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$3.5M in tokens from Binance theft sent to unrecoverable NEWT contract

Market News
30 Oct 2026, 18:04 WIB
Tokenpost
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Bearish
$3.5M in tokens from Binance theft sent to unrecoverable NEWT contract

A suspected attacker from the Binance theft transferred tokens worth about $3.5 million to the NEWT contract on October 30. The transfer included eight million NEWT tokens and 17 other types, but the NEWT contract itself was not compromised. The contract has no owner or admin controls, with management privileges relinquished in 2025 and upgrades permanently disabled, making the tokens unrecoverable. Additionally, the suspect borrowed 19,762 Ether on Aave V3 after depositing 60 million Tether, indicating ongoing activity linked to the theft.

The suspected Binance theft attacker and related token movements provide context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 30, 2026 22:03 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell. Notable movers include CRV at Rp5.159 with a -14.05% change and 99% buy order activity, YFI at Rp33.094.313 down -11.98% with 100% buy orders, and BAL at Rp16.297 up +11.14%.

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