$3.5 Million in Tokens Permanently Locked After Binance Hacker Sends Funds to NEWT Contract
The Newton Foundation said a wallet tied to the Binance hacker appears to have mistakenly sent roughly 8 million NEWT, along with 17 other tokens including ANIME, ANKR, ARPA, BARD, CELR, DENT, DOLO, FTT, GLM, HIGH, HOT, KNC, LQTY, RARE, RESOLV, SIGN and WOO, directly to the NEWT token contract address. Based on current prices, the assets are worth about $3.5 million. According to the foundation, the NEWT token contract itself was not compromised. It said the contract was built as an immutable contract with no owner or administrator, that management rights were renounced on-chain in 2025, and that upgrade functionality has been permanently disabled. As a result, no one can recover tokens sent to the contract. The foundation added that the transferred assets are now permanently locked. It said the attacker can neither control those tokens nor sell them back into the market. Newton Foundation also said it has informed Binance of the situation.
