Project
Decentralized protocol for swapping native assets across blockchains.
Crypto trader Frogman lost about $4 million when his Solana wallets were drained at 4:14 a.m. as TOKEN2049 opened in Singapore. The attacker finished selling within nine minutes, hours before anyone noticed, and the route to his keys is still unknown.
Reality
Swap protocols and wallets collected $761,725 in fees moving funds from the $387.5 million Bitget hack, researcher Andrey Sergeenkov found. Part of $259,718 in linked THORChain affiliate fees reached an OKX-labeled wallet, where deposit records could identify a holder.
Reality
Bitget lost about $387.5 million on September 24 after attackers used stolen admin credentials to inject withdrawals that its risk checks treated as internal. Its first alarm halted user withdrawals while the backend kept signing, according to a dev.to analysis.
Reality
NEAR Intents' SHIELD layer refused all but $166,000 of a $50 million-plus attempt by Bitget's hackers. That makes screening policy the clearest difference between NEAR and THORChain. Each protocol carries a different exposure because of it.
Perspective Coverage
4 publishersReality
Bitget CEO Gracy Chen asked Thorchain to refuse service to the hackers behind a theft the exchange now puts at $387.5 million. After the Bybit breach, Thorchain's validators reversed a trading halt within 30 minutes, so recovery plans have little reason to count on the protocol's help.
Reality