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IBS Moscow • September 22-25, 2018

International Blockchain Summit Moscow – large event in Russia dedicated to all the aspects of blockchain implementation: learn about the…

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Tag: BNT

Bancor Criticized For its Ability to Freeze Funds, Not for Exchange Hack

Category: Altcoins, Blockchain, Crime, News

Bancor Criticized For its Ability to Freeze Funds, Not for Exchange Hack

Bancor, a decentralized crypto exchange that raised $153 million in June 2017, has lost $12.5 million in ether, the native cryptocurrency of Ethereum, in a recent security breach. However, the blockchain protocol and its developers were criticized not for the theft of their funds, but for their ability to freeze funds using a centrally controlled system. Start of Controversy: Freezing…

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