AsiaBusinessEconomyFeaturesFinanceGlobal IssuesMiddle EastWorld

Israeli Crypto Startup Bancor Loses $13.5 Million to Hacking

Bancor reported the incident in a tweet on Monday.

A digital coin valued at $23.5 million was stolen, with Bancor eventually retrieving $10 million worth of its own coin, BNT

  • Amarelle Wenkert
  • C Tech

On Monday, Israeli crypto coin trading platform Bancor announced in a tweet it had been the victim of a security breach which has resulted in the theft of $13.5 million in crypto coins, mostly Ethereum.

Ether 2bThe company said that no user wallets were compromised in the event.

Bancor ceased operations following the breach in order to investigate the incident, and the website is currently down for…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Agora Dialogue © 2023 - All Rights Reserved.
Disclaimer: The contents of our pages have been created with the utmost care. However, we cannot guarantee the contents’ accuracy, completeness or topicality. According to statutory provisions, Agora Dialogue is responsible only for its own content. Publication also does not mean endorsement. Articles reflect only the views of their authors and not those of Agora Dialogue.
Designed & Developed by

Back to top button