White-hat hacker unlocking trapped Ethereum from 2016 HongCoin ICO on a computer screen
Image generated by AI

Whitehat unlocks 1003 ETH from 2016 HongCoin ICO

Reported by AI Image generated by AI

A white-hat researcher known as 0xFlorent helped recover 1,003.62 ETH worth about $2 million from the HongCoin contract. The funds had remained trapped since the 2016 ICO failed to meet its goal.

The International Coffee Organization reported a 10% decline in average coffee prices for February amid an improving supply outlook. Forecasts of a record Brazilian crop contributed to the fall, though a blockade in the Strait of Hormuz introduces market uncertainty.

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