Bancor is a decentralised liquidity network. The breach was in relation to some of the funds which were apart of that liquidity network. Bancor is actually not a traditional exchange. Check out this video for more information - 
Bancor is a decentralised liquidity network. The breach was in relation to some of the funds which were apart of that liquidity network. Bancor is actually not a traditional exchange. Check out this video for more information -
RE: Decentralized Exchange Vs Centralized Exchange - Are They Future Of Exchanges ?