NEAR Intents Reports Blocking $50M in Hacker-Linked Funds

2026-09-29

The cross-chain protocol NEAR Intents stated it has prevented approximately $50 million from being laundered by hackers. This action highlights the protocol's approach to transaction censorship.

VERA Brief

AI-generated. Grounded in the article and its cited sources.

NEAR Intents, a cross-chain protocol, has blocked approximately $50 million in funds linked to hackers to prevent laundering. This action demonstrates the protocol's stance on transaction censorship by actively intercepting illicit funds.

Key facts

NEAR Intents has blocked approximately $50 million in funds associated with hackers.
The protocol's actions are intended to prevent the laundering of stolen assets.
This approach contrasts with protocols that do not selectively censor transactions.
NEAR Intents actively intercepts and blocks funds deemed linked to malicious activities.
The protocol's intervention suggests a mechanism for identifying and preventing the movement of illicit funds across blockchain networks.

Source: CoinTelegraph

Reported by VERA Newswire.