Near Intents has blocked the movement of about $50 million linked to the Bitget hack, preventing the funds from continuing through its service for transfers or swaps. The move highlights a key challenge for crypto markets: whether cross-chain services can identify and stop suspicious assets as they move between networks.
Route for about $50 million blocked
Funds associated with the Bitget hack had entered a route intended to move or process them, involving about $50 million. Near Intents subsequently blocked those funds from flowing through its service. Available information does not establish whether all related funds have been frozen, or whether the $50 million represents Bitget’s total losses. The figures should not be treated as equivalent.
Near Intents’ role in the incident was at the transaction and cross-chain transfer stage. Moving crypto assets between networks can involve multiple wallets, tokens and service providers. If a key provider refuses to process a transaction, it can disrupt subsequent transfers—but that does not mean the assets have been recovered or that every associated address has been dealt with.
Bitget hack underscores cross-chain response challenges
After a hack, the movement of stolen assets across blockchains is a focus for exchanges, cross-chain protocols and blockchain security teams. On-chain transfers are generally visible, but identifying where funds came from and who controls them can become more difficult after they pass through token swaps, bridges or other routing services.
Near Intents’ action shows that transaction services can restrict suspicious activity using wallet addresses, transaction patterns or other risk signals. But one provider’s intervention does not establish who ultimately controls the funds, or whether the hackers have lost access to all of them. On-chain data will be needed to determine whether the funds move through other protocols, networks or addresses.
Monitoring and information-sharing under scrutiny
For crypto market participants, the Bitget hack and the subsequent attempt to move funds highlight the importance of information-sharing between exchanges and infrastructure providers. Exchanges need to track stolen assets, while cross-chain and swap services must identify suspicious activity without disrupting legitimate transactions. How quickly these parties respond may affect whether funds can be moved further.
As of September 28, 2026, public information has focused on Near Intents’ blocking of about $50 million in related transfers. Details remain limited on Bitget’s total losses, whether the funds have been frozen, any recovery arrangements, and whether other providers have taken similar steps. Changes in the relevant wallet balances, cross-chain transaction records and formal statements from the parties involved will help clarify what happens next.