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via CryptoSlate · By CryptoSlate Editorial
Dormant Ethereum ICO unlocks 1,003 ETH as old contract bug becomes recovery path
ETH
ETH/USDT
$2,477.12
+0.91%
$2,477.12
+0.91%
(24s)24h Volume
$4,226,979,544.63
24h H/L
$2,485.34 / $2,444.47
Change: $40.87 (1.67%)
Long/Short
60.0%
Long: 60.0%Short: 40.0%
Funding Rate
+0.0025%
Longs pay
Data provided by COINOTAG DATALive data
CE
CryptoSlate Editorial(03:52 PM UTC)
1 min read
A white-hat researcher's recovery of 1,003.62 ETH from a failed 2016 Ethereum ICO has turned an old smart contract flaw into a reminder that Ethereum's earliest technical decisions can remain live for nearly a decade.
The researcher, known as 0xFlorent, said he unlocked the ETH from the HongCoin contract after the funds had been trapped for nine years. Using a June 1 Ethereum price of roughly…
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