Whitehat Helps Recover $2M in ETH Stuck Since 2016 ICO

ETH

ETH/USDT

$2,332.57

+3.74%

$2,332.57

+3.74%

(24s)

24h Volume

$24,195,919,462.36

24h H/L

$2,360.00 / $2,221.54

Change: $138.46 (6.23%)

Long/Short

55.6%

Long: 55.6%Short: 44.4%

Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,318.74

▲ 2.93%

Volume (24h): -

Resistance Levels

Resistance 3$2,592.09

Resistance 2$2,396.86

Resistance 1$2,347.02

Price$2,318.74

Support 1$2,262.61

Support 2$2,208.50

Support 3$2,032.77

Pivot (PP):$2,164.15

Trend:Uptrend

RSI (14):84.2

Decrypt Editorial

(03:32 PM UTC)

1 min read

Approved byDavid Kim

A whitehat helped return $2 million worth of ETH frozen since HongCoin's 2016 ICO.
HongCoin’s team used the developer’s fix to unlock refunds that had been bloced because of a smart contract bug.
Such recoveries are rare but may unlock dormant value, Decrypt was told.

An Ethereum developer helped recover more than 1,000 ETH, worth about $2 million, from a failed 2016 crypto project…