NEAR Intents identifies hacker, gives 48-hour deadline to return stolen funds

CryptoVideos brief
Built from 5 sources 2 Oct 2026 · 02:18 UTC 1 min read Main editor: Earl Jacobson

Cross-chain protocol NEAR Intents lost roughly $3.8 million in user funds, mostly USDT, in a Thursday exploit targeting its BNB Chain treasury contract. The breach stemmed from a bug in the Omni deposit and withdrawal infrastructure's interaction with the protocol's smart contracts. Services were paused immediately, and the contract flaw was patched within an hour of detection. The team identified the attacker, set a 48-hour window for fund returns, shared three return addresses for Bitcoin, BNB and Solana, pledged full compensation for affected users, and is working with law enforcement and blockchain analytics firms to trace the stolen assets.

Key points

NEAR Intents lost approximately $3.8 million in user funds in a Thursday exploit.
The breach stemmed from a bug in the Omni infrastructure's smart contract interaction.
The protocol paused services and patched the contract flaw within an hour of detection.
The team pledged full user compensation and is collaborating with law enforcement to trace funds.

Price context · NEAR

At publication

$4.93

Now

$4.92

Change since

−0.20%

7 days

Sources · 5 publishers

CoinDesk Tier 1 First report 1 Oct, 14:18 UTC

NEAR Intents hit by $3.8 million exploit as crypto's rough year of hacks continues

Cointelegraph Tier 1 2 Oct, 02:02 UTC

NEAR Intents says its identified the hacker, gives 48-hour ultimatum

CryptoPotato Tier 2 2 Oct, 15:58 UTC

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

The Defiant Tier 1 2 Oct, 16:07 UTC

NEAR Intents GM Says $3.8 Million in Hack Funds Returned in Full

Crypto Briefing Tier 2 2 Oct, 17:23 UTC

NEAR Intents recovers $3.8 million from exploit and closes its investigation

Coverage timeline

Oct 1, 14:18First reported by CoinDesk
Oct 2, 02:02Also reported by Cointelegraph
Oct 2, 02:18CryptoVideos brief published
Oct 2, 15:58–17:233 more publishers added to sources

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