NEAR Intents’ General Manager Says Part of the $3.8 Million Exploit Came Back in Monero
- Published
NEAR Intents’ general manager said part of the funds returned after the $3.8 million exploit came back in Bitcoin, while the remainder came back in Monero. He also said 34.59 BTC made up about 78% of the total returned funds, and the team is still working to convert the Monero into Tether.
Key claims & sources
What it means
Users and NEAR Intents’ customers see that some of the stolen funds have been returned, but not in a final form that is already settled into the token the team wants to hold. The unresolved Monero portion still needs conversion work, so the situation remains active rather than fully closed.
Before this return, the stolen amount was out of reach; now part of it is back, split between Bitcoin and Monero. What remains the same is that the returned Monero is still not in Tether, so the practical end state for those funds has not yet changed.
Market reaction i
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
Thefts of a similar size
| When | What happened | Figure |
|---|---|---|
| 36 days ago | NEAR Intents · Bridge Logic Flaw incident | $3.8M |
| 2.1 years ago | Onyx · Contract vulnerability incident | $3.8M |
| 3.6 years ago | Rocket Pool · Phishing incident | $3.8M |
| 4.4 years ago | XCarnival · Deposit Logic Flaw incident | $3.8M |
| 5.7 years ago | DODO AMM · Improper Access Control incident | $3.8M |
4282 incidents stored · 570 were as large as this one or larger ($3.8M)