Topic: Cryptopia exchange hacked - page 21. (Read 4163 times)
A sad day indeed. Someone walked away with a couple of million that doesn't belong to them. A lot of people took a horribly unfair hit.. and the damage done to crypto continues to climb. To the Cryptopia Hacker.. You are a disgrace to the technology and the human race as a whole.
This is sad news. But this kind of things should normally welcomed. So it is impossible to set up the best system on the internet and every brain can be superior than another.
waves dex never suffers from hack attacks,
stop using centralised exchanges
Could it be because just WAVES is traded? It is difficult to see liquidity in this exchange. As far as I know, this exchange is a beta version and I hope it will be better when main DEX will be released. But I do not think it is useful for now. stop using centralised exchanges
I never used this exchange. I strictly use Binance for the security. I hope anyone that lost some ETH will get their funds back.
They lost around 20k ETH.
A token listing there cost 350 ETH at one point (paid in DOT).
They listed around 500 tokens.
Their fees are amongst the highest in crypto.
I think they have a responsibility to use their profits and put the exchange back on live.
A token listing there cost 350 ETH at one point (paid in DOT).
They listed around 500 tokens.
Their fees are amongst the highest in crypto.
I think they have a responsibility to use their profits and put the exchange back on live.
waves dex never suffers from hack attacks,
stop using centralised exchanges
stop using centralised exchanges
Does it deal with FIAT as well?
waves dex never suffers from hack attacks,
stop using centralised exchanges
stop using centralised exchanges
another exchange gone down! by the way, what type of breach was that? any detailed information?
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.
Yep, pretty much everything is bound to be hacked at some time, not only exchanges. It's mostly just a matter of "when".There's this famous quote from Robert Mueller(non verbatim): "There are only 2 types of companies: those that have been hacked, and those that will be hacked."
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.
Pretty much. People will never learn I guess.*snip*
Not 100% sure. Their Tweet was just approximately 6 hours ago. They haven't gave out ample information about the breach yet. There are rumours about huge number of ERC-20 tokens being lost.Check this out: https://twitter.com/xGozzy/status/1085112959179866113
*snip*
Very unfortunate, but this is really nothing surprising. 
Damn. Another chaos begins.
https://www.coindesk.com/new-zealand-crypto-exchange-cryptopia-goes-offline-citing-major-hack
https://www.coindesk.com/new-zealand-crypto-exchange-cryptopia-goes-offline-citing-major-hack
what kind of security breach? any detailed info on the losses, which coins are affected?
could it be coincidence that they just changed their terms & risk statement policy a few months earlier
anyhow... most likely this would end bad just like other hacked exchanges,
and exchange users will always become the party that suffers the most losses
could it be coincidence that they just changed their terms & risk statement policy a few months earlier
anyhow... most likely this would end bad just like other hacked exchanges,
and exchange users will always become the party that suffers the most losses
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.
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?
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):
From Cryptopia_NZ Twitter(https://twitter.com/Cryptopia_NZ/status/1085084168852291586):
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