Topic: [Cryptopia] ONLINE ARTICLES related to hack &theft of funds 2022 (non discussion - page 6. (Read 5651 times)

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Website: https://www.coindesk.com/hacked-exchange-cryptopia-discloses-estimate-of-stolen-crypto
Title: Hacked Exchange Cryptopia Discloses Estimate of Stolen Crypto
Byline and Date: Yogita Khatri Feb 27, 2019 at 10:30 UTC, Updated Feb 27, 2019 at 10:38 UTC
Archive link: https://archive.fo/mrHNN

Hacked Exchange Cryptopia Discloses Estimate of Stolen Crypto

Yogita Khatri
Feb 27, 2019 at 10:30 UTC  Updated Feb 27, 2019 at 10:38 UTC

New Zealand-based cryptocurrency exchange Cryptopia has given an idea of the losses arising from a hack on its platform last month.

After being almost silent since the breach, the firm published a series of updates via Twitter on Wednesday. Most notably, Cryptopia provided an update on how much of the total assets held by the platform was lost in the cyber-attack, saying:

    “We are continuing to work on assessing the impact incurred as a result of the hack in January. Currently, we have calculated that worst case 9.4% of our total holdings was stolen.”

It did not provide an idea of that amount in monetary terms.

Cryptopia went offline on Jan. 15 saying it had suffered a “security breach which resulted in significant losses.” The exchange did not provide any specific information at the time and has since said it cannot comment while an investigation by the New Zealand Police is underway.

A blockchain data analytics firm estimated after the attack that as much as $16 million in ether and ERC-20 tokens could have lost. Notably, hackers still had control over Cryptopia even after the police had been brought in and reportedly stole an additional 1,675 ether from 17,000 wallets – an amount worth about $181,000 at the time.

In Wednesday’s tweets, the exchange said it is “securing each wallet individually” to ensure it is “fully secure” when resuming trading.

Cryptopia also warned:

    “As a result of the new wallets please immediately refrain from depositing funds into old Cryptopia addresses. We have more updates to come tomorrow, keep an eye on our page.”

New Zealand Police said on Feb. 7 that it expected to complete the inspection of Cryptopia’s premises by mid-month. Cryptopia confirmed in a tweet on Feb. 14 that the police had given them access back to its building, while the investigation was continuing.

Detective inspector Greg Murton of the New Zealand Police said at the time that the case is “progressing well and advancing on several fronts,” adding:

    “The focus is on identifying those behind this offending and retrieving the stolen cryptocurrency. This investigation is expected to take a considerable amount of time to resolve due to the complexity of the cyber environment.”

Website: https://themerkle.com/new-cryptopia-update-confirms-users-will-not-access-funds-for-a-while/
Title: New Cryptopia Update Confirms Users Will not Access Funds for a While
Byline and Date: JP Buntinx, Feb 25 at 09:30 UTC
Archive link: archive.today

The author of the article is trying to answer this question: Will Cryptopia be able to regain the trust of its users after hacking in January?

https://coinedtimes.com/cryptopia-to-resume-trading-after-hack/

These short tweets don’t answer any important questions. If the exchange wants to regain its customers’ trust and find new users, it might want to rethink its communication strategy.

If anyone able to get a screen shot of the info-gram on this page: https://www.stuff.co.nz/business/110607639/30-million-dollars-worth-of-stolen-cryptocurrency-is-hiding-in-plain-sight ?

It spills over the page and I'm not sure how to grab in one go shots of more than one screen.

Thanks.

If anyone able to get a screen shot of the info-gram on this page: https://www.stuff.co.nz/business/110607639/30-million-dollars-worth-of-stolen-cryptocurrency-is-hiding-in-plain-sight ?

It spills over the page and I'm not sure how to grab in one go shots of more than one screen.

Thanks.

Am trying a slightly different format for the OP listing of articles - what do people think?

Another article - Ethereum [ETH]: Cryptopia to resume operations a month after hack stole $16 million in Ethereum

https://ambcrypto.com/ethereum-eth-cryptopia-to-resume-operations-a-month-after-hack-stole-16-million-in-ethereum/