The same mistake: hackers stole $ 23 million from the wallets on blockchain startup Bancor

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2018-07-11 03:45:06

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The same mistake: hackers stole $ 23 million from the wallets on blockchain startup Bancor

In June hackers 31.5 million dollars in bitcoin from hot wallet at the exchange Bithumb. Stealing almost no effect on the market — a manual trading platform has frozen the accounts of traders and promised to pay compensation from its reserve Fund.

Now the hackers have used a vulnerability in the security of the blockchain startup Bancor and brought with him the wallets of 23 million dollars in ether, BNT and tokens Pundi X. writes About it .

How to protect your money from hackers

The First report of the hacking appeared in the official Twitter of the project. The developers said that the crooks stole 25 thousand esters in the amount of $ 12.5 million, $ 1 million to the BNT and $ 10 million in Pundi X.

In this Bancor said that hackers stole the company's funds, and money user safe.

During the investigation of the incident, we close the Bancor and freeze the user's account. We were able to block the transfer of approximately 2.5 million tokens BNT in the amount of 10 million dollars. However, it is impossible to freeze ETH or any other stolen tokens.Now we work with dozens of cryptocurrency exchanges, to trace the stolen funds and make it difficult for criminals to sell them.

The head of the communications division of the startup Nate Hindman added that the leadership of the company already managed to find and fix the vulnerability. Hackers compromised the wallet that was used to update the smart contracts.

Last year, the Bancor for a few minutes and gathered ICO $ 153 million for the development of a mechanism for immediate exchange of tokens of different standard ERC20 Ethereum-based smart contracts bypassing the exchanges. I hope some of the money will be returned.

the same mistake: hackers stole $ 23 million from the wallets on blockchain startup Bancor appeared first on Two Bitcoin.

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