Bancor Discovers Critical Vulnerability, Hacks Itself to Prevent Theft

[Tanimariya]

The Bancor decentralized exchange has released a smart contract with a critical vulnerability, and is now hacking itself to save user funds from malicious actors.
The newest release of the Bancor decentralized exchange appears to be vulnerable to a very serious bug that can result in a significant loss of user funds.

According to the tweet posted by Bancor on June 18, the vulnerability affects the latest version of the BancorNetwork smart contract, which was launched on June 16.

Users who traded on Bancor and gave a withdrawal approval to its smart contract are urged to revoke it through a specialized website, approved.zone.
Read more: https://cointelegraph.com/news/bancor-discovers-critical-vulnerability-hacks-itself-to-prevent-theft