Can A Cryptopia Exchange Got Hacked Simple Like that ?

Geenstijl

legendary

Activity: 1232

Merit: 1000

Quote from: Teamfearless on January 15, 2019, 01:29:18 PM

Do you Think Cryptopia Was hacked Or They are just Trying To Run Away with peoples money !!

As I know their cold wallets were hacked as well as hot ones. I can't imagine how does hacker could hack it without any insider job? I tend to believe to the second option.

Bittalk12

member

Activity: 434

Merit: 11

Another epic scam from a trash exchange where most airdrop tokens are listed right away and dump right away. What can we expect from this exchange like cryptopia? I believe that they are already transferred the funds of its users from their hardwallets and the transfer from binance was just a bluffed. Well, their world is getting smaller since the wallet address can be tracked and thanks to decentralization.

BitcoinHodler

hero member

Activity: 1456

Merit: 579

HODLing is an art, not just a word...

exchanges scam their users all the time specially when they are small and failing to make enough profit and cryptopia has been having some troubles making ends meet lately prior to the hack so it is not unheard of for them to actually pulling a scam and running away with a big amount of money and then coming back months later like nothing happened.

andor.gellenhidi

full member

Activity: 602

Merit: 100

I do not want to blame someone or say something offensive, but it seems to me that these guys artificially create the appearance of a similar situation. In fact, nothing bad could have happened, they just could have taken our money. This is just my opinion

SinisterBountyHunter

copper member

Activity: 92

Merit: 0

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We cannot believe it once they still have no proof that they got hacked. Because that may be their trick to stole our tokens that is in cryptopia exchange. But if they release valid reason on it, we may believe it.

Adriano2010

hero member

Activity: 1414

Merit: 516

I don't know what to say 100%, but as i know all exchanges, or almost all hold their coins on cold wallets and the coins are never on site, the site of exchange is just the interface where we see how much we have and where we make the trade, exchange. I can't explain how coins are stolen if exchanges use cold storage. I think is just a try to run away with coins.

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Quote from: libert19 on January 19, 2019, 09:41:15 PM

NZ police had published report about this hack, so don't think it is an inside job. But, you can never be too sure.

Yeah that is a really biased question and we can't really be sure about that. Though, the report to the police gives us the impression that they are really trying to fix this thing.
Other time if people really to keep their money safe, never ever trying to save your cryptocurrency on an exchanges site.

libert19

hero member

Activity: 2520

Merit: 952

NZ police had published report about this hack, so don't think it is an inside job. But, you can never be too sure.

shadowdio

sr. member

Activity: 1876

Merit: 289

Zawardo

I thought they had solid security, I'm so disappointed, until now still maintenance and looks like they will not recover back their cryptos because hackers is already transferring the cryptos in their wallet. Angry

patz22

full member

Activity: 1176

Merit: 104

It will have a massive loss on their end as well on traders. If course there are ni perfect system but they should at least made sure that all employees are trustworthy and they should always develop it as security is main concern for every centralized exchange.

Burogh

member

Activity: 644

Merit: 10

COVIR.IO

Cryptopia already involve police and i think cryptopia already make a transparant way to explain to their customer. I am believe cryptopia is decent exchanger and not run their customer coin. New Zealand Police already make investigation and i am believe cryptopia will run their bussiness again in near future

Huskarls

member

Activity: 364

Merit: 10

Quote from: 5ensei on January 15, 2019, 03:39:08 PM

They claimed to have reported the incident to the police so what would be great is if they published the police report to prove that it was indeed a hack and not an inside job with one employee disappearing with a shed load of ETH.

in my opinion even the police will find it difficult to track hackers because of the blockchain technology and this in my opinion is beyond their capacity so it will be difficult even though cryptopia has a lot of evidence of hacking by outsiders. So far, have we ever caught the exchange hackers who have been arrested?

pedpedped101

jr. member

Activity: 552

Merit: 1

With the news we have received, we are yet to conclude on whether they truly got hacked and that there is something else behind it.
Well, anything can happen, because to investigate a situation like this, might be a little difficult.
Then, if they truly were hacked, they will have to pay a compensation package to the account holders on their platform.

nikola22

full member

Activity: 1316

Merit: 105

Cryptopia didn't take steps to improve the security and got hacked. today exchanges must take serious actions to protect themselves.

brotherwood12

member

Activity: 686

Merit: 30

much exchange was hacked , and cryptopia till rightnow (19/01/19) still on maintenance , no news and everything , what we can do is waiting and get the news from it and get the conclusion if they hacked / run out the money

kliown

hero member

Activity: 1080

Merit: 500

I think this hack may have been specially organized as the market is still being pushed down. In any case, this is quite sad, as many have lost their money and this once again shows the vulnerability of the cryptocurrency.

jacafbiz

hero member

Activity: 2128

Merit: 530

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Hack attimes is funny, because some are caused inside job and some are caused by overlooking small vulnerabilities which hackers can exploit, I think it is a hack, looking that the hacker(s) move the funds directly to another exchange to sell speak is something, I don't think Cryptopia team would be that daft to make such costly error

valek.bruno

full member

Activity: 728

Merit: 104

Well, today we understand what is generally possible, and after they are hacked, we understand that there is an intent that cryptocurrency exchanges themselves can turn today, say that they have been hacked, and so on. You understand that all this is not just.

AgentZero23

member

Activity: 644

Merit: 10

Anything can happen in digital world even the constantinople update was not spared with bug in one of the five updates. Exchanges are high risk being targeted by hackers because of massive coins and tokens stored in a single hot wallet. Hackers are smart and they are developers too and they know how to comprised a system. That's why don't leave your coins or tokens in an exchange even if they claim they are safe. Stored your digital assets in offline wallet as they have the smallest chance of getting hacked.

travwill

sr. member

Activity: 1313

Merit: 278

Unfortunately you can hack everything related to electronics, it all depends on the level of knowledge and the level of technology hackers. Even cryptocurrency can be hacked with a sufficient technological level, which is now hardly available to anyone. However, we cannot know all the details.

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