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October 2nd 2026, 3:58 PM

NEAR Blockchain Safely Evades $3.8M Hack Attack

NEAR Blockchain Safely Evades $3.8M Hack Attack

Key Summary

The exploit was isolated to USDT on BSC, and the core NEAR blockchain and its NEAR token were not affected at all.

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Exploit Details

The exploit was isolated to USDT on BSC, and the core NEAR blockchain and its NEAR token were not affected at all.

Response and Recovery

The NEAR team has identified the hacker and is working with law enforcement to recover the stolen funds. The perpetrator has been given 48 hours to return the $3.8M in USDT.

Implications

This incident highlights the importance of robust security measures in the crypto space and the need for swift action in response to such threats.
#NEAR#BSC#CryptoHack#SEC

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