Coin Bureau
Coin Bureau|6月 01, 2026 03:01
🚨THIS WHITE HAT HACKER JUST RESCUED $2 MILLION OF ETH TRAPPED SINCE 2016 ICO Back in 2016, a bug in an ICO contract left 1,003 ETH permanently locked under an ethereum smart contract that was supposed to automatically refund investors if the funding target wasn't reached. Nearly a decade later, security researcher Florent discovered a way to revive the refund mechanism. After analyzing the contract, Florent identified an exploit in the admin function that would reset the holder's balance to 1, satisfying the contract's refund conditions and finally releasing the locked ETH. Florent contacted the ICO team, reproduced the recovery process in a forked environment, and verified that the funds could be safely unlocked. After the team approved and signed the transaction, the white-hat exploit successfully unlocked the entire 1,003 ETH stash, now worth roughly $2 The breakthrough now allows the 50 original investors to finally recover funds that have been inaccessible since the ICO boom of 2016.(Coin Bureau)
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