Cryptopia exchange hacked - page 8. | Bitcointalksearch.org

pinoycash

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Quote from: yurimir on March 15, 2019, 06:40:55 AM

Possibly it will take a couple of months Huh

"As we prepare to open we have secured 35% of coins on our exchange to new wallets. We need to complete this exercise fully prior to opening the exchange."

https://twitter.com/Cryptopia_NZ/status/1106030832009895937

You forget about their scheduled outage today Cheesy

I have to commend who ever thinks of these updates Grin

They keep posting useless after useless updates just to keep their customer entertain.

yurimir

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Possibly it will take a couple of months Huh

"As we prepare to open we have secured 35% of coins on our exchange to new wallets. We need to complete this exercise fully prior to opening the exchange."

https://twitter.com/Cryptopia_NZ/status/1106030832009895937

figmentofmyass

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Quote from: RivAngE on March 13, 2019, 04:23:41 AM

Quote from: figmentofmyass on March 12, 2019, 01:04:08 PM

they've been posting updates on twitter. everything is still in read-only mode---i'm not even sure if they've decided how to distribute the losses yet. now people can cancel old orders so they are't immediately triggered when trading resumes.

tbh i have a feeling many users will stay at cryptopia. the losses were fairly small, they have a market niche that few other exchanges can fill (lots and lots of low cap coins), and people (even old school people) seem to like them. if they do it bitfinex-style and repay with tokens over time---or maybe even offer customers the opportunity to invest---i'll bet they would retain most of their prior volume.

the big question should be whether the site is actually secure but for most people in this situation, it's an afterthought. with the bitfinex hack the admins couldn't even figure out how it happened. they just migrated to new wallets. they still continued to grow in market share after that!

But Bitfinex was hacked at a time when there was little competition in the space and a year or so later we had the famous huge price spike in every coin and all the exchanges got flooded with new customers.
Most of these new customers wouldn't care to research about an exchange's past, all they wanted was just one exchange to verify their account ASAP (so that they can get REKT in ATH Tongue

).

This period of time is different and people won't be as forgiving to Cryptopia who had a bad customer support to start with. However for such a small loss, I believe they'll just absorb it themselves and many people will forget the issue after a little.

people always think "it's gonna be different this time" but it rarely is. when exchanges are in a position to pull an exit scam but they don't (like bitfinex in 2016 or btc-e in 2017), lots of customers will stick it out. that's just my observation over the years. maybe it's just the wild west nature of crypto speculators and exchanges. i've found that lots of investors in this space---in spite of the entire purpose of bitcoin---just don't care very much about securing their money. they like to stick with what they're used to (including bad security practices and using exchanges that get hacked) and they really like buying shitcoins (cryptopia's specialty).

RivAngE

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Quote from: figmentofmyass on March 12, 2019, 01:04:08 PM

they've been posting updates on twitter. everything is still in read-only mode---i'm not even sure if they've decided how to distribute the losses yet. now people can cancel old orders so they are't immediately triggered when trading resumes.

tbh i have a feeling many users will stay at cryptopia. the losses were fairly small, they have a market niche that few other exchanges can fill (lots and lots of low cap coins), and people (even old school people) seem to like them. if they do it bitfinex-style and repay with tokens over time---or maybe even offer customers the opportunity to invest---i'll bet they would retain most of their prior volume.

the big question should be whether the site is actually secure but for most people in this situation, it's an afterthought. with the bitfinex hack the admins couldn't even figure out how it happened. they just migrated to new wallets. they still continued to grow in market share after that!

But Bitfinex was hacked at a time when there was little competition in the space and a year or so later we had the famous huge price spike in every coin and all the exchanges got flooded with new customers.
Most of these new customers wouldn't care to research about an exchange's past, all they wanted was just one exchange to verify their account ASAP (so that they can get REKT in ATH Tongue

).

This period of time is different and people won't be as forgiving to Cryptopia who had a bad customer support to start with. However for such a small loss, I believe they'll just absorb it themselves and many people will forget the issue after a little.

figmentofmyass

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Quote from: LeGaulois on March 12, 2019, 10:31:26 AM

Surprisingly, the website is back online today Huh

, did they announced something about a relaunch and its users balance? Not that I care about mine, I have just a few cents in and I see them in my wallet, but I'm wondering about users with "a lot of coins"

It will be a real challenge for them to regain the trust of users Roll Eyes

they've been posting updates on twitter. everything is still in read-only mode---i'm not even sure if they've decided how to distribute the losses yet. now people can cancel old orders so they are't immediately triggered when trading resumes.

tbh i have a feeling many users will stay at cryptopia. the losses were fairly small, they have a market niche that few other exchanges can fill (lots and lots of low cap coins), and people (even old school people) seem to like them. if they do it bitfinex-style and repay with tokens over time---or maybe even offer customers the opportunity to invest---i'll bet they would retain most of their prior volume.

the big question should be whether the site is actually secure but for most people in this situation, it's an afterthought. with the bitfinex hack the admins couldn't even figure out how it happened. they just migrated to new wallets. they still continued to grow in market share after that!

pinoycash

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Quote from: LeGaulois on March 12, 2019, 10:31:26 AM

Surprisingly, the website is back online today Huh

, did they announced something about a relaunch and its users balance? Not that I care about mine, I have just a few cents in and I see them in my wallet, but I'm wondering about users with "a lot of coins"

It will be a real challenge for them to regain the trust of users Roll Eyes

They been online for some time now (march 4, 2019) and currently on READ-ONLY Mode with the options to cancel orders on the trading page.

LeGaulois

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Top Crypto Casino

Surprisingly, the website is back online today Huh

, did they announced something about a relaunch and its users balance? Not that I care about mine, I have just a few cents in and I see them in my wallet, but I'm wondering about users with "a lot of coins"

It will be a real challenge for them to regain the trust of users Roll Eyes

pinoycash

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Quote from: mano237 on March 12, 2019, 05:10:07 AM

I have around 1 million daps on cryptopia..

Do we know if all erc20 tokens are gone? Or is there a chance that one of our wallets is not affected? Roll Eyes

There's NO official announcement on the list of coins that been stolen but based on unofficial reports from 3rdparty researcher all ETH and ERC20 Tokens has been drained by the hacker in Cryptopia hot wallet.

mano237

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I have around 1 million daps on cryptopia..

Do we know if all erc20 tokens are gone? Or is there a chance that one of our wallets is not affected? Roll Eyes

pinoycash

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Just in

Quote

Cryptopia Exchange
‏@Cryptopia_NZ
Update: We have commenced answering support tickets in regards to 2FA and password resets. Keep an eye on our page for further updates.

https://twitter.com/Cryptopia_NZ/status/1105333501383999488

Another 1 step forward and 2 step backward Cheesy

What next? We will commence resetting user passwords Cheesy

and then the next day...

We will commence resetting 2FA resets Cheesy

and then the day after

No Update since its weekend Cheesy

Good Job cryptopia

milewilda

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Quote from: harizen on March 11, 2019, 05:21:49 PM

Quote from: condoras on March 09, 2019, 01:09:41 PM

Quote from: harizen on March 06, 2019, 05:17:05 PM

Quote from: condoras on March 06, 2019, 04:37:37 PM

At least "looks" like it's there, even if we can't move or trade it. Cool

Don't want the idea of a fake view. It will build a fake expectations.

Looks like a delaying tactics to me just to show their customers that they are taking actions.

Anyways, hope that another good progress will happen few days by now.

I hardly believe that after Police investigation, will put fake balances. Besides most people didn't have any expectations at all.
Yes, they are late to announce some actions and it's obvious that it is their strategy. The result though so far, is positive and i really hope it continue this way.

So we are on the same page here. Cool

The opening of that fake website view turned out to be positive to others including me, but I realized later on that the picture was not totally makes sense and just used, as I mentioned, to show people they are in progress of making the site operational.

And now they leave people again hanging after a week of reopening that fake view site.

I really missed my funds there lol although Im now on the process of moving on.

The suck part is that we are waiting for no definite time or just estimates on when it would be fully operational.I do really see this thing as a show-off to its users that they
are doing their part to retrieve their service. The feeling of being hanged in the middle isnt really that easy even i do already pull my funds on Cryptopia but im still stressed out on the current
condition of its users.

harizen

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Quote from: condoras on March 09, 2019, 01:09:41 PM

Quote from: harizen on March 06, 2019, 05:17:05 PM

Quote from: condoras on March 06, 2019, 04:37:37 PM

At least "looks" like it's there, even if we can't move or trade it. Cool

Don't want the idea of a fake view. It will build a fake expectations.

Looks like a delaying tactics to me just to show their customers that they are taking actions.

Anyways, hope that another good progress will happen few days by now.

I hardly believe that after Police investigation, will put fake balances. Besides most people didn't have any expectations at all.
Yes, they are late to announce some actions and it's obvious that it is their strategy. The result though so far, is positive and i really hope it continue this way.

So we are on the same page here. Cool

The opening of that fake website view turned out to be positive to others including me, but I realized later on that the picture was not totally makes sense and just used, as I mentioned, to show people they are in progress of making the site operational.

And now they leave people again hanging after a week of reopening that fake view site.

I really missed my funds there lol although Im now on the process of moving on.

yurimir

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In my opinion, this story is very strange Huh

- Mothership receive private keys from Cryptopia hacker, 16.8m MSP returned

https://www.chepicap.com/en/news/8000/mothership-receive-private-keys-from-cryptopia-hacker-16-8m-msp-returned.html

pinoycash

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Quote from: condoras on March 09, 2019, 01:09:41 PM

I hardly believe that after Police investigation, will put fake balances. Besides most people didn't have any expectations at all.
Yes, they are late to announce some actions and it's obvious that it is their strategy. The result though so far, is positive and i really hope it continue this way.

So we are on the same page here. Cool

Yes they are good in buying more time to create an illusion that they are working behind the scene's its getting more obvious now.

Next week (No specific day) they will enable cancel - only mode in the site and based on the discord discussion of some mods, Cryptopia will give more *time (ehem delay) to all customers to cancel all active orders on the site.

What happen next is still a mystery and still no positive news about customer's balance withdrawals.

condoras

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Quote from: harizen on March 06, 2019, 05:17:05 PM

Quote from: condoras on March 06, 2019, 04:37:37 PM

At least "looks" like it's there, even if we can't move or trade it. Cool

Don't want the idea of a fake view. It will build a fake expectations.

Looks like a delaying tactics to me just to show their customers that they are taking actions.

Anyways, hope that another good progress will happen few days by now.

I hardly believe that after Police investigation, will put fake balances. Besides most people didn't have any expectations at all.
Yes, they are late to announce some actions and it's obvious that it is their strategy. The result though so far, is positive and i really hope it continue this way.

So we are on the same page here. Cool

STOPBEINGREEDY

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Persistence turnsfailure into xemplary achievement

Quote from: starmman on March 06, 2019, 02:09:17 PM

Quote from: pinoycash on March 06, 2019, 12:21:23 PM

Quote from: condoras on March 06, 2019, 11:55:51 AM

So users gain access again to the site but they can't do anything... Undecided

Now we will have to wait at least two weeks, to see wallets back and working or for something else? What's the next step of this procedure?

Hello Brother Condoras Cheesy

long time...

Yes the site is currently on read-only mode and their next plan of action is to open the site as cancel-only mode (wherein users can cancel their orders from the trading terminal page)

Did anybody lose any coin?

I have $1400 in usdt on cryptopia and 0.2 BTC and 48 neo.
Waiting in limbo to see what has or has not happened to it.
Also have a few low market coins which are not my biggest concern.

figmentofmyass

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Quote from: peonminer on March 05, 2019, 12:15:00 PM

Oh I see... read only. I am glad they are still in business at least. They are letting people back on to view stats and everything and say they only lost 9.5% of funds. That's just scary to think about if they would have pulled a cryptsy. Yeah exchanges are risky and it set them apart since they actually are back online and it seems like they will soon let users trade and withdrawal again.

it's much better than expected. bitfinex lost ~36% of user deposits a few years ago and they recovered. (although personally i still feel screwed over by the way bitfinex handled things and i'm sure people at cryptopia will too)

Quote from: bitbollo on March 06, 2019, 05:05:16 PM

Quote from: starmman on March 06, 2019, 02:09:17 PM

Did anybody lose any coin?

No. Because my funds deposited were BSD and it seems the wallet hasn't be hacked.
https://chainz.cryptoid.info/bsd/wallet.dws?36087.htm

doesn't matter. they will probably haircut everyone's balances to account for the total losses. this is how other exchanges have handled hacks. they convert all the losses to fiat value and then socialize the % amount from all customers.

harizen

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Quote from: condoras on March 06, 2019, 04:37:37 PM

At least "looks" like it's there, even if we can't move or trade it. Cool

Don't want the idea of a fake view. It will build a fake expectations.

Looks like a delaying tactics to me just to show their customers that they are taking actions.

Anyways, hope that another good progress will happen few days by now.

bitbollo

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Quote from: starmman on March 06, 2019, 02:09:17 PM

Quote from: pinoycash on March 06, 2019, 12:21:23 PM

Quote from: condoras on March 06, 2019, 11:55:51 AM

So users gain access again to the site but they can't do anything... Undecided

Now we will have to wait at least two weeks, to see wallets back and working or for something else? What's the next step of this procedure?

Hello Brother Condoras Cheesy

long time...

Yes the site is currently on read-only mode and their next plan of action is to open the site as cancel-only mode (wherein users can cancel their orders from the trading terminal page)

Did anybody lose any coin?

No. Because my funds deposited were BSD and it seems the wallet hasn't be hacked.
https://chainz.cryptoid.info/bsd/wallet.dws?36087.htm

condoras

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Quote from: pinoycash on March 06, 2019, 12:21:23 PM

Quote from: condoras on March 06, 2019, 11:55:51 AM

So users gain access again to the site but they can't do anything... Undecided

Now we will have to wait at least two weeks, to see wallets back and working or for something else? What's the next step of this procedure?

Hello Brother Condoras Cheesy

long time...

Yes the site is currently on read-only mode and their next plan of action is to open the site as cancel-only mode (wherein users can cancel their orders from the trading terminal page)

Nice to see you again man, long time indeed... Wink

If you don't know that is on "read-only" mode, you believe that nothing happend.
I don't understand though why to do such few steps for such long time. Probably they want to fix books before they open withdraws?

Quote from: harizen on March 06, 2019, 03:00:43 PM

We didn't even know if our balance still there.

At least "looks" like it's there, even if we can't move or trade it. Cool

Topic: Cryptopia exchange hacked - page 8. (Read 4179 times)