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Hacks & Security NEAR −5.6% Neutral

NEAR Intents recovers full $3.8M after exploiter returns stolen funds

CryptoVideos brief
Built from 4 sources 1 min read
NEAR Intents recovers full $3.8M after exploiter returns stolen funds Image: Cointelegraph
Image via Cointelegraph.

NEAR Intents said it recovered about $3.8 million stolen in a security breach. The exploiter returned the full sum after NEAR Intents identified the individual and gave 48 hours to respond. General manager Alex Shevchenko announced the return. NEAR Intents had paused services after detecting a bug in the Omni deposit and withdrawal infrastructure interaction with its smart contract. The platform said most services remain restored across affected networks.

Key points

  1. NEAR Intents said about $3.8 million was stolen and later returned in full.
  2. General manager Alex Shevchenko announced the complete return of the funds.
  3. The exploiter returned the funds after NEAR Intents identified the individual and set a 48-hour deadline.
  4. The incident stemmed from a bug in Omni deposit and withdrawal infrastructure interaction with the NEAR Intents smart contract.

Why it matters

The return restores the stolen $3.8 million after the breach. NEAR Intents paused services and said most were restored across affected networks, so users faced temporary disruption to deposits and withdrawals.

What's unclear

The reports differ on whether the recovered $3.8M directly offsets user losses or mainly restores NEAR Intents' own balance sheet.

Price context · NEAR

At publication
$4.67
Now
$4.65
Change since
−0.43%
7 days · dashed line = publication

Sources · 4 publishers

CoinCentral Tier 3 First report
NEAR Intents Hacker Returns $3.8 Million After 48 Hour Deadline
Blockonomi Tier 3
Attacker Returns Funds After NEAR Intents Issues 48-Hour Recovery Deadline
Cointelegraph Tier 1
NEAR Intents recovers entire stolen $3.8M after ultimatum to exploiter
AMBCrypto Tier 2
NEAR Intents ends probe after exploiter returns stolen $3.8M

Coverage timeline

  1. First reported by CoinCentral
  2. Confirmed by Blockonomi
  3. CryptoVideos brief published
  4. 1 more publisher added to sources
How this brief was made. Our system found this event in 4 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error

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