Cryptocurrency
Token Platform Bancor Goes Offline Following ‘Security Breach’ via @coindesk
As reported by Coindesk, “Token creation platform Bancor has gone offline following a ‘security breach’ that took place Monday morning. “Bancor posted on Twitter that it took its platform offline following the security incident, stating that ‘no user wallets were compromised.’ “‘To complete the investigation, we have moved to maintenance and will be releasing a more detailed […]
As reported by Coindesk, “Token creation platform Bancor has gone offline following a ‘security breach’ that took place Monday morning.
“Bancor posted on Twitter that it took its platform offline following the security incident, stating that ‘no user wallets were compromised.’
“‘To complete the investigation, we have moved to maintenance and will be releasing a more detailed report shortly. We look forward to being back online as soon as possible.’ A spokesperson for Bancor confirmed the incident when reached by email.
“The developments come more than a year after Bancor raised $153 million in an initial coin offering (ICO), representing the largest token sale of its kind at the time (a figure that was ultimately eclipsed by Telegram and, later, EOS). In addition to serving as a decentralized exchange, Bancor also allows for the creation of new cryptographic tokens.”