NEAR Intents, a cross-chain protocol, announced it blocked $50 million linked to Bitget hackers. This action highlights its commitment to preventing money laundering, differing from THORChain's stance against censoring any transactions.
NEAR Intents, a system that helps different blockchains communicate, recently announced it stopped $50 million in funds connected to the Bitget exchange hack. This cross-chain protocol emphasized its active role in preventing stolen digital assets from being moved and "cleaned" through its platform. This approach sets it apart from other decentralized finance (DeFi) protocols, such as THORChain. THORChain has publicly stated it does not selectively block or censor any transactions, even those involving potentially illicit funds. NEAR Intents' decision shows a different view on managing security and preventing financial crimes within the decentralized ecosystem.
98.489 SRY