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$50 million in Bitget hacker swaps puts NEAR Intents’ ‘permissionless’ claim to the test

CoinDesk·September 29, 2026·1 min read
$50 million in Bitget hacker swaps puts NEAR Intents’ ‘permissionless’ claim to the test

NEAR Intents' swap service flagged over $50 million in attempted transfers linked to the Bitget hacker, though most rejected funds moved through other providers. The incident tests the platform's claim of being 'permissionless,' as the service actively identified and blocked suspicious transactions, raising questions about the balance between decentralization and security in intent-based protocols.

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