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Monero Bancor Hacker Moves Funds
More than 25,000 eth stolen from ethereum based dapp Bancor has now moved from an address known to belong to… read more
Bancor (BNT)
$0.70917
+3.01%
What is Bancor?
The flexibility of these blockchains allows tokens to be locked in reserve and to issue smart tokens on the Bancor system, enabling anyone to instantly purchase or liquidate the smart token in exchange for any of its reserve tokens. The BNT is the first smart token on the Bancor system and it will hold a single reserve in Ether. Other smart tokens, by using BNT as one of their reserves, connect to the BNT network. The Bancor Protocol is a blockchain-based system for discovery and a liquidity mechanism supporting multiple smart contract platforms. The BNT establishes network dynamics where increased demand for any of the network s smart tokens increases demand for the common BNT, benefiting all other smart tokens holding it in reserve.
Bancor News
Bancor Launches Wallet for On-Chain Conversions Between ETH and EOS Tokens
Decentralized liquidity network Bancor has launched a wallet for on-chain conversions between Ethereum (ETH) and Eos (EOS) tokens, according to… read more
Bancor’s Cross-Chain DEX Between Ethereum and EOS is Now Live
Twitter Facebook LinkedIn Bancor, a popular decentralized exchange (DEX) protocol on the Ethereum blockchain announced in September that they’d build… read more
Bancor Begins Cross-Blockchain Token Trading Between Ethereum and EOS
Decentralized liquidity network Bancor announced it had completed its partnership with EOS to provide cross-blockchain token swaps in a press… read more
Bancor Bent on Cross-Chain Liquidity With Expansion to EOS Blockchain
In a bid to extend the reach of its services, Bancor is opening up shop on another blockchain. The decentralized… read more
Ethereum DApp Bancor is Building a Bridge to the EOS Network
Bancor, a decentralized cryptocurrency exchange (DEX) protocol and one of the most popular decentralized applications (dApps) on the Ethereum network,… read more
Ethereum Dapp Bancor Is Expanding to EOS for Fast, Free Transactions
Bancor, one of the most popular and valuable decentralized applications on ethereum, is expanding to the EOS blockchain. According to… read more
Bancor Says Only Smart Contract Breached, “Our Wallets Have Been Battle-Tested”
Although exchange hacks have become a common event inside the cryptocurrency community, the breach of Bancor sparked some of the… read more
Bancor Founder Discuss Hack, Says Crypto Community Need to Fight Thieves
The co-founder of the Bancor Network, which suffered a $13 million hack on July 9, has argued that the crypto… read more
This Week in Bitcoin: New Exchanges, Bancor Breach, Binance CEO vs Vitalik
In this week’s daily editions of Bitcoin in Brief we reported about a couple of new exchanges, a major security… read more
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