Topic: Cryptopia exchange hacked - page 16. (Read 4130 times)
It is sad , I pity those fund that involved , that is why it is advisable not to keep coin u are not selling on exchange , better to get an offline wallet to avoid story that touched
https://www.unblock.news/news/cryptopia-hack-leads-to-significant-losses-1 more details here.
whether the attack is large and can make the cryptopia close?
They are not quick to even call it a hack, but seeing that others ar even looking to file lawsuits against Cryptopia, the situation doesn't look that bright. Hopefully they will recover, since it's an ongoing investigation, only time will tell what will happen to Cryptopia.https://cointelegraph.com/news/cryptopia-alleged-hack-police-are-on-the-case-while-community-tracks-down-stolen-funds
I know about this news and this is sad because i have some tokens there.
I just bought half million pcs of LOYALCOIN which i am not yet withdraw to my wallet.
I hope they can give date when they will open again the exchange. BTW hacker sent the tokens to BINANCE account which is now on freeze./
I just bought half million pcs of LOYALCOIN which i am not yet withdraw to my wallet.
I hope they can give date when they will open again the exchange. BTW hacker sent the tokens to BINANCE account which is now on freeze./
https://www.reddit.com/r/Cryptopia/comments/agkiwh/fundraiser_for_cryptopia_hack_victims/?ref=readnext
Just look at this. Fund raising? or just another attempt to steal?
On another note, it looks like the hacker has moved some of the funds in Binance but they quickly freeze the account.
https://cointelegraph.com/news/cryptopia-alleged-hack-police-are-on-the-case-while-community-tracks-down-stolen-funds
Just look at this. Fund raising? or just another attempt to steal?
On another note, it looks like the hacker has moved some of the funds in Binance but they quickly freeze the account.
https://cointelegraph.com/news/cryptopia-alleged-hack-police-are-on-the-case-while-community-tracks-down-stolen-funds
Quote
Some of funds have been frozen, Cryptopia users are preparing a lawsuit
It seems that at least some of the stolen tokens have been frozen. On Jan. 16, after being tagged by a Twitter community member, Binance exchange CEO Changpeng Zhao said that he suspended “some” of the funds affiliated with Cryptopia after they ended up on his platform’s wallets and claimed that he will freeze more if social media users report them.
It seems that at least some of the stolen tokens have been frozen. On Jan. 16, after being tagged by a Twitter community member, Binance exchange CEO Changpeng Zhao said that he suspended “some” of the funds affiliated with Cryptopia after they ended up on his platform’s wallets and claimed that he will freeze more if social media users report them.
How much was stolen from the hack?
there are no official numbers. cryptopia refuses to release that info, citing the police investigation. but circumstantial and blockchain evidence point to $10 million+ USD equivalent, most of which seems to have been ERC-20 tokens (dentacoin, metal, trueUSD, etc): https://finance.yahoo.com/news/cryptopia-alleged-hack-police-case-200800523.html
How much was stolen from the hack?
There is no exact amount yet how much was stolen, im also waiting for the update in cryptopia social page and newzealand police website hopefully cryptopia will open the withdrawal of unaffected coins
I diversify my crypto exchanges as well. In case things like this happens. But I don't want it to ever happen. Only a year in crypto n I got hacked already.
Supposedly, you won't put all your money in just one exchange and I believe you are aware of that. It sad it have a less chances for your claims but you can just try.
I want my bitcoins back. If the exchange goes live I'm withdrawing funds. It's in the hands of the athority now. So I'm not even sure if I'm getting my money. This is a nightmare I got 3/4 a Bitcoin in there. If btc dumps to 2500$ I'm gonna have a heart attack. That's a year of my savings.
Do you mean that all your money are in Cryptopia exchange.? I'll doubt if you can get it back, a lot of people were storing their money on there and could possible that the owner/team won't pay them and even given a share from. Supposedly, you won't put all your money in just one exchange and I believe you are aware of that. It sad it have a less chances for your claims but you can just try.
How much was stolen from the hack?
This is a perfect example to not put all the egg in one basket. In fact we never actually know how much funds does an exchange actually has for example in the "proof of keys" event do they really have all the money to pay their users if all of them withdraw their funds. And even popular exchange, there's also a risk that it can be vulnerable due to neglected or weak configurations or bug.
If for example Bitcoin did not get taken do you think the owners of the coins that dident get stolen would get them back,
i would think they would return the coins that remained if the owners of them wanted to withdraw them, there's a lot of talk of ether and Erc tokens being stolen,
also if they had certain account bitcoins in cold storage what do you think the result would be.
i would think they would return the coins that remained if the owners of them wanted to withdraw them, there's a lot of talk of ether and Erc tokens being stolen,
also if they had certain account bitcoins in cold storage what do you think the result would be.
I want my bitcoins back. If the exchange goes live I'm withdrawing funds. It's in the hands of the athority now. So I'm not even sure if I'm getting my money. This is a nightmare I got 3/4 a Bitcoin in there. If btc dumps to 2500$ I'm gonna have a heart attack. That's a year of my savings.
Do you mean that all your money are in Cryptopia exchange.? I'll doubt if you can get it back, a lot of people were storing their money on there and could possible that the owner/team won't pay them and even given a share from. Supposedly, you won't put all your money in just one exchange and I believe you are aware of that. It sad it have a less chances for your claims but you can just try.
nope, not yet. if they go into bankruptcy, we've seen how that plays out with mt gox....
I thought mt. Gox had an escrow repaying some of the users?the case is still being handled by the bankruptcy courts in japan. it's pending civil rehabilitation. so, gox collapsed in february 2014, and almost 5 years later people are still waiting to get back a fraction of the coins they lost! that's brutal.
~snip~
I would have thought Cryptopia was a sizable exchange and at this stage why have they not sufficient security in place to protect other proples
funds? Its not good enough really.
I want my bitcoins back. If the exchange goes live I'm withdrawing funds. It's in the hands of the athority now. So I'm not even sure if I'm getting my money. This is a nightmare I got 3/4 a Bitcoin in there. If btc dumps to 2500$ I'm gonna have a heart attack. That's a year of my savings.
Well they do largely defeat the original purpose of cryptocurrency, which is to maintain control of your money. Dex will make it just as easy to aquire and sell without this issue.
Still no-one actually wants to use DEX-es as the UX is not as polished as it is on Binance or Coinex, for example. Although both Binance and Coinex have announced that they'll be building DEX-es so who knows what would happen the next few years...
Well they do largely defeat the original purpose of cryptocurrency, which is to maintain control of your money. Dex will make it just as easy to aquire and sell without this issue.
I noticed this a while back when my ANON wasn't getting withdrawn. Centralised exchanges present a big problem for investor confidence
I know it's not a big exchange but it's not good for cryptocurrency, this and the 51% attack on ETC last week does not help improve the media and societies opinion on crypto which is already pretty low. I hope these hackers are happy with what they are doing, funds have been frozen by most exchanges that they have tried to transfer tokens to, but the sad thing is it creates more FUD and further reduces the market cap as it makes investors exit crypto entirely.
Is there any word on whether or not the lost funds would be compensated to its users?
nope, not yet. if they go into bankruptcy, we've seen how that plays out with mt gox....
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