48m ago
0xflorent Unlocks 1,003.62 ETH ($2M) Stuck in a 2016 Hongcoin ICO Contract
Security researcher 0xflorent recovered 1,003.62 ETH (around $2 million) that had been stuck in a failed 2016 Hongcoin (The HONG) ICO refund contract for nearly nine years. The fix relied on a whitehat use of an integer-overflow issue in an admin multisig function, which required 41 signed transactions to unblock 48 affected investors. As of June 1, 2026, 96.5 ETH has been claimed and roughly 882 ETH remained available for others to withdraw.
48m ago
1h ago
Kalshi traders price May payrolls above the 90,000 Dow Jones consensus ahead of Friday report
Kalshi traders are positioning for slower job growth in May than April, but they still lean toward a result above the 90,000-job Dow Jones consensus. On Monday, the market implied a 56% chance the nonfarm payrolls figure beats Wall Street expectations, with 49% odds for more than 100,000 jobs and 40% for more than 110,000. The Bureau of Labor Statistics report is due Friday ahead of the Fed's June 16-17 meeting under Chair Kevin Warsh.
1h ago
1h ago
CoinShares: Crypto funds see $1.67B outflows, third straight weekly withdrawal
CoinShares reported that institutional crypto products recorded $1.67 billion in net outflows over the past week, extending the streak to three consecutive weeks of withdrawals. Bitcoin accounted for $1.438 billion of the redemptions and Ethereum saw $257 million, while total assets under management slipped to $141 billion. Three-week cumulative outflows were listed at $4.21 billion, with US products contributing $1.63 billion of the latest week's exits.
BTC
BTC-2.61%
1h ago
2h ago
Strategy discloses 32 BTC sale as Bitcoin hovers near $70,000 support
Strategy (NASDAQ: MSTR) reported selling 32 Bitcoin between May 26 and May 31 for about $2.5 million, its first BTC sale since December 2022. The disclosure came as Bitcoin traded at $71,482 at press time, down nearly 3% over 24 hours and 8% on the week. Some commentators said the move may be routine treasury management to fund preferred stock dividends, while others questioned whether it could shape sentiment around future sales.
BTC
BTC-2.61%
2h ago