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NEAR Intents Hack Moves $3.865 Million in Stolen Funds to KuCoin

Separate additional funds were converted to Bitcoin through cross-chain transactions. NEAR Intents put preliminary losses at about $3.8 million and pledged full reimbursement.

By Simon Yoon
Published
Mentioned assets
A Bitcoin coin rests beside a small transfer receipt on a counter / TokenPost.ai
A Bitcoin coin rests beside a small transfer receipt on a counter / TokenPost.ai

About $3.865 million in funds stolen in the NEAR Intents security incident was transferred to KuCoin, while separate additional funds were converted to Bitcoin (BTC) through cross-chain transactions.

NEAR Intents put preliminary losses at about $3.8 million and pledged to reimburse affected users in full. The update gave no reimbursement date.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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