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Near Intents Slams Door on $50M in Bitget Hack Laundering Flows
Published Source: Bitcoin.com NewsRead original
Crypto Insight Summary: Following Bitget’s $387.5 million hack, attackers attempted to move more than $50 million through Near Intents, but its SHIELD security system detected the activity and prevented most of the attempted transfers. Just $166,000 slipped through, while another $503,000 was frozen mid-execution. Aurora co-founder Alex Shevchenko said the protocol will waive its recovery bounty, drawing praise […] Crypto Insight Analysis: Direction: Bullish NEAR Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Near's security system prevented $50M laundering, boosting its reputation for safety.