Platform for creating tokens Bancor closed for maintenance after the hacking, in which it lost about $13.5 million in the cryptocurrency. The company said that “the wallets were not compromised”.
The command platform was able to block the transfer of approximately 2.5 million tokens BNT ($10 million), said the head of the communications Bancor Nate Hindman (Hindman, Nate). However, this has not been done for approximately 25 thousand ETH (about $12.5 million) and nearly 230 million tokens NPXS (approximately $1 million).
“We were able to freeze stolen BNT, limiting damage to ecosystems Bancor from hacking. The ability to freeze a token was built into the Protocol Bancor for use in extreme situations to recover from security breaches. This enabled Bancor to effectively prevent the thief to escape with the stolen tokens,” said Nate Hindman.
He added that it is possible to freeze the ETH and other tokens that the team were not, but the company is working with “dozens of cryptocurrency exchanges” to track the stolen funds and make it difficult for the thief of money.
According to Hindman, Bancor has already identified the culprit and fixed the vulnerability.
“We expect that the Bancor will be back online within the next 24 hours. We will continue to post updates as necessary on our channel Telegram and Twitter,” said he.
Recall that in 2017 Bancor raised $153 million investment via the ICO, which is among the five largest by the end of the year.