Bancor Hacked. After the previous Bancor hacking information, now the Bancor reports that 24,984 ETHs or worth approximately USD 12.5 million have been lost from the wallet. Not only that, about 229,356,645 NPXS totaling USD 1 million and 3,200,000 BNT worth USD 10 million also lost.
All of the lost digital assets are from the wallet used to withdraw the ETH from the BNT smart contract. The bancor party has posted the notice through its official twitter account.
Here is the latest update on the recent security breach: pic.twitter.com/JroypFvBri
- Bancor (@Bancor) July 9, 2018
In the preceding information, there has been one source explaining that there is a high probability that some 25,000 ETHs have been lost. The statement from the Bancor turned out to be true. Nevertheless, Bancor asserted that no wallet of users were affected. But only Bancor wallet that is specifically used to update the smart contract mentioned above who have lost a number of digital assets.
To reiterate, no user wallets have been compromised in the attack.
- Bancor (@Bancor) July 9, 2018
Until now, the Bancor party is still trying to identify the attackers and attempt to freeze the total BNT that has been stolen. The reason, it is done to minimize the widespread problem in the Bancor ecosystem.
The update of the Bancor protocol to allow freeze tokens has been built in order to cope with emergency situations as experienced today. Unfortunately, to be able to freeze the total assets of ETH is not possible.
However, the Bancor also tried to cooperate with so many crypto exchanges in order to track the stolen assets. At least, it can make it hard for an attacker to sell the asset and liquefy it.
Meanwhile, a number of tokens in the Bancor P2P ecosystem services market are suspended until the situation is completely resolved. Some tokens such as EOS, Tron, ICO, OmiseGo, Augur, Aelf, Qash, Status, and also Maker.
Interestingly enough of this event is, that the previous Bancor was full of confidence that its platform was entirely decentralized. But if you see from this event, it becomes quite doubtful. Elizabet Stark had time to reply through his comments about Bancor. Stark said, "Nope, not centralized at all," he sneered@BPI
