Token creation platform Bancor, hacked.
Bitcoin is not safe. Easy way to lose millions - let hackers get your bitcoin. 
Topic: Bancor hacked: The size of the impatience is millions of dollars (Read 128 times)
I do not know correctly if this bancor hit by hack, but if true it happens I think will be one big loss with a large amount and would certainly disrupt the transaction in bancor. I hope the market bancor can recover.
How hackers have access to ETH address? How could this even be they have taken appropriate security measures ??
Bancor will greatly affect the market. Hopefully the experts will find a way to fix this
Latest update
https://twitter.com/Bancor/status/1016420621666963457
They admitted around $12.5 million worth of ETH and $1 million worth of NPXS token were hacked and can't be recovered while they recovered $10 million worth of BNT token limiting the damage.
They haven't posted till now how they got hacked (how hacker got access to that ETH address), it will be interesting to know that.
https://twitter.com/Bancor/status/1016420621666963457
They admitted around $12.5 million worth of ETH and $1 million worth of NPXS token were hacked and can't be recovered while they recovered $10 million worth of BNT token limiting the damage.
They haven't posted till now how they got hacked (how hacker got access to that ETH address), it will be interesting to know that.
$12.5 million worth of ETH and $1 million worth of NPXS hacked tokens i dont think will affect the current crypto price
because Bancor was ranked 85th in 24 Hour Volume Ranking CMC and the volume was only about $ 7 Million
but they already lost 13% of their BNT token value based on CoinMarketcap
Latest update:
https://twitter.com/Bancor/status/1016456620241498112?s=19
To reiterate, no user wallets have been compromised in the attack.
https://twitter.com/Bancor/status/1016456620241498112?s=19
To reiterate, no user wallets have been compromised in the attack.
once again millions of dollars (in crypto) were lost by a hack. i can not believe that such pages are not safer. there is trading with such high values. they would have to have enough money to make the site halfway safe. unbelievable....
this is a really shame from Bancor. They raised a lot of millions in their ICO...
how this could be even possible did they take appropriate security measures?? I don't know what to say anymore... everyday a new hack is announced or a new threat is discovered.
how this could be even possible did they take appropriate security measures?? I don't know what to say anymore... everyday a new hack is announced or a new threat is discovered.
Latest update
https://twitter.com/Bancor/status/1016420621666963457
They admitted around $12.5 million worth of ETH and $1 million worth of NPXS token were hacked and can't be recovered while they recovered $10 million worth of BNT token limiting the damage.
They haven't posted till now how they got hacked (how hacker got access to that ETH address), it will be interesting to know that.
https://twitter.com/Bancor/status/1016420621666963457
They admitted around $12.5 million worth of ETH and $1 million worth of NPXS token were hacked and can't be recovered while they recovered $10 million worth of BNT token limiting the damage.
They haven't posted till now how they got hacked (how hacker got access to that ETH address), it will be interesting to know that.
Bancor hacked is going to change the cryptocurrency market and hope traders and exchanges will take more precuations measures in the coming days. This is huge amount of money to be taken over in a hacked on single day.
It's been determined where the problem is. hope that users will pay back their money
Bancor hacked is going to change the cryptocurrency market and hope traders and exchanges will take more precuations measures in the coming days. This is huge amount of money to be taken over in a hacked on single day.
Token creation platform Bancor, hacked. It was determined that the size of the impiety was $ 13.5 million. The platform has gone offline.
According to CoinDesk, the token-creation platform Bancor went offline after a security breach yesterday.
The platform was reported to have gone offline with Bancor after being attacked via its official Twitter account, and the user's wallets were exposed to security breaches.
A representative from Bancor said, "We are in maintenance mode to complete the investigation and will publish a more detailed report in the coming hours. We look forward to being online again as soon as possible. "
The developments a year later, when Bancor sold $ 153 million in ICO, where the biggest token sales were made. Bancor allows for the creation of new cryptographic tokens as well as serving as a decentralized exchange.
First, it was stated that the user's wallets were not affected by the attack.
An observer claimed that 25,000 ETH was stolen, worth about $ 12.5 million. Nate Hindman, one of Bancor's officials, said that the transfer of BNTs was blocked, but that was not done for the stolen Ether.
According to a recent statement by Bancor, 230 million NPXS worth $ 1 million, 3.2 million BNT worth $ 10 million and 25 thousand ETH worth $ 12.5 million were played. Transfers of BNTs were prevented and the damage was substantially reduced.
Hindman, "We have blocked the stolen BNT tokens, but it is not possible to freeze ETH or any other token that is stolen. But we are working with dozens of crypto-money exchanges to monitor stolen funds and make it harder for thieves to sell them, "he said.
According to Hindman, Bancor identified the cause of the attack and removed the vulnerability.
It is noted that Bancor is expected to be online again in 24 hours.
This incident also affected Bancor's BNT token's price. According to CoinMarketCap, BNT fell by 14 percent to 2.72 dollars.
According to CoinDesk, the token-creation platform Bancor went offline after a security breach yesterday.
The platform was reported to have gone offline with Bancor after being attacked via its official Twitter account, and the user's wallets were exposed to security breaches.
A representative from Bancor said, "We are in maintenance mode to complete the investigation and will publish a more detailed report in the coming hours. We look forward to being online again as soon as possible. "
The developments a year later, when Bancor sold $ 153 million in ICO, where the biggest token sales were made. Bancor allows for the creation of new cryptographic tokens as well as serving as a decentralized exchange.
First, it was stated that the user's wallets were not affected by the attack.
An observer claimed that 25,000 ETH was stolen, worth about $ 12.5 million. Nate Hindman, one of Bancor's officials, said that the transfer of BNTs was blocked, but that was not done for the stolen Ether.
According to a recent statement by Bancor, 230 million NPXS worth $ 1 million, 3.2 million BNT worth $ 10 million and 25 thousand ETH worth $ 12.5 million were played. Transfers of BNTs were prevented and the damage was substantially reduced.
Hindman, "We have blocked the stolen BNT tokens, but it is not possible to freeze ETH or any other token that is stolen. But we are working with dozens of crypto-money exchanges to monitor stolen funds and make it harder for thieves to sell them, "he said.
According to Hindman, Bancor identified the cause of the attack and removed the vulnerability.
It is noted that Bancor is expected to be online again in 24 hours.
This incident also affected Bancor's BNT token's price. According to CoinMarketCap, BNT fell by 14 percent to 2.72 dollars.
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