Topic: Cryptopia exchange hacked - page 11. (Read 4148 times)

Today, after terrible long silence, good news are coming from Cryptopia.
Check their twitter...

Who has the cryptopia bitcoin wallet addresses? I would like to do some blockchain digging.

Please sign the petition :
https://www.change.org/p/cryptopia-we-deserve-a-fair-appraisal-from-cryptopia

Check reddit:
https://www.reddit.com/r/Cryptopia/comments/au9hja/lets_start_fighting_for_our_money/

Telegram groups:
https://t.me/Cryptopiatraders
https://t.me/cryptopiausersclaimsuit

Cryptopias Twitter Channel (without real news but nice comments):
https://twitter.com/cryptopia_nz?lang=de&lang=de

give me cryptopia discord link pls

I don't know I have used Cryptopia since they started. Never an issue at all. Were better than most at the time. A step below Poloniex and Bittrex. Mainly they carried a good variety of coins that I mined. But I never held coins there that I did not plan on selling, which i did quickly. Only now because I was going out of town for a couple of months and would be away from my wallet, did I send up 80,000 coins just before I left town just in case there was a price increase. As it turns out the coin has doubled in value and is moving up. But of course this "Hack" happens just as i did that.  

So ya this really sucks.

If I hadn't done that I could care less what they do in the future. I just want my coins back in my wallet.

PS: and no it wasn't 80k BTC lol

I can confirm, I never had a good experience while using cryptopia. This is why I pulled all of my funds out of there a long time ago. I did not have a good feeling about their devs and operators and ability to keep things running smoothly and safe.

Might be right but there are part of your comment which I disagree.

First of all, even how reputable exchanges is, don't ever considered your coins as "safe" there. It's just that you are minimizing the risks.

And disagree with Cryptopia being a shitty exchange prior to hack. I don't know how you define "shitty" or maybe we have a different meaning to it. They are way better compare to other "average" exchanges in terms of volume. Im not a biased here just because I have a lost funds there but what will you do if you have hold coins and it was only listed on few exchanges including Cryptopia (other exchanges involved not even have a nice volume - dexes)? You will just let it sleep on your precious wallet and never it will traded? I already received a decent profit out from playing coins into Cryptopia even on a bearish market that dominates the whole 2018. That is not possible if volumes there is not that great.

Anyways I already considered my funds there as loss.  There is still no "bright" progress since the day it were hacked . Overall, that's not really a loss for me because I earned much throughout my career there. It's just that I value my time and effort so still not closing the doors that exchange will reopen again even at 0.05%.

All I know is they are doing a very poor, almost intentional job at not communicating to the public. They have all the user emails, maybe a nice letter of reassurance of what they are doing and when they plan to open for withdraws of OUR funds.  This just really seems suspicious now. 

Oh decentralized exchanges will have better liquidity and volume when people will start tu use it - but to more people come to decentralized exchanges it needs people understand disadventages of CEX (mostly in terms of security)



you aren't right cryptopia wasn't the top of exchange but there was and still is some much more "shady" exchanges which are still performing

Yeah, you're right, the reason why people afraid to store their crypto asset on exchange it is because on that scenario, unlike if the exchange is a reputable one. We can't assure that our funds are safety on exchanges.
Cryptopia is a shitty exchange before hacked has happened so that is expected an exit scam.

the sentence that always exists - not your keys. not your bitcoin - shows it over and over again. much too careful rather than losing.
but if this is really an inside job then it would be another huge setback for the crypto world.

HFS. I am glad I got my coins out of there a long time ago. This is horrible news and I hope they are able to recover the funds lost...


Alternate story: you could be right and this could be Cryptsy 2.0... follow the blockchain transactions for the wallets for Cryptopia and see where the coins went....

Someone is claiming that they answered in Discord about the reason they're not opening yet.
Since they haven't posted anything in the official Twitter or Facebook, we can't know for sure if this is official or just a PR statement from an employee.
In any case, what the following states makes absolute sense, so don't rush to freak out that they stole the money. I strongly believe Cryptopia is incompetent, but not evil.


^^^
I've filtered content from the above quote, visit the link for more information.

I think they took the money and ran with it. Only logical explanation for the way they are acting and handling the situation. The less said the less they will have to explain later on.

Someone at twitter cryptopia told that but i dont know if its true.

Really?! As far as i know, it was suppose to stop after the end of police investigation...
Not sure why they choose this kind of strategy but i guess that they can't do a lot at that point.

Radio silence is not a healthy way for them to go - although there were plently of faults, at least cryptsy opened up and communicated

read this:
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12203358

Slowly all users get angry about the way cryptopia handles that situation...

or read on twitter the answers to the 'latest' news from cryptopia...

https://twitter.com/Cryptopia_NZ/status/1096158617022201856

Its incredible how they treat their users as shit.

First Telegram Groups are forming against Cryptopia:

https://t.me/cryptopiausersclaimsuit

Is it true funds are still moving from Cryptopia?

I just want then to open up and let people withdraw what coins they can. I just want my shitcoins off of there  

For those who held BTC ETH and other high value coins, well that should be the focus for Cryptopia, how to make it right.

And yes we all have to keep some coins on exchanges for trading or selling etc, especially if the coin is only listed there  

this whole ordeal stinks of a scam job.....

and yes they could rebuild their reputation by making efforts to repay. I think customers would respect that and continue to do business with them.

Early on Poloniex was hacked and robbed, but they eventually paid it all back and continued on to get very strong. So it can be done.

well bitstamp was hacked, and they paid all back.
BitFinex was hacked and they paid all back.
Localbitcoins was hacked and they paid back.
The reasons why Bitfinex is not on the top now,
thats their Tether engagement, their hard kyc procedure(almost impossible for business-accounts)
their slow crypto payout , their slower fiat payout and the fact that other exchanges like binance are developped very well.
But they are still huge.

Even the doubtful btce was able to relaunch after they were closed-until they scammed all.

A good reputation of a once hacked exchange can be gained back.
But not by being silent about what was and what will be...

Sorry but 20Mio USD is not sooo much for a willingful team and a working exchange.

There are ways to pay back slowly through credit-tokens.
If there is only a will...and technical skill to prevent that from happening again, however it happened.
Well it was probably my cash too and I want to know details!

Everybody knows that its never 100% possible to prevent a hack-there is no total website security,
thats why there must be ways to limit the damage, in case it happens.
In the case of cryptopia it seems there were not such ways planned....

Just a safe cold wallet/hot wallet structure, and cryptopia would be able to pay back straight at least 80% of losses...