A white-hat researcher discovered an integer-overflow bug in the 2016 HongCoin ICO smart contract that had locked 1,003 ETH (around $2 million) for nine years. The bug prevented automatic refunds when the ICO failed to meet its funding goal. Working with the HongCoin team, the flaw was fixed without deploying new contracts, allowing investors to reclaim their locked ETH. As of May 31, about 907 ETH remained unclaimed, highlighting the importance of checking eligibility for refunds from legacy smart contracts vulnerable to old coding errors.
The US Department of Commerce has closed a loophole that allowed advanced AI chips from Nvidia and AMD to be exported to Chinese companies operating outside China, such as in Malaysia. This move strengthens US efforts to restrict China's access to cr...
Cango Inc. reported a net loss of $261.1 million in Q1 2026 due to Bitcoin price declines impacting asset values and mining equipment impairments. Revenue totaled $102 million, mainly from Bitcoin mining, but decreased 43% from the previous quarter a...
Meta, the parent company of Facebook and Instagram, has laid off more than 2,400 employees across its Menlo Park and Sunnyvale offices as part of a workforce reduction announced in April. The layoffs primarily affected software engineers working on A...
New Census Bureau data reveal a significant migration trend where Americans are leaving high-tax, Democratic-led blue states for lower-tax, Republican-led red states, especially in the South and Sun Belt. This shift is driven by the search for more a...
Michael Saylor, MicroStrategy's executive chairman, posted a cryptic message hinting at a new Bitcoin purchase after the company paused buying since May 18. MicroStrategy currently holds 843,738 BTC valued at about $62.24 billion but faces growing fi...
