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October 2nd 2026, 2:02 AM

NEAR Protocol Hacker Identified and Threatened with 48-Hour Ultimatum

NEAR Protocol Hacker Identified and Threatened with 48-Hour Ultimatum

Key Summary

“We have identified you, sir,” NEAR Intents general manager Alex Shevchenko said on Friday after the protocol was hacked for $3.8 million.

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Incident Details

The NEAR protocol was hacked for $3.8 million, according to the protocol's general manager Alex Shevchenko.

Hacker Identification

The hacker has been identified, and NEAR Intents is giving them a 48-hour ultimatum to return the stolen funds.

Implications

The incident highlights the vulnerability of blockchain protocols to cyber attacks and the importance of robust security measures.

#NEARProtocol#SmartContractHacking#CyberAttack

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