Bancor has been hacked. 24,984 ETH (~$12.5M), 229,356,645 NPXS (~$1M) and 3,200,000 BNT (~$10M) have been stolen. Bancor was able to freeze the stolen BNT
These hacks, keep happening, security is definitely one of the biggest concerns surrounding crypto, hopefully clients will be made whole, organizations keep stepping up their security game and some of the tokens are recovered
Continuing to this, have you guys read about the Bancor Smart Contract audit report, there were many flags which made me decide not to participate during there ICO.
Now, Bancor says they are a decentralized exchange, however, they had the control to freeze stolen BNT (not decentralized at all).
Also, there contract have the capability that gives Bancor control to delete any amount of BNT from any address. Though they say the goodwill comes into picture and it is for security reasons but again this makes them completely centralized.
I personally will never be trusting Bancor Network for trading.