CryptoMedium•6 October 2026•
1 min read
NEAR Protocol Recovers $3.8 Million in Stolen Funds as Price Rallies
Key Facts
1The attacker returned the full $3.8 million stolen in the NEAR Intents exploit.
2NEAR price rose 7.8% to $5.23 following the news of the fund recovery.
The attacker returned the full $3.8 million stolen in the NEAR Intents exploit. According to cryptoticker.io, Alex Shevchenko, general manager of NEAR Intents, confirmed the total recovery of funds, resolving security concerns surrounding the cross-chain service following the October 1 incident.
NEAR price rose 7.8% to reach $5.23 on the morning of Tuesday, October 6, 2026, recovering from a daily low of $4.87. Market sentiment was further supported by the launch of the first US spot NEAR ETF by Bitwise on September 29, 2026, which attracted $35.5 million in net inflows during its debut session.