
NEAR Intents recovers $3.8 million from exploit and closes its investigation
Crypto Briefing
The suspected exploiter reportedly returned the full amount after a 48-hour ultimatum from the cross-chain protocol NEAR Intents got its money back. The suspected entity behind an exploit that drained approximately $3.8 million in USDT from the cross-chain trading and settlement protocol has reportedly returned the full amount. Between September 30 and October 1, 2026, a critical bug in the protocol’s smart contracts gave an attacker an opening. The attacker used it to pull USDT out of a treasury contract on BNB Chain. The drain did not happen in one shot. It came through multiple withdrawals spread over the two days, adding up to approximately $3.87 million USDT. The protocol’s SHIELD AI security layer flagged the activity. NEAR Intents then paused its services and patched the vulnerability within an hour.
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