Security· ★★★· neutral·

Synthetix recovers 8.4 million SNX stolen in Binance hack

  • —Synthetix recovered 8.4 million SNX tied to the Binance hack
  • —Tokens are held in the protocol's Safe pending a Binance request
  • —Return will follow an official request from the exchange
Why it matters: The recovery shows DeFi teams helping contain losses from the largest exchange hack on record.
Source: The Defiant