#NEARFundsRecovered
About NEARFundsRecovered
NEAR Intents said on Oct 3 that it had recovered all $3.8M taken in an attack and would end its investigation. The exploit stemmed from a flaw in how its Omni deposit and withdrawal infrastructure interacted with a smart contract. NEAR co-founder Illia Polosukhin said the team identified and contacted the responsible party within 24 hours. He credited SHIELD, Intents' AI security layer, and the investigation for the recovery. The flaw did not affect the NEAR Protocol network.
Hot
Latest
NEARFundsRecovered Popular posts
NEAR Intents suffered a security exploit Thursday that caused about $3.8 million in losses and prompted the cross-chain trading platform to pause services and restrict deposits and withdrawals on several blockchains.
The project attributed the exploit to a bug involving its Omni system and smart contract, said the vulnerability had been patched and pledged to reimburse affected funds in full.
#NEARFundsRecovered NEAR Intents said on Oct 3 that it had recovered all $3.8M taken in an attack and would end its investigation. The exploit stemmed from a flaw in how its Omni deposit and withdrawal infrastructure interacted with a smart contract. NEAR co-founder Illia Polosukhin said the team identified and contacted the responsible party within 24 hours. He credited SHIELD, Intents' AI security layer, and the investigation for the recovery. The flaw did not affect the NEAR Protocol network.
$NEAR UPDATE 👀
NEAR is around $4.81, up about 2.5% today after the recent sell-off. The $4.60 area is the key support; reclaiming $5.00–$5.10 would improve the short-term structure.
The bigger catalyst remains the new U.S. spot NEAR ETF (NRR), while the $3.8M NEAR Intents exploit has been resolved with the funds returned.
headmetax
Gm 😊
The interesting part isn’t just the $100K reward pool.
It’s what the rewards are helping bootstrap: a live decentralized network for collecting fresh, verifiable 3D ground truth from the physical world.
Physical AI needs constant streams of real-world observations, and centralized data collection can be expensive, slow, and difficult to verify.
A contributor network changes that model.
More contributors → more coverage → more spatial data → more useful infrastructure for robotics and autonomous systems.
The incentives bring people in, but the bigger opportunity is building a distributed data layer that machines can actually depend on.
⚡️UPDATE: The NEAR Intents attacker has RESPONDED.
The NEAR Intents recovery wallet received 1 BNB with a message saying:
“Willing to cooperate, reply with your Signal so contact is possible.”
The sender address is tagged on BNBScan as “NEAR Intents Exploiter 1” and was previously identified by ZachXBT as one of the primary addresses tied to the exploit.
The response came within Alex Aurora’s 48-hour window offering a path to cooperate, return funds and potentially receive a bounty.
If negotiations hold, the exploit could move toward RECOVERY rather than a prolonged laundering attempt.
Coin Bureau
⚠️ALERT: NEAR Intents reports EXPLOIT that caused an $3.8 MILLION loss.
The issue came from a bug linked to its Omni deposit and withdrawal system.
near:native says all affected funds will be FULLY compensated.
NEAR Intents is a multichain transaction service that enables users and AI agents a shorter transaction process.
DEPOSITS and WITHDRAWALS on BSC, Polygon, TON, Optimism, Avalanche, Stellar, Monad, LayerX, Adi, Scroll and Plasma will stay paused for about 12 MORE HOURS.
The contract bug has been FIXED, and NEAR Intents and near(.)com are expected to return within about 1 HOUR.
The incident has also been reported to law enforcement, while security firms work to trace the funds.
Last week, NEAR Intents stopped hackers from laundering more than $50M stolen from Bitget and even froze $503K mid-transaction.
Bitget's CEO publicly thanked them.
Three days later, NEAR Intents got hacked for $3.8M itself.
I'm trying to know if they annoyed the hackers or what.
Because the timing is ridiculous.
NEAR Intents team is based.
- SHIELD technology detects and stops the hack and amount is contained.
- Patch and announcement with plan in 1h, and then systems live, with clear comms.
- Ofc any amount to be compensated.
- Hours later hacker gets identified.
- Next day hacker co-operates.
When Rhea was hacked, 100% of the funds were recovered in 3-5 days and no losses occurred, after a memorable work by the team in onchain forensics.
Hopefully all amount will be recovered again.
Bullish on Near team. Tell me about other team that acts like this when it comes to security.
Alex Shevchenko 🇺🇦
Thank you for your willingness to cooperate.
Decrypt these messages with the private key from 0x09Fd1f5d9F185067A92493E43AA259ea4AB3ad37:
BLa9ID/Re9kSSmMYnWBbDOqdTuo0OkB7U18CaO8a9ma0SF/INcWMHA9ELiGYuVh7OBY1IBoZYSta1VzB6o8Scw+BLey0wbHtr5qLZkZz7UPECztIdJqZNNqiBAV2ik8hH4F1Kz8qi3d09RrM26Rh/XzBdW+gWJxLBYYKxLbA9pW47gZ/J4IaYFo6vCte7QloZX0dWRtGxOv8bt5EE8OhdqcCW3hZ8wc9/4C+ezfiBd8qF2Bt9cB7n2C9w8s5pic=
ecies
a0ed0a1950d4f6d0a4432fd448eb5c75035f0a8fcf0e6441251cacc2c2d58214ff4ec46a743867401a518c9777769edbf6e1b8fdd6e98e2a8358ff19273a0975700015236e4d19d6bfed71afa09a8bd6011581863181a0f77310c764e1917a225ae0a2dae894f8f70884cd1bec8859120e5446c0880fa91f8d8fee0d34b345bbc6f16340e7f10094c98abe7e2aeb3c70743d17751168853429d97a614c5c01a3ffc27e3259b3a7ea1016f72e9313299440
eth-crypto
$NEAR called out the hacker: "We have found you, sir."
I thought it was just a bluff, but it turned out they really found him.
The hacker immediately gave in and returned every penny, even leaving a message: "Money has been returned."
The hacker didn’t say the latter part, "Please let me go," which should be the hacker’s last bit of stubbornness. 😂
Just saw something on the sudden movement list, NEAR.
Let me clarify what it does first, so no one asks me again. NEAR is a well-established public blockchain, focusing on sharding and being cheap and easy to use. It hasn't made much splash in recent years. This time it popped up because of two things. First, the Intents module was exploited for $3.8 million a while ago, but the funds have now been recovered, and the team says the investigation is over.
$NEAR
LONG 🔥
4.65 → 4.75 / 4.89 / 4.97
Shortest villain arc ever.
$3.8M hack → <24h FULL refund
Bitwise ETF (NRR) NYSE Arca ✅
Intents rev + buyback/burn
Perps + Ondo RWA + AI agents
Illia @ Token2049 Oct 6
Trust back. Momentum stacking.
#USNFPDataCools
#BTCETHETFOutflows
#G7OilReserveRelease
