NEAR Protocol Freezes $50M in Stolen Assets Following Bitget Breach

Key Facts

1NEAR Protocol successfully halted $50 million in stolen crypto assets linked to the Bitget security breach.

2The estimated total loss from the Bitget security breach has risen to $387.5 million.

NEAR Protocol successfully halted $50 million in stolen crypto assets linked to the Bitget security breach. Blockonomi reported that the estimated total loss from the incident has risen to $387.5 million, as the perpetrator attempted to distribute the funds across multiple blockchain networks.

The intervention by NEAR Protocol aimed to secure a portion of the funds during attempted transfers. In related broader context, economic data from September 22, 2026, showed Eurozone Consumer Confidence at -16.5, while the UK CBI Industrial Trends Orders reached -9 on the same day.