
AI-generated summary
Bitget exchange had lost cryptocurrency in previous hacking attacks. Near Protocol has developed a protocol called Near Intents that facilitates blockchain interactions and has integrated a risk detection system called SHIELD on this protocol.
Bitget hackers' attempts to use protocols that enable cryptocurrency exchange between different blockchains continue. The attackers, who are believed to be linked to North Korea, last tried Near Intents, but they were not successful. According to the information provided by Alex Shevchenko, the founder of Aurora, a blockchain infrastructure running on Near Protocol; Attackers attempted to transfer over $50 million of stolen funds through Near Intents.
"Shield" protected…
Near Intents' risk detection system called "SHIELD", or "Shield" in Turkish, had previously recorded addresses and suspicious money flows associated with hacking attacks. And when the cryptocurrencies coming from the registered addresses entered the system, protection came into play.
Despite this, the attackers managed to launder $166 thousand worth of cryptocurrency. $500 thousand worth of crypto money was frozen by the system.
They also gave up the award
A legal process was immediately initiated to return the seized $500 thousand to Bitget. The Near Intents team also gave up the award given by Bitget. Bitget CEO Gracy Chen also thanked the Near team for their help.
AI outlook — possibilities, not facts
Bitget will increase security measures post-hack and may require third-party audits.
Likely · Within weeks
Near Intents can be adopted by other blockchain projects thanks to the success of the SHIELD system.
Possible · Within months

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