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Synthetix claws back SNX as Binance hacker locks $3.5M in Newton contract by mistake

Published Source: CryptoPolitanRead original

Crypto Insight Summary: Synthetix has recovered the SNX stolen in Binance’s $6.3 billion hack, while the attacker accidentally locked about 8 million Newton tokens in a dead contract. They are two of at least nine moves against the haul. At least nine moves against one haul Binance confirmed that about $6.3 billion was stolen in what is now... Crypto Insight Analysis: Direction: Bullish SNX / Bullish NEWTON Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: SNX recovery and reduced NEWTON liquid supply support both tokens, but the event has limited broader market reach.

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Synthetix claws back SNX as Binance hacker locks $3.5M in Newton contract by mistake — Crypto Insight