Security News > 2018 > July > Cryptocurrency Exchange Developer Bancor Loses $23.5 Million
2018-07-11 13:03
A Wallet Used for Upgrading Smart Contracts Was CompromisedAttackers have stolen $23.5 million in cryptocurrency from Bancor, which is developing a decentralized exchange. The cause of the hack may have been a failure by Bancor to protect authentication keys that allowed for changes in its token smart contracts.
News URL
https://www.inforisktoday.com/cryptocurrency-exchange-developer-bancor-loses-235-million-a-11188