NEAR Intents Blocks $50M+ in Hacker Transfers, Sparking Debate on Crypto Security and Protocol Governance
NEAR Intents' SHIELD system intercepted over $50 million in transfer attempts linked to the Bitget exploit, freezing approximately $503,000. The protocol opted to forgo bounty rewards, asserting that crypto infrastructure should not facilitate laundering stolen assets. This action has ignited industry debate on the ethical responsibilities of decentralized protocols.
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