Question 1

How much was stolen in the Binance hack?

Accepted Answer

Binance confirmed about $6.3 billion, the largest crypto theft on record and roughly four times the 2025 Bybit hack, according to TRM Labs.

Question 2

Did Synthetix get the stolen SNX back?

Accepted Answer

Yes. Synthetix said its protocolDAO recovered the SNX, secured it in the protocolDAO Safe, notified Binance and will return it on request. Recovered tokens were valued at about $8.4 million.

Question 3

Why can't the stolen Ether and Bitcoin be frozen?

Accepted Answer

ETH, BTC and TRX have no central issuer and no blocklist, so no company can stop them from moving, unlike stablecoins such as USDT and USDC whose issuers can blacklist addresses.

NEWT

Synthetix recovers SNX, Newton tokens locked as Binance haul hits walls

One sharp brief.
Every day.

NEWT

Synthetix recovers SNX, Newton tokens locked as Binance haul hits walls

One sharp brief.Every day.

One sharp brief.
Every day.