The start-up crypto exchange, Bancor, has confirmed a security breach resulting in the loss of $12.5 million worth of Ether and $1 million of Pundi X. Security breaches in cryptocurrency exchanges are not new and have been known to hit the exchanges without any warning signs. The company was able to freeze the funds for its own BNT cryptocurrency, saving them from a potential $10 million loss. The cryptocurrency market was not pleased with this development, which resulted in a 15% value loss for Pundy X and a 7.7% slump in Ether after just the first 24-hours.”]
Source: https://hackercombat.com/the-startup-crypto-exchange-lost-13-5-million-to-hackers/