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White hat hacker recovers $2M from faulty 2016 ICO smart contract

A white-hat hacker has helped the creators of Hong Coin by showing them how to exploit a flawed admin function on a smart contract and ultimately refund investors after a decade.

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

White hat hacker recovers $2M from faulty 2016 ICO smart contract

A white-hat hacker has helped the creators of Hong Coin by showing them how to exploit a flawed admin function on a smart contract and ultimately refund investors after a decade.

Why this matters

This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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