Decentrlized cryptocurrency exchange known as 'Bancor' has stopped its operations on Monday, July 9. Investigation is being done on the Security Breach.
https://twitter.com/Bancor/status/1016274867384090624
- Bancor
The platform's page is being redirected to a maintenance message saying that it will return to normal service within 'Few Minutes' rather than hours.
According to the Latter, the malicious party exchanged some tokens through instant conversation service 'Changelly'.CEO Konstantin Gladych stated that afterwards the tokens were frozen by the Bancor Foundation and now helping to track the stolen funds. According to the sources,the stolen tokens included the Bancor's native tokens BNT which were frozen, and around 25,000 Ethereum (ETH) worth $12.2 million and 300,000 Pundi X (NPXS) worth $1,200, which are being tracked by Bancor with the help of other exchanges.