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Bancor V3

Jul 9, 2018

$23.5M
Lost
$23.5M
Recovered
$0
Net loss
$23.5M
Unrecovered0% recovered

Bancor decentralized exchange platform suffered a security breach on July 9, 2018 where attackers gained unauthorized access to the platform's wallet containing BNT tokens, ETH, and other ERC-20 tokens. 5 million in assets.

Bancor identified the breach, secured affected accounts, and announced recovery and user compensation measures.

Target
DeFi
Classification
Key Compromise
Technique
Hot Wallet Key Compromised
Attribution
Unknown
Chains
Ethereum

Event timeline

  1. Jul 9, 2018
    Exploit executed — $23.5M drained via hot wallet key compromised
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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