"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
Topic: Cryptopia exchange hacked - page 8. (Read 4052 times)
Possibly it will take a couple of months
"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
"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
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.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!
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
).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).
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!
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
).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.
Surprisingly, the website is back online today , 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
, 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
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!
Surprisingly, the website is back online today , 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
, 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
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.
Surprisingly, the website is back online today , 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
, 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
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?
Do we know if all erc20 tokens are gone? Or is there a chance that one of our wallets is not affected?
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.
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?
Do we know if all erc20 tokens are gone? Or is there a chance that one of our wallets is not affected?
Just in
https://twitter.com/Cryptopia_NZ/status/1105333501383999488
Another 1 step forward and 2 step backward
What next? We will commence resetting user passwords
and then the next day...
We will commence resetting 2FA resets
and then the day after
No Update since its weekend Good Job cryptopia
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.
@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
What next? We will commence resetting user passwords
and then the next day...
We will commence resetting 2FA resets
and then the day after
No Update since its weekend
Good Job cryptopia 
At least "looks" like it's there, even if we can't move or trade it. 
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.
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.
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.
At least "looks" like it's there, even if we can't move or trade it.
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.
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.
In my opinion, this story is very strange - 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
- Mothership receive private keys from Cryptopia hacker, 16.8m MSP returnedhttps://www.chepicap.com/en/news/8000/mothership-receive-private-keys-from-cryptopia-hacker-16-8m-msp-returned.html
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.
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.
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.
At least "looks" like it's there, even if we can't move or trade it.
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.
full member
Activity: 168
Merit: 100
Persistence turnsfailure into xemplary achievement
So users gain access again to the site but they can't do anything... 
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?
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
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.
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)
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.
At least "looks" like it's there, even if we can't move or trade it.
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.
So users gain access again to the site but they can't do anything...
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?
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
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
So users gain access again to the site but they can't do anything...
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?
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
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...
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?
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.
Did anybody lose any coin?
100% yes.
Everyone saw their balance, including mine, complete and exact amount prior to the hack.
But until the site goes live we can't really say if some of users here in the forum got lost coins.
They should be allowed to be withdrawn while the users with affected coins can wait for their so called rebates.
We didn't even know if our balance still there.
So Cryptopia is back up read only but when you try sign in it brings you to two factor authentication and i am not yet to get an email from Cryptopia with the code so can not login anyone else have this problem?
If 2FA is activated, I think no email authentication needed at least in my case. 2FA can't be found in email.
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