Bitquery

NEAR Intents

2026-10-02 07:36:31

NEAR Intents loses about 3.865 million USDT as team says attacker identified and given 48 hours to return funds

NEAR Intents, a cross-chain trading system built in the NEAR ecosystem, suffered another security incident after roughly 3.865 million USDT was drained from a BNB Chain vault address used by the protocol. The team said the issue came from a vulnerability in the interaction between its Omni deposit-and-withdrawal infrastructure and NEAR Intents smart contracts. Services were paused after the anomaly was detected, and the contract-side flaw was patched in about an hour, according to the team, which also said affected users will be fully reimbursed. Blockchain analytics firm Bitquery said the attacker moved the funds in five transactions between the evening of Sept. 30 and Oct. 1 over roughly six hours. The stolen assets were then swapped into BNB and split across dozens of new addresses. By the afternoon of Oct. 1, Bitquery said it had traced about 99% of the funds: around 76% had been converted into 34.69 BTC across four Bitcoin addresses, about $802,000 had flowed into KuCoin-linked addresses, and roughly $90,000 had been turned into Monero-related assets. On Oct. 2, NEAR Intents general manager Alex Shevchenko said the team had identified the attacker and opened a 48-hour "responsible disclosure" window for repayment.

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Bitquery

2026-10-02 04:41:49

Bitquery links Tradewiz hack address to wallet with 27 prior bot trades

Blockchain analytics firm Bitquery said the recipient address tied to the roughly $459,000 theft involving Tradewiz can be linked to a wallet that had previously completed 27 transactions through the trading bot. Its investigation said 20,933 wallets were affected, with losses spanning SOL, tokens, and deposits recovered after token accounts were closed, based on a SOL price of $120. Bitquery also found that Tradewiz trading activity stopped 41 minutes after the main fund transfers began, and about 73% of the SOL moved in that round was transferred out after trading had already halted. Tradewiz said the incident involved a private key leak tied to its SOL PVP export function and pledged to compensate users. In a later update, it said the first batch of refunds had been issued and that claims would require verification. The platform also suspended EVM services for security checks and said police were helping trace the assets while exchanges had been contacted for identity and account verification information. Bitquery added that some early funds were traced from MEXC withdrawals and later moved to a Kucoin deposit address, while noting that those links do not indicate either exchange took part in the theft.

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Compound

2026-09-29 11:05:00

Compound Foundation’s COMP Purchase Faces Scrutiny as Governance Fight Deepens

A post published on Compound’s governance forum on Sept. 28 accused the Compound Foundation of swapping 8.42 million DAI from DAO-controlled v2 reserves into COMP, then delegating the voting power to its own address 58 minutes before a key proposal snapshot. The post, written by ugurmersin, argued that the move helped push through the $52 million V4 plan and a transfer of treasury management authority. On-chain records cited in the report, and an independent review by Bitquery, confirmed the core asset path described in the allegations. The Foundation later acknowledged the transactions but said the purchases fell within the scope of prior authorization to maintain a COMP reserve for governance execution. It also said the assets still belonged to the DAO and were not used for Foundation operating expenses. The dispute became more complicated after Bitquery highlighted that ugurmersin had publicly said Humpy was delegating votes to him. Humpy has been tied to several previous governance battles in DeFi, including Balancer, SushiSwap, and Compound. Records reviewed by Bitquery also showed a cluster of wallets linked to Humpy had recently amassed substantial voting power, passed Proposal 608 backed by ugurmersin, and then blocked Proposal 609. That broader context has turned the controversy from a narrow treasury-use complaint into part of a longer struggle over control of Compound governance.

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Fetch.ai

2026-09-21 13:23:38

Fetch.ai, NuNet, and SingularityNET hit in triple exploit with about $2.25 million realized

A single attacker exploited Fetch.ai, NuNet, and SingularityNET over the weekend, realizing about $2.25 million in profit, according to a Protos report citing Bitquery. The incidents involved 8.7 million FET drained from Fetch.ai’s bridge and large-scale unauthorized minting across NTX, AGIX, WMTx, and CGV. Bitquery said the nominal value of the minted tokens was several times higher at the time of the theft, while blockchain security firm PeckShield estimated the exploiter’s unrealized gains at nearly $17 million when it flagged the third incident. PeckShield said the attacker was holding roughly $16.77 million in crypto at that point, including 198.3 million AGIX worth $14.42 million and 649 ETH worth about $1.67 million. Bitquery also reported a preliminary sweep of ETH and BNB from 16 wallets, four of which it had previously labeled as SingularityNET or NuNet staff wallets, and said $289,575 in USDC was later drained from a payroll contract. The report warned that most signing keys had not yet been changed.

410

Robinhood Cha

2026-09-20 03:03:41

Robinhood Chain booked $4.5 million in daily fees while paying Ethereum just $398

A report from South Korean media outlet Digital Asset compared Robinhood Chain’s recent growth with the economic value captured by Ethereum, pointing to a wide gap between fee generation on the Layer 2 network and the amount ultimately paid back to Ethereum. Citing data from Bitquery, the report said Robinhood Chain collected about $4.5 million in transaction fees on Sept. 3, while its data publishing and proof costs paid to Ethereum were only $398. The analysis argues that rising Layer 2 activity does not necessarily translate into proportional revenue for Ethereum itself. Instead, a large share of fee income appears to remain within the Layer 2 ecosystem. The item was attributed to @WuBlockchain in the Techub News brief.

310

Bitquery

2026-09-14 12:32:50

Bitquery finds nearly 75% of buyers lost money in 43.3 million meme-stock token trades

A 31-day review by Bitquery Research shows how fast the market for meme coins paired with tokenized stocks is taking shape across Solana, Robinhood Chain, and BNB Chain. The dataset covers 43.3 million trades, 148,000 tokens, and five launchpads, including Pump.fun, Pons, Raydium LaunchLab, Flap, and Four.meme. The headline figure is harsh: nearly three-quarters of buyers ended up losing money, with aggregate net losses around $287 million. The report says the only consistently profitable entry window came in the first 10 seconds after a token’s first trade, where returns reached +18.4%. After that, outcomes deteriorated steadily. Nearly 500,000 wallets bought at least one token and never sold, accounting for about $302 million in losses on their own. On the other side, wallets that sold without ever buying — often linked to creator allocations, team distributions, or airdrops — extracted about $268 million, with gains heavily concentrated among a small group of addresses. Bitquery also argues that the stock side of most of these trades barely mattered over the typical six-minute holding period. Even so, meme-coin settlement now makes up two-fifths of onchain trading volume in tokenized stocks across the 403 stock tokens it tracked. The study was written by Bitquery Research and translated by TechFlow.

970

Bitquery

2026-08-01 15:29:59

Bitquery co-founder accused of misappropriating more than $5 million and deleting expense records before exit

Bitquery Inc. co-founder Dionysios "Dean" Karakitsos has been accused of diverting more than $5 million from the company into his personal accounts over a period of years, according to a report by the New York Post. The lawsuit, filed in Manhattan Supreme Court, alleges that Karakitsos deleted 194 expense records before abruptly leaving the company. Karakitsos, 57, was a co-founder of Bitquery and served as its CEO, director, and treasurer through 2025, the report said. Bitquery, which tracks cryptocurrency values and fund flows, filed suit in June seeking the return of at least $5 million it says was taken. The company is also seeking additional damages to cover legal costs. The report added that Karakitsos later operated a prediction market platform called Assymetrix.

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