Near Intents blocks more than $50 million in Bitget hack transfers

CryptoVideos brief
Built from 4 sources 29 Sep 2026 · 01:30 UTC 1 min read Main editor: Earl Jacobson

Attackers stole $387.5 million from Bitget and tried to move more than $50 million through Near Intents. The cross-chain protocol's SHIELD system detected the attempted transfers and blocked them, though about $166,000 passed through. Near Intents froze $503,000 during execution. It waived its bounty share, and Bitget CEO Gracy Chen thanked the team. Near Intents said frozen funds will be returned through legal channels.

Key points

Near Intents said its SHIELD system detected and blocked the attempted transfers.
The protocol froze $503,000 during execution while about $166,000 passed through.
Near Intents waived its bounty share from Bitget, leaving more funds for recovery.
The blocking came as Bitget's CEO called on THORChain to block addresses linked to the attack.

Why it matters

Near Intents stopped most of the attempted transfers, but $166,000 passed through and the attackers moved on to other providers. Protocols remain split on whether to filter transactions linked to hacks.

What's unclear

The reports do not identify which other providers received the attempted transfers after Near Intents blocked them.

The frozen $503,000 has not been returned, Shevchenko said it will go through a legal process.

Price context · NEAR

At publication

$4.70

Now

$5.10

Change since

+8.51%

7 days

Sources · 4 publishers

Bitcoin.com News Tier 2 First report 28 Sep, 22:40 UTC

Near Intents Slams Door on $50M in Bitget Hack Laundering Flows

Cointelegraph Tier 1 29 Sep, 01:17 UTC

NEAR Intents says it blocked $50M tied to Bitget hackers

CoinCentral Tier 3 29 Sep, 07:50 UTC

Bitget Hack: NEAR Intents Blocks $50 Million in Stolen Crypto Funds

Crypto Briefing Tier 2 29 Sep, 16:42 UTC

NEAR Intents’ SHIELD risk layer blocked over $50M in stolen Bitget funds, earning praise from CEO Gracy Chen

Coverage timeline

Sep 28, 22:40First reported by Bitcoin.com News
Sep 29, 01:17Also reported by Cointelegraph
Sep 29, 01:30CryptoVideos brief published
Sep 29, 07:50–16:422 more publishers added to sources

How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error