Topic: Cryptopia exchange hacked - page 18. (Read 4163 times)
Sad to see people losing their hard earned money just because of some very selfish thiefs. I just hope it wasn't an inside job . I advice not to put all your coins in only one exchanges as much as you can.
Every year there is always news about hacked market exchanges. it's like something that happens every year, why? I don't know why haha
bad thing will happen after this, it is possible that no one believed in cryptopia.
bad thing will happen after this, it is possible that no one believed in cryptopia.
Maybe not the last thing i needed but is a piss off, i just hope things are ok seems like its a load of ether and other coins,
does Cryptopia have a account on the forums?
does Cryptopia have a account on the forums?
I put my coins in different exchanges in case things like this happens. Still it's alot of money I'm holding in cryptopia. More than a month of rent!
Yes there was an extra layer of verification when you log in or send coins i think.
Has anyone got a contact email for Cryptopia or do they have a account on here?
Has anyone got a contact email for Cryptopia or do they have a account on here?
I don't know what is the reason why Cryptopia exchange has been a hacked. In this generation, new techniques and practices of security are too established for a platform to be hacked. The only thing hackers could hack a system is to be an insider. I wonder how did the hacker secretly hacked the security of Cryptopia. By the way, may we know which coins were affected and do you guys have a piece of elaborated information on the losses?
Another thread of complaint regarding Cryptopia exchange, https://bitcointalksearch.org/topic/m.49266441
Another thread of complaint regarding Cryptopia exchange, https://bitcointalksearch.org/topic/m.49266441
I hope people who were using this exchange as a wallet learned their lesson. Sad to hear such news. People rely on online exchanges to trade their coins between other coins. But unfortunately, exchanges are never safe and no matter how much they keep on shouting and boasting about their security, they are in one way or other vulnerable to hacks.
I used to trade here with my Wife a long time ago and we both thought it was a pretty decent exchange. I do remember my wife getting hacked when they login-ed to her account as the emails all got stolen or even maybe sold. Not sure if these hacking are an inside job from technical staff working within the exchange and they tip off fellow hackers, or the exchanges are being randomly attacked in turn by North Koreans. Kim JONG UNS Regime has collected last year alone over 200 million dollars worth of Bitcoin just from hacking exchanges in Crypto and individuals. Anyway I hope something is sorted for the losers who lost their money here and they get compensated in due course.
Didn't the exchange have some sort of extra security layer like 2FA in order to protect user account if they get hacked?
i am waiting for the report .i hope police will hunt them and catch them and i can say that exchange should add more security and can store user fund to cold storage.and finally i can say its really bad news for crypto holder.
Damn Cryptopia was my favorite exchange to trade unpopular cryptocurrencies, luckily I don't have any kept assets. Everyone should be aware of the exchanges isn't a safe place to store assets, it is already been my habit to only use exchange only to trade then transfer it to somewhere else where I could control fully the private keys. I hope with the recent hack cryptocurrencies security awareness are improving, and I expect developer could urge the decentralized exchange development.
This is an old game and very often happens, even bigger exchanges can be hit hacked, in my opinion there are two guesses, it can also be hackers and can be insiders, that they know that Bitcoin will reach higher prices later, and You know that many ICO projects have ended their projects Scam, so it's all back to the time when Bitcoin grew in the past year ...
So be careful with trade that does not have KYC even though almost all trades have implemented the method ...
I used to trade here with my Wife a long time ago and we both thought it was a pretty decent exchange. I do remember my wife getting hacked when they login-ed to her account as the emails all got stolen or even maybe sold. Not sure if these hacking are an inside job from technical staff working within the exchange and they tip off fellow hackers, or the exchanges are being randomly attacked in turn by North Koreans. Kim JONG UNS Regime has collected last year alone over 200 million dollars worth of Bitcoin just from hacking exchanges in Crypto and individuals. Anyway I hope something is sorted for the losers who lost their money here and they get compensated in due course.
Have they said what coins were taken, i had crypto in there hopefully everything gets sorted and our coins returned.
Last thing i needed to be honest
Last thing i needed to be honest
The list of hacked exchanges are just getting larger. That is the downfall of the strictly centralized exchanges. In 2018, hackers managed to syphon out around 731 million usd from exchanges and cryptopia is the first one in 2019. I am sure, this is not the end and the list will grow even larger in 2019.
Can decentralized exchanges be the solution to prevent such hacks? Since centralized exchanges keep their money into a centralized location, it's lucrative for the hackers. But in decentralized exchanges, handling of money is controlled by the users and not kept in a centralized location. What do you guys think? Should we pay more attention to decentralized exchanges going forward?
Can decentralized exchanges be the solution to prevent such hacks? Since centralized exchanges keep their money into a centralized location, it's lucrative for the hackers. But in decentralized exchanges, handling of money is controlled by the users and not kept in a centralized location. What do you guys think? Should we pay more attention to decentralized exchanges going forward?
Your suggestion is good but the problem is that centralized exchanges are easier to use compare to decentralized ones. Good developers are also working for centralized exchanges and nit in decentralized exchanges. We should hope that one day, good developers will shift to decentralized exchange so that this problem won't happen again.
Damn Cryptopia was my favorite exchange to trade unpopular cryptocurrencies, luckily I don't have any kept assets. Everyone should be aware of the exchanges isn't a safe place to store assets, it is already been my habit to only use exchange only to trade then transfer it to somewhere else where I could control fully the private keys. I hope with the recent hack cryptocurrencies security awareness are improving, and I expect developer could urge the decentralized exchange development.
That's right, better to send your assets to a much safer wallets than to store it inside the exchange as there's a lots of incident which already happen before, now another exchange has been attack and there is no clear updates till now, better to be more secured and wisely saves our money while we are still working with our money.
Damn Cryptopia was my favorite exchange to trade unpopular cryptocurrencies, luckily I don't have any kept assets. Everyone should be aware of the exchanges isn't a safe place to store assets, it is already been my habit to only use exchange only to trade then transfer it to somewhere else where I could control fully the private keys. I hope with the recent hack cryptocurrencies security awareness are improving, and I expect developer could urge the decentralized exchange development.
I hope that after this situation, other exchanges will be better towards cybersecurity. The risk of hacker theft is one of the reasons why some people do not keep money on the exchange and do not actively trade.
Centralized exchanges are really insecure going by the numbers of haking carried out. Decentralized exchanges are the solution to the hacking and tracing of exchanges by nefarious people that are stealing from exchanges users funds. There is a lower rate of failures or control with decentralized exchanges
Sophistication of hackers is of increase in recent times I am very sure cryptopia thought they are well secured but hackers were able to hack into their system based on the fact that they centralized while their security firewall was fragile, this will lead to massive withdrawal of funds by investors and traders while the exchange is at stake
It's a piece of sad news, early in the year got hacking news on cryptopia, even though this exchange was long and famous. So many people play here and the system has been hacked, of course, the team will handle this case with and immediately resolved.
It is rather dangerous now to keep money in a cryptocurrency, and in fact they said "the safest". 
It's quite unusual that even at this day and age, with a lot of techniques and new practice on safeguarding a platform, hackers are still able to get through even with the robust of security systems. I wonder how tight their security are and what their system admins do for the hackers to still find a vulnerability on the platform. Also, this stresses the age-old question of whether to keep your funds in an exchange or not, and the answer is laid right before our eyes every time a theft occurs.
It is not really that unusual, there is nothing that is hacker proof, with enough time and resources a group of hackers can figure out how to enter a system, but the problem for them will be the costs, when it comes to a centralized exchange it does not matter how much time or money it took the hackers to get access to the funds of the clients of that exchange, it was worth it, but if you are the only one holding your coins and the amount of coins you have is low and your security tight then it is not worth for a hacker to try anything against you. Jump to: