NEAR Intents Gives Suspected Thief 48 Hours to Return $3.8 Million

The NEAR Intents protocol has identified an individual suspected of stealing $3.8 million in a security breach, giving them 48 hours to return the funds before the 'responsible disclosure' window closes.

Alex Shevchenko, general manager of NEAR Intents, published three return addresses for Bitcoin, BNB Chain, and Solana, directly addressing the suspected attacker.

The protocol has promised to compensate affected users in full, regardless of whether the funds are returned by the attacker or recovered through other means.

NEAR Intents detected a bug involving its Omni deposit and withdrawal infrastructure and a NEAR Intents smart contract, leading to the loss of $3.8 million.