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Another Crypto(Currency) Fail: Hackers Steal $23.5 Million from Token Service Bancor

Posted on July 9, 2018 by Dissent

Jeff John Roberts reports:

A controversial cryptocurrency project known as Bancor—which last year raised $153 million to create a digital token exchange—hit another stumble: On Monday afternoon, the company announced hackers had raided one of its online wallets to the tune of $23.5 million.

News of the robbery came hours after Bancor disclosed it had suffered an unspecified security breach.

Read more on Fortune.

Category: Business SectorHack

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