The Daily: Decentralized Exchanges – Hacked

[sirexlangnaman]

The Daily: Decentralized Exchanges – Hacked

Source: https://news.bitcoin.com/the-daily-decentralized-exchanges-new-and-hacked-and-some-lost-coins/
Posted:  July 10, 2018
By: Lubomir Tassev

View image on Twitter

On Monday, Bancor reported it had experienced a “security breach”. In a tweet, the company assured its customers that “No user wallets were compromised” and informed them that the platform is currently under maintenance.

Updating users on the situation, the exchange later said the details of the breach are still being investigated but released some of the findings. According to the tweeted statement, a wallet used to upgrade some smart contracts has been compromised and used to withdraw ethereum from the BNT (Bancor’s native token) smart contract. The stolen amount, 29,984 ETH, is worth approximately $12.5 million.

[btyco]

It's sad when decentralised exchanges get hacked as i prefer these than those big exchanges like binance and their ridiculous listing and trading fees. One day decentralised exchanges will take over the top spots