News linked to both this project and an event.
According to a post by the Newton Foundation (@NewtonFndn), the attacker involved in the recent Binance breach appears to have made an operational error, directly transferring approximately 8 million NEWT tokens, along with 17 other tokens (ANIME, ANKR, ARPA, BARD, CELR, DENT, DOLO, FTT, GLM, HIGH, HOT, KNC, LQTY, RARE, RESOLV, SIGN, WOO) to the NEWT token contract address (0xd0ec028a3d21533fdd200838f39c85b03679285d). Valued at current prices, the total amounts to approximately $3.5 million. The foundation stated that the NEWT token contract itself was not compromised. Featuring an immutable design with no owner or administrator, all management rights were relinquished on-chain in 2025, and upgrade functionality has been permanently disabled. As a result, no one, including the foundation, can retrieve these tokens.
following the $292 million exploit of Kelp DAO's LayerZero bridge, the security of cross-chain infrastructure has once again come under scrutiny. DeFi protocols Kelp DAO, Solv Protocol, Re, and crypto exchange Kraken have all taken similar migration measures, with the total value of this outflow reaching approximately $4 billion.Decentralized finance protocol Lombard has become the latest project to join the migration wave, announcing a gradual phase-out of LayerZero and the migration of over $1 billion in Bitcoin collateral assets to Chainlink's Cross-Chain Interoperability Protocol (CCIP). Bitcoin-related tokens issued by Lombard include LBTC and BTC.b. It is reported that Lombard's initial migration assets cover the Solana, Etherlink, Berachain, Corn, and TAC chains, while the use of LayerZero on Morph and Swell will also be terminated. As of now, LayerZero has not responded to requests for comment. (CoinDesk)