Cryptopia Hacked.

C

Conix

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I think they eat people money and than they say their Exchange hacked.
You agree?
 
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Yeah could be an exit scam event but more likely they did get hacked as was only about 2Mil stolen. If they were going to exit scam im sure they would have stolen be alot more....
 
yep, im 90% sure that they manage that, for sure that the ""Hacker"" is the owner of cryptopia.

Cryptopia is an top exchange and they cant store more than 50% of cryptocurrency on offline wallet ? how stupid can be ?

Also !!! : if i remember cryptopia have 2k withdraw limit per day, how hackers manage that ? How they break that system ? as i know cryptopia say " Withdraw limit for security " ..... Another scamm exchange
 
Alexpaberla said:
Also !!! : if i remember cryptopia have 2k withdraw limit per day, how hackers manage that ? How they break that system ? as i know cryptopia say " Withdraw limit for security " ..... Another scamm exchange
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If a person can hack into the exchange, there is probably a good chance they can change parameters for the site.

Question is what coins did they target. Many shitcoins don't even have private wallets. And a lot of shitcoins are available on very few exchanges so probably no chance to easily move them to another exchange. So I would think the hacker wouldn't be able to grab every coin on the exchange. Probably went for the big ones like BTC, ETH, LTC, etc. you can easily send to a ledger.

Since you can see volume of coins on each exchange, no doubt the hackers already knew exactly what coins they were going for.

Or it could be an exit scam, but New Zealand is a small island. I would think they would revoke the passports immediately for the owners and employees of the company, once the news hit.
 
CryptoKujira said:
If a person can hack into the exchange, there is probably a good chance they can change parameters for the site.

Question is what coins did they target. Many shitcoins don't even have private wallets. And a lot of shitcoins are available on very few exchanges so probably no chance to easily move them to another exchange. So I would think the hacker wouldn't be able to grab every coin on the exchange. Probably went for the big ones like BTC, ETH, LTC, etc. you can easily send to a ledger.

Since you can see volume of coins on each exchange, no doubt the hackers already knew exactly what coins they were going for.

Or it could be an exit scam, but New Zealand is a small island. I would think they would revoke the passports immediately for the owners and employees of the company, once the news hit.
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From ccn

“”
Cryptopia said in a tweet that the breach occurred on Monday. Based in New Zealand, Cryptopia said the hack caused it to suffer “significant losses.”

The breach moved at least $2.4 million worth of ethereum (ETH) to several unknown wallets. Also, it moved roughly$1.2 million worth of Centrality (CENNZ). “”

The hackers move a Good part of money to binance ( owner of binance Say that )
 
Interesting the hackers would be stupid enough to move the money to a large exchange like Binance, unless they already bounced it out of that exchange to a private wallet. Never heard of Centrality, but then again, with over 2000 altcoins now, it's impossible to keep up.
 
Cryptopia have a lot of small cap/ scam coins. But they aøways acted shady
 
Yup, lost all my UFR tokens I had on there. Sucks, did pretty well trading the token on there, as it was the only exchange with any real liquidity. Of course, it would’ve been better to hold funds on my Trezor, but we’re in the midst of a bear market and didn’t feel comfortable being exposed to market forces 24/7. Ironically that doesn’t matter much now. I knew the risks, but it still hurts. 10 people, eh? @bartsimpsonio Hah! Your comments are about as stale and uninspired as your username. Despite not being a big exchange, Cryptopia was one of the few places you could buy/trade small-cap coins. Granted, many were ‘shit-coins’ but a lot of people have been affected. Here’s hoping nothing untoward happens in your financial endeavours, you bell-end.
 
It's going to be a while before anyone knows.

No doubt, the local police in tiny New Zealand don't even know where to begin with digital forensics. They're going to have to get help from someone, read through a ton of emails, track down former employees, take statements, not to mention an independent audit of the server logs, track down the money which will prob involve other departments, etc.

I'd be surprised if this gets resolved quickly.
 
FYI, Cryptopia is coming back online Monday, as read-only for now.
 
CryptoKujira said:
It's going to be a while before anyone knows.

No doubt, the local police in tiny New Zealand don't even know where to begin with digital forensics. They're going to have to get help from someone, read through a ton of emails, track down former employees, take statements, not to mention an independent audit of the server logs, track down the money which will prob involve other departments, etc.

I'd be surprised if this gets resolved quickly.
Click to expand...
I think you are correct. The police is going to have a hard time to track the criminals. Unless it was an exit scam. Who knows?
 
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