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Bancor

Ethereum
Last audited on 2023/09/27
No active critical issues

Last Issues (29)

Low
Medium
High
Critical
Total
Not fixed
62--8
Fixed
1731-21
Total2351029

Reported rekts

Bancor was reported as rekt on 2020/06/17
Click to show description
Quick Summary

Bancor smart contracts were compromised due to a security breach in a wallet used for upgrades, leading to a loss of approximately
24,984 ETH and other tokens worth around $23.5M.




Details of the Exploit

The attacker compromised a wallet used for upgrading smart contracts and withdrew 24,984 ETH (~$12.5M) from the BNT smart
contract. The same wallet was also used to steal 229,356,645 NPXS (~$1M) and 3,200,000 BNT (~$10M). The stolen funds were
transferred to multiple wallets before being deposited into the Huobi exchange.




Block Data Reference

The transactions related to the attack can be traced through the following links:

- Initial withdrawal of Bancor's ETH: [Transaction
Link](https://etherscan.io/tx/0xf9fe97d642705fa016c4f8d11ea13ce581ba75c57ac455586254e15d915e9bde)

- Additional ETH received by Phishing1701: [Transaction
Link](https://etherscan.io/tx/0xfdb8d337b4b96d186375355bc0231ad4ee04ab2556fb9628bbf382343cb2c833)

- Conversion of Bancor's ETH into Ether: [Transaction
Link](https://etherscan.io/tx/0x43a964e635f31b0cc329db6f980f09096054e4e3a627c85654852fd026b92ba0)

- Transfer of ETH to Phishing1702: [Transaction
Link](https://etherscan.io/tx/0x4a47e32d4e1f90457b65b73bff0770caa6810880ad50a2f03a62d8a525b62b9f)

- Transfer of ETH to Phishing1703: [Transaction
Link](https://etherscan.io/tx/0x2c281aa4ee30d4d0a5dcd77bb80bc66f13d027bb828f5e4b3be7ff8bd47999a2)

- Transfer of ETH to the hacker's wallet: [Transaction
Link](https://etherscan.io/tx/0x1890d018b54fc773ca153701f64b0668d278e15ee9f99abad11635d24ec0babe)

- Transfer of ETH to an external wallet: [Transaction
Link](https://etherscan.io/tx/0x492650541da5a2839e3314885fae541e68932a5410eb708f843a250e2863d57d)

- Deposit of ETH into the Huobi exchange: [Wallet
Address](https://etherscan.io/address/0xd294ac18b524ff59ab7fffcbd459f11128220550)
Bancor was reported as rekt on 2018/07/08
Click to show description
Quick Summary

Bancor smart contracts were compromised due to a security breach in a wallet used for upgrades, leading to a loss of approximately
24,984 ETH and other tokens worth around $23.5M.




Details of the Exploit

The attacker compromised a wallet used for upgrading smart contracts and withdrew 24,984 ETH (~$12.5M) from the BNT smart
contract. The same wallet was also used to steal 229,356,645 NPXS (~$1M) and 3,200,000 BNT (~$10M). The stolen funds were
transferred to multiple wallets before being deposited into the Huobi exchange.




Block Data Reference

The transactions related to the attack can be traced through the following links:

- Initial withdrawal of Bancor's ETH: [Transaction
Link](https://etherscan.io/tx/0xf9fe97d642705fa016c4f8d11ea13ce581ba75c57ac455586254e15d915e9bde)

- Additional ETH received by Phishing1701: [Transaction
Link](https://etherscan.io/tx/0xfdb8d337b4b96d186375355bc0231ad4ee04ab2556fb9628bbf382343cb2c833)

- Conversion of Bancor's ETH into Ether: [Transaction
Link](https://etherscan.io/tx/0x43a964e635f31b0cc329db6f980f09096054e4e3a627c85654852fd026b92ba0)

- Transfer of ETH to Phishing1702: [Transaction
Link](https://etherscan.io/tx/0x4a47e32d4e1f90457b65b73bff0770caa6810880ad50a2f03a62d8a525b62b9f)

- Transfer of ETH to Phishing1703: [Transaction
Link](https://etherscan.io/tx/0x2c281aa4ee30d4d0a5dcd77bb80bc66f13d027bb828f5e4b3be7ff8bd47999a2)

- Transfer of ETH to the hacker's wallet: [Transaction
Link](https://etherscan.io/tx/0x1890d018b54fc773ca153701f64b0668d278e15ee9f99abad11635d24ec0babe)

- Transfer of ETH to an external wallet: [Transaction
Link](https://etherscan.io/tx/0x492650541da5a2839e3314885fae541e68932a5410eb708f843a250e2863d57d)

- Deposit of ETH into the Huobi exchange: [Wallet
Address](https://etherscan.io/address/0xd294ac18b524ff59ab7fffcbd459f11128220550)

Audits (6)

#NameAuditorDateChainsIssues
1Bancor V3ChainSecurity2023/09/27
Off-Chain (Private)
No active critical issues
2Bancor CarbonChainSecurity2023/04/10
Off-Chain (Private)
No active critical issues
3Bancor Compounding Rewards ...OpenZeppelin2022/09/06
Off-Chain (Private)
No active critical issues
4Bancor LiquidityCertiK2020/10/09
Off-Chain (Private)
No active critical issues
5Bancor GovernenceCertiK2020/10/09
Off-Chain (Private)
No active critical issues
6Bancor V2 AMM Security AuditConsensys2020/05/31
Off-Chain (Private)
No active critical issues