plus small amounts of ETH and BNB. The exploit stemmed from a bug in the Omni deposit/withdrawal infrastructure interacting with NEAR Intents contracts, affecting USDT on BNB Chain; the core NEAR protocol was unaffected. The attacker had moved funds through KuCoin and converted them to Bitcoin. The project has ended its investigation, pledged full compensation to affected users, and urged security researchers to use bug bounties instead of attacking live services.
