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Detail Analysis

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Date:

Status:

Count:

Contributor:

July 10, 2018

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Verified

2

zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

23,500,000

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Recovered Amount:

-

Currency:

Dollars, ETH, BNT, NPNX

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Ethereum

Protocol

Dexes

Poor Key Management

Extended Method:

Private key leak, hot wallet

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Bancor is the first decentralized trading protocol, empowering traders, liquidity providers & developers to participate in an open financial marketplace with no barriers to entry. No one needs permission to use the open-source Bancor Protocol. The Bancor platform theft was related to the BancorConverter contract, and the attacker (hacker/mole) is very likely to get the private key of the 0x009bb5e9fcf28e5e601b7d0e9e821da6365d0a9c.

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.