Decentralized Crypto Exchange Bancor Reports ‘Security Breach,’ Remains Down

[Angkoolart10]

Decentralized cryptocurrency platform Bancor halted operations Monday, July 9, as it investigates what it calls a “security breach,” reportedly involving over $12 mln.

A Twitter post confirmed the breach and Bancor’s halted operations, which the platform says is specifically to allow investigative work prior to a full statement being released “shortly.”

“This morning (CEST) Bancor experienced a security breach. No user wallets were compromised,” the tweet reads, continuing:

“To complete the investigation, we have moved to maintenance and will be releasing a more detailed report shortly. We look forward to being back online as soon as possible.”

As of press time Monday, the platform’s homepage redirects to a maintenance message, with provision for a return to normal service within “minutes” rather than hours or longer

Source: https://cointelegraph.com/news/decentralized-crypto-exchange-bancor-reports-security-breach-remains-down-for-maintenance