Cross-Chain

NEAR

2026-09-29 10:03:03

NEAR defends blocking Bitget hack funds, saying permissionless systems need not process every trade

NEAR co-founder Illia Polosukhin defended the decision by NEAR Intents to block funds tied to the Bitget hack, arguing that an open blockchain does not require every application built on it to handle every transaction. In a post on X on Monday, Polosukhin said permissionless access means users can hold and transfer assets or deploy contracts on NEAR without asking for approval, but that standard does not obligate every app or liquidity provider to process all flows. The remarks followed comments from Alex Shevchenko, general manager of NEAR Intents, who said attackers tried to route more than $50 million in stolen funds through the cross-chain trading protocol. According to Shevchenko, about $166,000 made it through, while $503,000 was frozen after execution had already started. He said the restricted funds will remain locked pending the appropriate legal and recovery process. Shevchenko said the blocking was carried out through SHIELD, a risk-intelligence layer that combines transaction monitoring, outside research, and information from major centralized players to identify suspicious activity. Bitget CEO Gracy Chen thanked the NEAR Intents team, while THORChain again declined Bitget’s request to block the attacker’s addresses. The debate widened after a pseudonymous user argued NEAR’s design gives its team powers similar to those of a centralized exchange.

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Jumper

2026-09-29 05:41:19

Jumper to open JUMP token sale on Legion on Sept. 29

Multichain decentralized exchange Jumper will open its JUMP token sale on Legion at 21:00 UTC+8 on Sept. 29, according to an official announcement cited by BlockBeats. The sale is scheduled to run until 21:00 UTC+8 on Oct. 2. Jumper describes itself as an onchain financial super app that brings together swapping, cross-chain transfers, yield products, perpetual futures, and tokenized stock trading tied to real-world assets, or RWA, within a single interface. The team also said the platform has recorded more than $41 billion in cumulative trading volume, has over 100,000 monthly active users, and ranks among the leaders in cross-chain aggregated trading volume. No additional sale terms were disclosed in the source text.

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Bitget

2026-09-29 03:25:30

Investigator says Circle froze about $201,000 tied to Bitget hack

Independent blockchain investigator tanuki42 said on X that they coordinated with Circle to freeze roughly $201,000 linked to the Bitget theft, marking another recovery step tied to the case. According to the post, the address involved had attempted to move funds between an EVM network and Noble. The transfer flow ran into a limit in Circle Cross-Chain Transfer Protocol, or CCTP, on outbound transfers from Noble. tanuki42 said one transaction hit that cap and was pushed into a pending state instead of completing. That pause gave Circle time to blacklist the destination address before the transfer limit reset. As described in the post, the funds are now stuck between Noble and Ethereum. The statement did not provide additional details beyond the amount frozen, the transfer route, and the mechanism that led to the blacklist action.

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NEAR Intents

2026-09-28 15:50:51

NEAR Intents freezes $503,000 tied to Bitget hack

Bitget CEO said the exchange was hacked on Sept. 24, with about $387.5 million stolen. A large share of the funds was moved across chains and ended up mainly on Ethereum. According to a report from NEAR Intents, its SHIELD risk intelligence layer detected more than $50 million in suspected money-laundering transfer attempts linked to the incident. Of that amount, $166,000 passed through, while $503,000 was frozen during execution. The frozen funds remain restricted and are awaiting follow-up legal action and recovery procedures. The update adds a new data point on how much suspicious flow NEAR Intents says it identified and how much it was able to stop.

270

Chainlink

2026-09-28 12:35:51

Chainlink rolls out CCIP 2.0, letting large crypto apps add custom cross-chain checks

Chainlink has released CCIP 2.0, updating its cross-chain interoperability protocol to let enterprises add their own security checks on top of the platform’s default validation setup. Under the new model, users can build extra verification layers for cross-blockchain transfers beyond Chainlink’s standard network of 16 operators. The upgrade comes after Kelp DAO suffered a $292 million hack in April. That incident was attributed to a LayerZero bridge configuration that used a single validator, according to the source material. Following the attack, Kelp DAO moved its rsETH token to Chainlink. The report also said Chainlink’s risk management network will no longer run as a separate security backstop. That means users who do not add their own validators will rely on one validation network instead of two. CoinDesk was cited as the source for the report carried by Odaily.

250

Jumper

2026-09-28 07:10:00

Jumper splits from LI.FI and launches JUMP sale at a $75 million FDV

Jumper, the cross-chain aggregation app originally incubated by LI.FI, is moving into independent operations and plans to raise capital through a token sale rather than equity. The JUMP public sale is scheduled for Sept. 29 at 21:00 on Legion, with a $75 million fully diluted valuation, a $2 million fundraising target, and a $3 million hard cap. After the split, Marko Jurina will serve as CEO, while the product will continue to run on LI.FI’s technology stack. The separation is presented as a way to cleanly divide incentives between LI.FI’s enterprise routing business and Jumper’s retail-facing frontend. LI.FI has expanded its client base to wallets, exchanges, neobanks, and AI agents, while Jumper built its own user base through XP points and fee-free trading. The article argues that keeping both under the same roof made LI.FI’s claim of neutrality harder to defend, especially when many of its customers compete for the same end users. The report also examines JUMP’s tokenomics, lock-up schedule, and valuation. Public sale buyers will receive 50% at TGE and the rest over four months, but community emissions, fee-sharing mechanics, and post-fee user retention remain unclear. Based on projected fee income, the $75 million FDV implies a valuation roughly in line with comparable projects, though the article says the setup leaves limited margin for error and exposes buyers to market, liquidity, and execution risk.

320

Alpen

2026-09-28 02:59:41

Alpen says USDC and CCTP will be available at mainnet launch under Circle partnership

Bitcoin infrastructure provider Alpen said it has entered into a partnership with Circle, with Circle-issued USDC and the Cross-Chain Transfer Protocol, or CCTP, set to be available when Alpen’s mainnet goes live. The update came from Alpen’s post on X and identifies Circle as the partner behind the integration. The announcement points to support for both the stablecoin and Circle’s cross-chain transfer standard at launch. Alpen did not give a specific date for its mainnet launch in the post. No other rollout details were included in the disclosed text.

260

THORChain

2026-09-28 02:00:57

THORChain Faces Fresh Scrutiny Over Whether It Should Block Stolen Funds

THORChain is again at the center of a dispute over stolen crypto flows, this time tied to funds taken from Bitget. Bitquery said hacked BNB and TRX were split into dozens of transactions and routed through cross-chain swaps into Bitcoin, with 126.71 BTC settled on Sept. 25 alone and more than 80% of that flow moving through THORChain. XRP was also reportedly moved out in batches with THORChain as the destination. On Sept. 26, Bitget CEO Gracy Chen said the attacker addresses had been publicly flagged and continuously tracked, and formally asked THORChain to deny service to those addresses. SlowMist raised the same issue, questioning what responsibility the protocol should bear when it handles known stolen funds. THORChain replied a day later that it was sorry about the incident but described itself, like Bitcoin, Ethereum and BNB Chain, as a decentralized and permissionless network. That defense drew pushback from OKX founder Star Xu, who argued THORChain’s TSS and validator model is not comparable to Bitcoin or Ethereum and pointed to earlier cases in which the network was paused when its own assets or security were at risk. The debate has focused less on whether THORChain can freeze a single address and more on whether it is willing to halt the chain when stolen funds are known to be moving through it.

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