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NEAR Intents blocks more than $50 million in Bitget hack flows

  • NEAR Intents blocked attempted transfers of stolen Bitget hack funds.
  • Attackers tried moving more than $50 million through NEAR Intents.
  • SHIELD detected the activity, and NEAR Intents waived its recovery bounty share.

NEAR Intents blocked attempts to move more than $50 million stolen in the September 24 Bitget hack, according to NEAR co-founder Alex Shevchenko. Its SHIELD risk system detected the activity, while NEAR Intents waived its share of any recovery bounty.

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