White Hat Developer Successfully Recovers Ethereum Frozen for Nine Years, Valued at Approximately 300 Million Yen

2026/06/02 23:06
CoinPost
Written by A.Yamada
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White Hat Developer Successfully Recovers Ethereum Frozen for Nine Years, Valued at Approximately 300 Million Yen

Recovery from 2016 ICO Contract

On May 31, Mr. 0xflorent, a white hat developer, reported the successful recovery of 1,003.62 ETH, valued at approximately 300 million yen, which had been frozen since 2016. This Ethereum was collected during the ICO of 'HongCoin,' a project aimed at establishing a decentralized venture capital. The fundraising goal...

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Iolite Vol.20

Iolite Vol.20

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MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.