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NEAR Intents Says It Froze $503,000 in Bitget Hack Funds

TLDR — NEAR Intents' SHIELD risk system detected more than $50 million in attempted transfers linked to Bitget's Sept.

Signal data▼ Bearishconfidence 90%High materiality
AssetEventexchange-incidentEvent timeAttention0 readers/hrNormalSmart readers0

NEAR Intents' SHIELD risk system detected more than $50 million in attempted transfers linked to Bitget's Sept. 24 hack and blocked most from proceeding, according to general manager Alex Shevchenko. About $503,000 was frozen mid-execution. Roughly $166,000 passed through, Shevchenko wrote in his... Read the full story at The Defiant

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