Cryptocurrency29 Sept 2026SEO 801 min read

Analysis: $50 million in Bitget hacker swaps puts NEAR Intents’ ‘permissionless’ claim to…

The swap service identified more than $50 million in attempted transfers, although most rejected funds subsequently moved through other providers. NEAR Intents…

The swap service identified more than $50 million in attempted transfers, although most rejected funds subsequently moved through other providers. NEAR Intents said it stopped about $503,000 linked to Bitget’s $388 million hack during cryptocurrency swaps, while about $166,000 passed through the service. The intervention contrasts with THORChain’s refusal to block attacker addresses and has fueled debate over whether NEAR Intents can accurately describe itself as permissionless. NEAR Intents sa…

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