NEAR Intents, a cross-chain trading protocol, blocked $503,000 of stolen funds linked to the Bitget hack, which involved over $50 million in attempted transfers. NEAR co-founder Illia Polosukhin emphasized that permissionless blockchains don't require every app to process all transactions, defending their decision to halt suspicious trades. The blocking was enabled by SHIELD, a risk-intelligence system that detects and stops illicit fund flows. This contrasts with THORChain, which refused to block hacker wallets, sparking debate about security and neutrality in decentralized finance. Bitget's CEO thanked NEAR Intents, and the exchange's User Protection Fund covers the $387.5 million loss from the hack.
The story about NEAR Intents blocking stolen funds linked to the Bitget hack provides context for readers following blockchain security. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Sep 29, 2026 17:02 WIB: out of 50 major cryptocurrencies, 42 rose and 7 fell. Notable movers include ADA (Cardano) at Rp4.563 with a 1-day change of +4.37% and a typical hold time of 126 days, SUSHI (SushiSwap) at Rp4.725 with +4.19% change and 101 days hold time, and COTI (COTI) at Rp233 with a -4.06% change and 120 days hold time.
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