NEAR Intents Hack Sees Stolen Funds Move to KuCoin

A recent security incident affecting NEAR Intents has taken an unexpected turn. Approximately $3.865 million in stolen funds was transferred to KuCoin, while additional funds were converted to Bitcoin through cross-chain transactions.

The hack, which occurred earlier this year, initially put preliminary losses at about $3.8 million. NEAR Intents pledged to reimburse affected users in full but did not provide a reimbursement date.