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    NEAR Intents Blocks Over $50 Million Linked to $387.5 Million Bitget Hack

    5 hours ago

    NEAR Intents said its SHIELD mechanism blocked more than $50 million (roughly Rs. 480 crore) in attempted cross-chain transactions linked to wallets associated with the $387.5 million Bitget hack. The protocol said nearly $503,000 (roughly Rs. 4.8 crore) was frozen, while around $166,000 (roughly Rs. 1.5 crore) had moved through before intervention. The incident highlights differing approaches to transaction screening across cross-chain protocols.
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