NEAR Intents Blocks $50 Million From the Bitget Hack: Why THORChain Let the Swaps Through

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The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.A cross-chain protocol says it stopped more than $50 million in transfers from the Bitget attack and froze $503,000. The case shows who can halt funds in transit and what that means for your custody.A protocol that swaps assets between blockchains has stopped the outflow of stolen funds: NEAR Intents says it blocked more than $50 million in swap attempts attributed to the attack on crypto exchange Bitget. The team froze $503,000 mid-execution, and around $166,000 slipped through. For you as an investor this is not a price story but a question about your own custody: who can stop funds that belong to you, and what follows from that for your choice of exchange and wallet? The figures come from an account by NEAR Intents reported by CoinDesk, among others, on 29 September 2026. The team itself describes them as estimates with a possible margin of ten percent, with duplicate attempts stripped out. That caveat belongs to the story, because sums in cases like this only become reliable...

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