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.
A Paris court sentenced a former Holograph Foundation employee to five years in prison, with two years to serve and three years suspended, for illegally creating 1 billion HLG tokens worth about $14 million in 2024. The defendant exploited his former...
Bitcoin fell nearly 6% from above $80,000 to around $76,000 amid weak chip company results and concerns over tighter data-center regulations by a Democratic-controlled Congress. Investors also pulled about $430 million from U.S. spot Bitcoin ETFs, si...
Morgan Stanley highlighted that Bitcoin is increasingly becoming a part of investment portfolios, recognizing its role as a digital equivalent to gold. The bank noted a growing demand for Bitcoin among investors, signaling its acceptance as a valuabl...
David Schwartz, former CTO of Ripple and an original architect of XRP Ledger, addressed accusations that he is responsible for XRP's price decline. He admitted his influence on XRP's price is minimal but not zero, amidst a year-long 50% drop in XRP's...
Solana Company, a Nasdaq-listed digital asset treasury firm, is expanding its Hong Kong business, which currently has fewer than 10 employees, to capitalize on growing tokenization demand. The company has made Hong Kong its Asia-Pacific headquarters ...
