Home Videos How was BANCOR Hacked? Programmer explains. (Easy) Videos How was BANCOR Hacked? Programmer explains. (Easy) By lala - November 29, 2019 32 38 Facebook Twitter Pinterest WhatsApp source RELATED ARTICLESMORE FROM AUTHOR Crypto Alt Coins Will Boom – In Spite of Bitcoin Dominance – Here Is Why! BITCOIN BEARISH $9K NEXT?! 😳 Credit Card Debt – ALL TIME HIGH The Global Flippening is Starting Now 38 COMMENTS This show exactly why the DAO hack is legitimate and the Ethereum community shouldn't fork at all. Thats my opinion atm, feel free to provide me with arguments on the both sides. Reply Hi Ivan .. would love to see a review by yourself on Gochain? Would you mind? .. pls Reply WHERE IS IVAN??? Reply great episode as always ! tnx Reply Nice work Ivan. Great content created every day. Good stuff good stuff! Well non biased explanations of real life crypto events. Reply Good Explanation dude Reply Where are you Ivan? Reply Ivan , where are you? Reply Aaannnddd smashed the lliikker Reply smashed the like Reply Bancor did not create W-Eth (wrapped eth). other projects like radar relay have been using it for a while. Reply Have a great vacation and thanks for sharing your knowledge Reply enjoy Reply Have fun in Estonia and I wish you a good time! Reply Rest up Ivan you deserve it!! Thanks for all the great content. Reply >trusting (((entrepreneurs))) Reply Israeli shit coin….. Mossad unit 8200….. Reply No Good Morning Crypto today? 😮 Reply I have been following Bancor from the start and know the founders … it is mind blowing that the project got so much funding and is still in top 100 … Bancor faild in so many ways :/ … Reply Guys – do you understand how ERC20 dapps work? How can makerDAO not mint if they are a stablecoin. All ERC20 dapps upgrade – would you write an app that can't be upgraded. The GOVERNANCE IS CENTRALIZED, the EXECUTION is DECENTRALIZED. Ether is designed so that the source contract manages transfers – any contract can freeze transfers. There is so much misinformation – please don't be an echochamber to bash a great innovation – focus on the first and only liquidity token that does not need a buyer or seller at other end of transaction. Yes, bancor screwed up (insider, poor key management, bug) but the design is awesome and you want to trust bancor for exchange, like you trust all the code you execute. Reply I am glad I received my npxs token airdrop onto bancor. That wallet on the bancor exchange for npxs is somehow available to receive these profit tokens. Considering that it was npxs and etherium which was stolen. I am going to take my inquiry regarding the contract to consider that it was a wallet were the hole for an attacker was found to exploit. Yeah I am eager to take your classes. I’m totally strung out on this since I wrote my own Blockchain. Reply Hey Ivan, here’s a Great topic to cover tomorrow 👍🏼 Trump signs the “Task Force on Market Integrity and Consumer Fraud.” Cryptoverse fraudsters going down!! Reply Smashed the everything Reply Have a good one!! you deserve it!! Reply "hack job" 🙂 Reply I never thought Bancor was decentralized because the goals of the project could never have been achieved in a decentralized way. Reply Yeah My credit card was clone and now charge me lot money in banco azteca here in Mexico. now tousands credit have been cloned in Mexico city. bad issue many people suffering that. even the earthquake in Mexico city many people was homeless. due to that earthquake. give them debit cards with money the goverment. for rebuilt ther houses. then show to the atm or bank money was gone due to the clone. Reply Yeah also bitso in Mexico was hack to no sirvice for several days Reply most of the true smart money left for third-generation projects or newer if I had to guess. For many truly-well connected in this space, I'm sure these revelations are old news. Just have to wait and see where the market goes next Reply Excellent explanation and discussion. Any way to freeze hackers account like they froze accounts on EOS? Or is the stolen Eth already sold? Reply Good stuff Ivan- I'm glad Bancor was able to freeze those tokens. Decentralization and security are not synonymous. Glad my funds are safe:) Reply Ivan can you do a video covering Pantos , native token is $PAN . This project sounds very interesting to me and has massive potential it can help bring the whole crypto community together. Some of the biggest names are involved. NEM BTC ETH WAVES LISK KMD. Check it out. Thanks for all your effort your videos are great very informative. Reply Crucial to know that the Bancor Token has the pause function. Bancor has no ability to pause any other tokens on their network or in general. The ability to pause tokens in the event of an emergency is also not unique to BNT. Other tokens with pause functions include: EOS, Tron, Icon, OmiseGo, Augur, Status, Aelf, Qash, and Maker. Reply Vacation ? Guys.. this proves it, Ivan said before he will do a show each day, he doesnt care what day it is, but now we get it, he was shilling because he isnt Decentralized enough to operate daily like clockwork, like a blockchain. So question is … Ivan decentralized enough , and also, pants ? Reply clickbait: bancor hack was not a hack, just someone with the private key withdrew tokens. I was expecting an overflow or a code bug. Reply hat s off Reply during the show you mentioned Murphy's Law (Everything that can go wrong will go wrong). You should also know about O'Toole's Corollary (which is "Murphy was an optimist") Reply smashing the likes Reply LEAVE A REPLY Cancel reply Please enter your comment! Please enter your name here You have entered an incorrect email address! 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