Bullish
NEAR Protocol (NEAR) price surges 8.6% to $5.05 amid $50M Bitget hack recovery
In the past 24 hours, NEAR Protocol's native token, NEAR, has risen 8.6% to $5.05, driven by the protocol's SHIELD system blocking over $50 million in cross-chain transactions linked to the recent $387.5 million Bitget hack. This proactive security measure has bolstered investor confidence, contributing to the price increase.
Key points
- NEAR's SHIELD system successfully intercepted over $50 million in suspicious cross-chain transactions associated with the Bitget hack, enhancing the protocol's security reputation.
- The NEAR Intents platform continues to facilitate cross-chain transactions, maintaining its role in the ecosystem without significant new developments.
- No major updates have been reported regarding NEAR Protocol's AI infrastructure or other core initiatives in the past 24 hours.
Sources
- NEAR Intents Blocks Over $50 Million Linked to $387.5 Million Bitget HackGadgets360 · September 29, 2026
- NEAR Protocol Drops 4.36% Amid Technical OverextensionCoinMarketCap · September 19, 2026
- NEAR Protocol Launches Post-Quantum Key Support on MainnetKuCoin · August 26, 2026
- NEAR Launches Confidential Perpetuals Trading with HyperliquidHODL FM NEWS · September 18, 2026
AI-generated from public news sources. Not financial advice.
