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NEAR team identifies hacker, demands return of stolen funds after $3.8M exploit.

Market News
02 Oct 2026
Tokenpost
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Neutral
NEAR team identifies hacker, demands return of stolen funds after $3.8M exploit.

The NEAR Intents team identified the individual responsible for a recent exploit that resulted in losses on October 1. The hacker had moved about $3.8 million in stolen funds and subsequently sent small amounts of cryptocurrency to a recovery address, requesting contact via Signal. The team has given the hacker 48 hours to return the stolen funds, signaling ongoing efforts to recover the assets and resolve the situation.

The NEAR Intents exploit and recovery efforts provide context for cryptocurrency market activity. For readers following crypto markets, here is Pluang's snapshot as of Oct 02, 2026 20:45 WIB: 40 of 50 major cryptocurrencies rose today. Notable movers include SAND with a 60.88% increase and SXP with a 46.27% decrease in price.

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