NEAR Intents, a crypto swap platform, blocked about $503,000 and prevented attempts to move over $50 million in stolen funds from the recent $388 million Bitget hack. While most transfers were stopped by its SHIELD system, about $166,000 still passed through. This action contrasts with other platforms like THORChain, which refused to block hacker addresses, sparking debate on whether NEAR Intents can truly be considered permissionless. The frozen funds await legal and recovery processes, but details on authorization and fund recovery remain unclear. This incident highlights the tension between security measures and the principle of permissionless blockchain services.
The recent Bitget hack and NEAR Intents' response provide context for crypto market activity. For readers following cryptocurrency, here is Pluang's market snapshot as of Sep 29, 2026 13:41 WIB: of 50 major cryptocurrencies, 23 rose and 26 fell. Notable movers include CAKE at Rp46.859 with a 1-day change of -4.64%, UNI at Rp157.023 down 4.60%, and AAVE at Rp2.802.277 up 4.39%.
BlackRock's iShares Ethereum Trust (ETHA) saw $15.35 million in net inflows on September 28, equivalent to about 5,730 ETH purchased in one day. This inflow is part of a strong trend, with US spot Ethereum ETFs collectively drawing around $690 millio...
Aave (AAVE) saw its price rise by 4.17% within one hour, reaching $156 on September 29. This increase extended its 24-hour gain to 4.49%, moving from $150 to $156. The token is ranked 47th in market capitalization at about $2.3 billion. During this h...
Astera Labs, specializing in high-speed connectivity for AI servers, reported a 104% year-over-year revenue increase in Q2, driven by faster-than-expected adoption of its Scorpio X switch. The company is expanding from server-level to rack-level solu...
Imperial Oil, majority-owned by ExxonMobil, leverages vertical integration to avoid thermal oil discounts, supporting stable cash flow and dividends. Despite strong earnings, the stock trades at a low price-to-earnings ratio of 11, reflecting market ...
Internet Computer (ICP) cryptocurrency surged 7.44% within four hours to $3.32, extending its 24-hour gain to 8.21%. This price increase was accompanied by $20,000 in short liquidations on major exchanges Binance, Bybit, and OKX, while no long positi...
