NEAR Intents recovers entire stolen $3.8M after ultimatum to exploiter
Summary
NEAR Intents recovered the full $3.8 million taken in a Thursday security breach after the funds were returned later that day. The team had briefly identified the suspected attacker and issued a 48-hour responsible-disclosure ultimatum, but after the money was sent back, it said the investigation would stop and urged security researchers to use bug bounties instead of disrupting services. Services had been paused after a bug was found in the interaction between Omni deposit/withdrawal infrastructure and the NEAR Intents smart contract. NEAR said affected users would be compensated in full. Blockchain investigator ZachXBT said the stolen funds were moved to KuCoin and bridged to Bitcoin.
