Bancor hack: On Monday, the cryptocurrency world saw another hack. Crypto exchange Bancor — an Israel-Switzerland company — had $23.5 million worth of three different cryptocurrencies stolen.
Its services include a wallet with a built-in exchange service and according to Bancor, no wallets were compromised but “a wallet used to upgrade some smart contracts was.”
The breakdown of the Bancor hack looks like this: $12.5 million in Ether, $1 million in Pundi X’s NPXS token, and $10 million in Bancor’s BNT, were stolen.
The exchange has managed to mitigate the damages by …
Read The Full Article On CryptoCurrencyNews.com
Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.
Powered by WPeMatico
Leave a Reply