#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.