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ETHUSD Remains Stable as Researcher Recovers $2M in Trapped Legacy ICO Funds

The Block Read original source (opens in a new tab)
The Story

News Summary

  • A security researcher successfully recovered 1,003 ETH, valued at $2 million, trapped in a 2016 HongCoin ICO contract.
  • By exploiting an integer overflow vulnerability in the legacy Solidity code, the researcher enabled the original investors to reclaim their funds without malicious intent or unauthorized asset drainage.
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ETHUSD price history

2503.04 +29.64% over the displayed period

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