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Blockbeats
Tomorrow’s news rhymes on BlockBeats.
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The United States issues new Iran-related sanctions
BlockBeats news, on October 2, according to the U.S. Treasury Department website, the United States issued new Iran-related sanctions.
The announcement states that the U.S. has imposed the latest sanctions on Iran's railway and automotive enterprise groups, aiming to economically isolate Iran.
Castle Securities Stock Head: Retail Investors Expected to Return to US Stocks, October Brings a Window for Increasing Positions
BlockBeats news, on October 2, Scott Rubner, Head of Equity and Equity Derivatives Strategy at Castle Securities, stated that after a significant cooldown in September, retail investors are expected to flood back into the U.S. stock market this month. In a report to clients, Rubner wrote that although volatility may still occur in October, with the earnings season approaching and corporate stock buybacks about to resume, this month offers a better entry point for investors to "rebuild positions.
Drift Foundation launches DFX claims and redemption, receive 1 DFX for every 1 USDT lost
BlockBeats news, on October 2, Drift Foundation announced that DFX claims and redemptions are now live. Users who were verified to have losses in the April 1 incident can claim 1 DFX for every 1 USDT lost. Each DFX corresponds to a claim right in the Recovery Pool, which currently holds about 3.11 million USDT. The funds come from Velocity's daily portion of protocol net income, up to 127.5 million USDT in matching funds from Tether, up to 20 million USDT from strategic partners, and assets reco
⚠️⚠️⚠️ North Korean hackers again 😨
🚨 NEAR Intents suffered a hacker attack losing $3.86M, on-chain evidence points to North Korea's Lazarus Group
According to the official announcement and on-chain investigations by @zachxbt and PeckShield, the incident details are as follows:
1️⃣ Attack origin: The vulnerability stemmed from an interaction flaw between Omni's deposit and withdrawal infrastructure and the NEAR Intents smart contract.
2️⃣ Money laundering path: The attacker used a BSC hot wallet to transfer multiple funds out, then moved the stolen assets to KuCoin and cross-chain exchanged them to the BTC network.
3️⃣ Hacker identity: PeckShield's on-chain data shows the attacker address had direct interactions with an address marked as the North Korean hacker group Lazarus Group (0x098B7...E2f96).
4️⃣ Response and compensation: NEAR Intents quickly suspended services upon detecting the anomaly and completed the contract vulnerability fix in under 4 hours. The project team promises full compensation for the lost assets. Core services have gradually resumed, while deposit and withdrawal services on some public chains will be suspended for about 12 hours to complete overall infrastructure repairs.
The incident has been reported to authorities and multiple security agencies are conducting ongoing investigations.
NEAR Intents
Earlier today NEAR Intents services were stopped after a security incident was detected. The incident was caused by a bug in the Omni deposit and withdrawal infrastructure interaction with NEAR Intents smart contract.
The preliminary report indicates the total loss of approximately $3.8M. These funds will be compensated in full.
The contract-side vulnerability has been patched. The operations of the NEAR Intents and near(.)com are expected to resume within 1h.
Deposits and withdrawals on the following networks will remain unavailable for an additional ~12 hours while fixes to the Omni infrastructure are completed: BSC, Polygon, TON, Optimism, Avalanche, Stellar, Monad, LayerX, Adi, Scroll and Plasma.
In case users hold any assets from these chains inside NEAR Intents (for example, in HOT wallet or on near(.)com), they will be able to swap them into other assets once NEAR Intents is back up (in ~1h).
The incident has been reported to law enforcement, and we are working with security and blockchain analytics partners to trace the funds and pursue recovery. A detailed report will be shared publicly in the following days.
Arbitrum: September revenue exceeds $5 million, setting a new record
BlockBeats news, on October 2, Arbitrum released data showing that the network's total revenue in September exceeded 5 million USD, reaching 5.45 million USD, setting a record high.
The data shows that most of its revenue came from Orbit licensing fees, amounting to 4.75 million USD, which may be related to the booming Robinhood chain transactions that month.
Arkham: Robinhood holds about $24.96 billion in crypto assets across 12 chains
BlockBeats news, on October 1, according to Arkham's disclosure, it has tagged Robinhood's wallets on 12 blockchains, covering the Bitcoin network and Robinhood Chain, with related crypto assets totaling approximately $24.96 billion.
Among them, Robinhood holds 185,185 BTC, valued at about $15.59 billion; DOGE holdings are valued at about $2.88 billion.
NEAR Treasury company SVRN fell more than 20% intraday, LITE and COHR led gains in optical communication concept stocks
BlockBeats news, on October 1st, according to BIT(bit.com) market data, during the US stock trading session, NEAR treasury company SVRN dropped more than 20%, currently at $39.49.
In AI stocks, optical communication concept stocks rose strongly, with LITE and COHR increasing nearly 10%, AAOI up 5.79%, while neocloud concept stocks generally declined, among which SHAZ led the decline, currently down 7.7%.