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

Cointelegraph June 1, 2026 · 2:21 am Read Original

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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.

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Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.

Source Cointelegraph

Published Jun 1, 2026 · 2:21 am

Article ID 7m0qq3c

Original URL Open source

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