NEAR Intents Bridge Bug: $3.8M Loss and Stolen Fund Return

Name: NEAR Intents Bridge Bug: $3.8M Loss and Stolen Fund Return
Uploaded: 2026-10-09T16:34:13+00:00
Duration: 46 min 1 s

Original title: How NEAR Intents Secretly Signaled That the Suspect Had Been Identified

Unchained 9 Oct 2026 46:01 1,133 views on YouTube

NEAR −0.3%

BNB −1.0%

XMR +1.3%

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Summary

NEAR Intents halted services after an attacker exploited a bug in its Omni bridging infrastructure and took $3.8 million. The attacker got the protocol to credit USDT deposits on BNB Chain that never happened. NEAR Intents covered the loss from its own pockets. Twelve hours after announcing the hack, the team tweeted at the suspect that it had identified them. Alex Shevchenko, GM of NEAR Intents, says a Signal invite encrypted with the attacker's public key opened a private channel. The funds came back, partly in XMR. Shevchenko also says Shield kept funds tied to the Bitget hack from passing through the protocol. He argues crypto that protects thieves cannot become the economic backbone its builders want.

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Key points

An attacker exploited a bug in NEAR Intents' Omni bridging infrastructure and took $3.8 million.
The attacker got NEAR Intents to credit USDT deposits on BNB Chain that never happened.
NEAR Intents halted services and covered the loss from its own pockets.
Twelve hours after announcing the hack, the team tweeted that it had identified the suspect.
A Signal invite encrypted with the attacker's public key opened a private channel, and the funds came back partly in XMR.
Alex Shevchenko says Shield kept funds tied to the Bitget hack from passing through the protocol.