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Project Overview
Newton is a chain unification network jointly launched by Magic Labs and Polygon Labs, with a single wallet and balance across the chain. Newton is designed to boost interoperability across Polygon’s AggLayer, which connects layer-1 and layer-2 chains with shared liquidity. The network includes a wallet that lets users store and transfer various digital assets across various blockchain platforms with “simplified” cross-chain swaps.
Newton Foundation: Binance attacker mistakenly transferred tokens worth approximately $3.5 million into the NEWT contract, now permanently locked.
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.
Binance Hacker Accidentally Transfers 8 Million NEWT and 17 Other Tokens to Token Contract, Permanently Locking ~$3.5 Million in Assets
According to Odaily, the Newton Foundation stated that the attacker in the Binance hacking incident appears to have made an operational error today by transferring approximately 8 million NEWT and 17 other tokens directly to the NEWT token contract address. The total value of the involved assets is approximately $3.5 million at current prices.The Newton Foundation stated that the NEWT token contract itself was not compromised. Because the contract uses an immutable design, all admin permissions were renounced in 2025, and upgrade functionality was permanently disabled, no one (including the Foundation) can retrieve the tokens mistakenly transferred to the contract. These assets are now permanently locked, and the attacker can no longer control or sell them. The Foundation has shared the investigation results with Binance and will continue to provide assistance.
Tom Lee: Market Currently Overly Pessimistic, Tech Stocks Hitting Support Levels
Fundstrat co-founder and Bitmine chairman Thomas Lee (@fundstrat) posted that "everyone is being too pessimistic right now." He previously noted after speaking with technical analyst Mark Newton on CNBC's Closing Bell that tech stocks appear to be essentially hitting support levels.
Newton Foundation: Binance attacker mistakenly transferred tokens worth approximately $3.5 million into the NEWT contract, now permanently locked.
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.
Binance Hacker Accidentally Transfers 8 Million NEWT and 17 Other Tokens to Token Contract, Permanently Locking ~$3.5 Million in Assets
According to Odaily, the Newton Foundation stated that the attacker in the Binance hacking incident appears to have made an operational error today by transferring approximately 8 million NEWT and 17 other tokens directly to the NEWT token contract address. The total value of the involved assets is approximately $3.5 million at current prices.The Newton Foundation stated that the NEWT token contract itself was not compromised. Because the contract uses an immutable design, all admin permissions were renounced in 2025, and upgrade functionality was permanently disabled, no one (including the Foundation) can retrieve the tokens mistakenly transferred to the contract. These assets are now permanently locked, and the attacker can no longer control or sell them. The Foundation has shared the investigation results with Binance and will continue to provide assistance.
Newton Foundation: Binance attacker mistakenly transferred tokens worth approximately $3.5 million into the NEWT contract, now permanently locked.
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.
Binance Hacker Accidentally Transfers 8 Million NEWT and 17 Other Tokens to Token Contract, Permanently Locking ~$3.5 Million in Assets
According to Odaily, the Newton Foundation stated that the attacker in the Binance hacking incident appears to have made an operational error today by transferring approximately 8 million NEWT and 17 other tokens directly to the NEWT token contract address. The total value of the involved assets is approximately $3.5 million at current prices.The Newton Foundation stated that the NEWT token contract itself was not compromised. Because the contract uses an immutable design, all admin permissions were renounced in 2025, and upgrade functionality was permanently disabled, no one (including the Foundation) can retrieve the tokens mistakenly transferred to the contract. These assets are now permanently locked, and the attacker can no longer control or sell them. The Foundation has shared the investigation results with Binance and will continue to provide assistance.
Related news
Newton Foundation: Binance attacker mistakenly transferred tokens worth approximately $3.5 million into the NEWT contract, now permanently locked.
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.
Binance Hacker Accidentally Transfers 8 Million NEWT and 17 Other Tokens to Token Contract, Permanently Locking ~$3.5 Million in Assets
According to Odaily, the Newton Foundation stated that the attacker in the Binance hacking incident appears to have made an operational error today by transferring approximately 8 million NEWT and 17 other tokens directly to the NEWT token contract address. The total value of the involved assets is approximately $3.5 million at current prices.The Newton Foundation stated that the NEWT token contract itself was not compromised. Because the contract uses an immutable design, all admin permissions were renounced in 2025, and upgrade functionality was permanently disabled, no one (including the Foundation) can retrieve the tokens mistakenly transferred to the contract. These assets are now permanently locked, and the attacker can no longer control or sell them. The Foundation has shared the investigation results with Binance and will continue to provide assistance.
Tom Lee: Market Currently Overly Pessimistic, Tech Stocks Hitting Support Levels
Fundstrat co-founder and Bitmine chairman Thomas Lee (@fundstrat) posted that "everyone is being too pessimistic right now." He previously noted after speaking with technical analyst Mark Newton on CNBC's Closing Bell that tech stocks appear to be essentially hitting support levels.
Tom Lee: Crypto, Chip Stocks, and AI Cloud Companies Have Pulled Back to Support Levels; If Fundamentals Remain Unchanged, They Resemble a "Compressed Spring"
According to Coin Bureau (@coinbureau), Fundstrat co-founder Tom Lee stated that cryptocurrency, chip stocks, and AI cloud computing companies have all "dropped to support levels," and if fundamentals remain solid, these sectors are like "compressed springs." His strategist Mark Newton believes the market may bottom out on Friday (Oct. 17) or next Monday. Lee noted that with fundamentals unchanged and market sentiment turning panicked, it is "actually a fairly good risk-reward opportunity."
Korean stock market enters a technical bull market, memory chip stocks begin outperforming the broader tech sector for the first time since June
Odaily News: The Korean stock market surged on Thursday, with the KOSPI index rising over 4% in early trading, cumulatively rebounding about 23% from its July 30 low and entering a technical bull market. Heavyweight stocks Samsung Electronics and SK Hynix led the gains, rising over 4% and 7%, respectively. As the latest earnings reports from global tech giants show that AI capital expenditure remains at elevated levels, risk appetite for tech hardware and memory chip stocks has improved.Mark Newton, Head of Technical Strategy at Fundstrat Global Advisors, stated that memory chip stocks have begun outperforming the broader tech sector for the first time since June, and the simultaneous rebound in Korean stocks and memory chip stocks is driving capital flows back into the tech sector. However, he also noted that if U.S. Treasury yields and the dollar resume their upward trends, this rally could lose momentum later this month. (CNBC)