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Topic: Cryptopia exchange hacked - page 11. (Read 4128 times)

hero member
Activity: 798
Merit: 531
Crypto is King.
February 26, 2019, 06:20:57 PM
Who has the cryptopia bitcoin wallet addresses? I would like to do some blockchain digging.
jr. member
Activity: 88
Merit: 2
compound-coin
February 26, 2019, 03:59:37 AM
give me cryptopia discord link pls
legendary
Activity: 2198
Merit: 1000
February 25, 2019, 05:46:28 PM
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.  Roll Eyes

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
hero member
Activity: 798
Merit: 531
Crypto is King.
February 25, 2019, 03:50:37 PM
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.  Angry
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.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
February 25, 2019, 03:34:22 PM

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.


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%.
legendary
Activity: 2198
Merit: 1000
February 25, 2019, 02:25:01 PM
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.  Angry
hero member
Activity: 1246
Merit: 708
February 25, 2019, 11:38:05 AM
Yes the future is decentralized.
But in fact no other exchange with volume had provided that huge range of altcoins.
An no decentralized one too...so this was not yet an alternative.
Again, not the users are to blame.
Cryptopia lost the funds they kept for their users. And they dont even talk to the victims.
They have the responsability.
We all know, they wont be able to refund all and now.
But I kept funds there that were probably not stolen.
And I want to know whats with my money.
Cryptopia is responsible for information at least, and they fail again.
That makes me also think about the possiblility of the hack as an inside job.
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)


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.
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.


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
full member
Activity: 938
Merit: 105
February 25, 2019, 11:30:25 AM
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.
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.
legendary
Activity: 1638
Merit: 1042
February 25, 2019, 09:25:00 AM
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?

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.
hero member
Activity: 798
Merit: 531
Crypto is King.
February 25, 2019, 03:40:15 AM

Good timing, ain't it? Just 2 weeks after the "Proof of Keys" event. Remember: "NOT YOUR KEYS, NOT YOUR BITCOIN" -Aantonop


From Cryptopia_NZ Twitter(https://twitter.com/Cryptopia_NZ/status/1085084168852291586):


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...

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.

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....
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
February 25, 2019, 03:37:10 AM
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 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.
legendary
Activity: 2198
Merit: 1000
February 24, 2019, 12:09:57 PM
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.
hero member
Activity: 1651
Merit: 863
February 24, 2019, 09:01:14 AM
Someone at twitter cryptopia told that but i dont know if its true.
legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
February 24, 2019, 08:16:34 AM
Is it true funds are still moving from Cryptopia?

Really?! As far as i know, it was suppose to stop after the end of police investigation... Undecided
Not sure why they choose this kind of strategy but i guess that they can't do a lot at that point.
legendary
Activity: 1484
Merit: 1029
February 24, 2019, 07:41:12 AM
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...

Radio silence is not a healthy way for them to go - although there were plently of faults, at least cryptsy opened up and communicated
hero member
Activity: 1651
Merit: 863
February 24, 2019, 07:36:42 AM
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?
legendary
Activity: 2198
Merit: 1000
February 23, 2019, 12:23:52 PM
I just want then to open up and let people withdraw what coins they can. I just want my shitcoins off of there  Grin

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  Roll Eyes

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.
hero member
Activity: 1651
Merit: 863
February 23, 2019, 11:00:19 AM
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...
hero member
Activity: 2968
Merit: 687
February 23, 2019, 07:37:21 AM
snip-
Cryptopia is responsible for information at least, and they fail again.
That makes me also think about the possiblility of the hack as an inside job.
Probably funds of their clients are there in wallet account in cryptopia but ain't sure if they will be able to accommodate all requested refund.
That was also in my mind and I smell that the hacking incident was inside job. I think people out there still doubted on that exchange and we can't blame them. Probably it takes a year(s) before they can build again a trust or more worst no one can trust that exchange.
Once being hacked theres no turning back into the reputation had been ruined.Just take a look on the situation of Bitfinex. Building up users trust wont really be that easy.For this cryptopia
situation it do really sucks to see that they didnt even have the updates regarding on the situation which we can really presume that it might really be an inside job.
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