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NEAR Intents Identifies $3.8M Hacker, Gives Them 48 Hours to Return Funds
The exploit was isolated to USDT on BSC, and the core NEAR blockchain and its NEAR token were not affected at all.
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Key points
- NEAR Intents GM Alex Shevchenko said the attacker behind a roughly $3.8 million exploit was identified and gave 48 hours to return funds to listed addresses.
- The platform said a bug between its Omni deposit/withdrawal infrastructure and the Intents smart contract caused the loss, patched within an hour, with users to be compensated fully.
- Co-founder Illia Polosukhin said the exploit was isolated to USDT on BSC and that SHIELD flagged outlier behavior; NEAR Protocol said it was unaffected.
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