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Crypto
Ethereum 1,003 recovered after 10 years as Hongcoin ICO investor refunds resume
Ethereum 1,003 locked for years in a 2016 Hongcoin (HONG) initial coin offering smart contract has been recovered, allowing investor refunds to resume. Cointelegraph reported that an anonymous whitehat, 0xflorent, worked with developers to restore access to funds worth about $2 million at current prices. The funds belong to 48 ICO participants. On-chain records show some refunds have begun, though it was unclear if all investors had been repaid.
Crypto
Ethereum daily transactions hit record high but address poisoning fears grow
Ethereum’s daily transactions topped 3.62 million in late April, a record, but concerns are growing that much of the increase reflects the spread of address poisoning attacks rather than expanded real use. Falling fees have boosted on-chain access, with basic transfers at about $0.004 and complex swap costs down to $0.07. On-chain analysis put 2026 losses from address poisoning at $62 million, as tools circulate on Telegram and attack methods become more complex.
Crypto
Shiba Inu rises but futures money pulls out; net inflow plunges 865 percent
Shiba Inu (SHIB) rose slightly with a broader market rebound, but funds left the futures market, weakening short-term buying sentiment. Its futures net exposure fell 865 percent in 24 hours. SHIB gained 2.37 percent to $0.00000598 as total crypto market value edged up to $2.13 trillion. CoinGlass data showed outflows exceeding inflows, while $145.71 million in long positions were liquidated across the crypto market.