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Hack history / 2018 / Hack or exploit

Bancor V3

Hack or exploit on Jul 9, 2018 · Hot Wallet Key Compromised

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$23.5M
dollars at the time
Returned
none listed
as the sources state it
Rank
#189
among thefts by dollars lost

What happened

Bancor decentralized exchange platform suffered a security breach on July 9, 2018 where attackers gained unauthorized access to the platform's wallet containing BNT tokens, ETH, and other ERC-20 tokens. The attacker drained approximately $23.5 million in assets. Bancor identified the breach, secured affected accounts, and announced recovery and user compensation measures.

Details

Date
Jul 9, 2018
Kind
Hack or exploit
Method
Hot Wallet Key Compromised
How in
Keys, accounts and infrastructure
Target
DeFi protocol
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "Bancor V3 hack, Jul 9, 2018: $23.5M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht55d8776bab/ (data as of 2026-10-31).
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