Bancor Platform ‘Safe Breakdown’ is offline between $ 12 million – Bitcoints

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Published on July 10th, 2018 | by bitcoin

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Bancor Platform ‘Safe Breakdown’ is offline between $ 12 million

Bancor Platform ‘Safe Breakdown’ is offline between $ 12 millionIt was exploited to steal $12.5 million in ETH, $1 million worth of NPXS and $10 million worth of BNT.
— Bancor (@Bancor) July 9, 2018

Bancor is a decentralized liquidity network that provides users with a simple, low-cost way to buy and sell tokens.
— Bancor (@Bancor) July 9, 2018

The company is currently investigating the nature of the incident.
Here is the latest update on the recent security breach: pic.twitter.com/JroypFvBri
— Bancor (@Bancor) July 9, 2018

The company said:
“We were able to freeze the stolen BNT, limiting the damage to the Bancor ecosystem from the theft.
In January of this year, Bancor challenged users to find bugs and mistakes in its wallet security ahead of Bancor Wallet launch.

Source: Www.coinspeaker.com

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