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via Decrypt · By Decrypt Editorial
Whitehat Helps Recover $2M in ETH Stuck Since 2016 ICO
ETH
ETH/USDT
$1,934.24
+1.27%
$1,934.24
+1.27%
(24s)24h Volume
$12,161,578,099.69
24h H/L
$1,935.68 / $1,872.00
Change: $63.68 (3.40%)
Long/Short
60.5%
Long: 60.5%Short: 39.6%
Funding Rate
+0.0061%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(03:32 PM UTC)
1 min read
In brief
- 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…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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