NEAR Intents gives hackers 48 hours to return stolen funds
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Odaily Planet Daily News NEAR Intents stated that it has confirmed the identity of the attacker who caused the loss of user funds and required it to return US$3.8 million in funds through the "responsible disclosure" mechanism within 48 hours. If it exceeds the deadline, the window will be closed.
NEAR Intents suspended services on Thursday after discovering a vulnerability in Omni's deposit and withdrawal infrastructure that interacts with its smart contracts. Preliminary investigation showed that the attack resulted in the theft of $3.8 million in user funds, and the platform promised to fully compensate affected users.
On-chain investigator ZachXBT revealed that the funds in question were transferred to the KuCoin exchange and subsequently transferred cross-chain to Bitcoin. (Cointelegraph)
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