
White Hat Hacker Unlocks $2 Million in ETH Trapped for Nine Years in 2016 ICO Smart Contract
| JUAN MENDE | News
A pseudonymous white hat developer known as 0xflorent recovered roughly 1,003.62 ETH (about $2 million) locked in a 2016 HongCoin ICO contract.
The funds, belonging to 48 original investors, became trapped due to a bug in the refund mechanism after the project failed to meet its funding goal.
The recovery exploited an integer overflow flaw in an admin function, executed in coordination with the project team.
Investors can now clai…
Strategy Sells 32 Bitcoin for $2.5 Million in First Direct Liquidation Since 2022
First Liquidation Since 2022: Strategy Inc. offloaded 32 BTC for approximately $2.5 million, marking its first net sale of the asset since a tax-loss harvesting maneuver in late 2022.
Funding Dividends: The…
White Hat Hacker Unlocks $2 Million in ETH Trapped for Nine Years in 2016 ICO Smart Contract
A pseudonymous white hat developer known as 0xflorent recovered roughly 1,003.62 ETH (about $2 million) locked in a 2016 HongCoin ICO contract.
The funds, belonging to 48 original investors, became tr…
Bitcoin ETFs Record Longest Outflow Streak as $2.8 Billion Exits Funds Amid Cooling Demand
U.S. spot Bitcoin ETFs recorded nine straight days of outflows, the longest streak since their January 2024 launch, with $2.8 billion pulled amid shifting investor sentiment.
Bitcoin has underperforme…
May 29, 2026
Gemini Launches Grok-Powered AI Command Center for Personalized Crypto Market Insights
Gemini introduces Command Center, an AI-powered personalized market feed built with SpaceXAI and powered by Grok.
Feature surfaces real-time insights, signals, summaries, and predictions tailored to user preferences, integrated with prediction markets.
Move highlights Gemini’s AI expansion following agentic trading capabilities and regulatory progress with the CFTC.
Crypto exchange Gemini has rolled out a new AI-powered tool…
May 28, 2026
Bitcoin Falls Below $73,000 as BlackRock ETF Records Major Outflows
Bitcoin price dropped 3.6% in the past 24 hours to around $72,882, with Ethereum also declining.
BlackRock’s IBIT experienced its second-largest net outflows since debut.
U.S. spot bitcoin ETFs saw collective outflows, signaling shifting investor appetite.
The leading U.S. spot bitcoin ETF from BlackRock posted its second-largest single-day net outflows since inception as bitcoin prices fell below $73,000.
Bitcoin droppe…
May 28, 2026
MicroStrategy Retires $1.5 Billion in Convertible Notes at Discount, Preserving Bitcoin Treasury
MicroStrategy has retired $1.5 billion in aggregate principal of its 0% Convertible Senior Notes due 2029, executing the buyback at an 8% discount to par.The company utilized $1.38 billion from its dedicated USD cash reserve for the transactions, drawing the balance down to $871 million without liquidating any bitcoin.Parallel equity and preferred stock offerings generated enough capital to acquire an additional 24,869 BTC, pushing the total cor…
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Bitcoin Falls Below $75,000 Following Massive ETF Outflows and Heavy Liquidations
Bitcoin breached the critical support level of $75,000 overnight, hitting its lowest price point in nearly a month.
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