Interesting thread you have there about Bittrex, got to say there are lots of allegations against them. I will be posting there but agree with your advice about warning people to stay away from that exchange. thats exactly what happened with alot of us from who were original users from 2014. Overnight they blocked access to withdrawals (but we could still trade, whats that about!?). They would not allow us to close our and accounts and leave with our property. its another example of how regulations have enabled these types of AML/KYC scams to grow and prosper. Established scams like Bittrex can now always hide behind their AML/KYC policies and deny people their funds. hopefully a nice class action against them one day when the extent of the abuse and how they have profited from their AML/KYC polices is fully revealed  |
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New update from liquidator : https://www.grantthornton.co.nz/Update-for-Cryptopia-account-holders-18-September-2020/Selected part : When can I get my coins back?
The expectation is the claims process will open by the end of the year with the AML to follow this. Once these two phases are complete, we expect the repatriation process to follow. It is important to note that:
We have to establish a claims process and cannot just open up the Cryptopia exchange: the exchange was hacked prior to the liquidation. With the source of the hack still not identified we cannot open up an exchange that has been compromised
We have to complete the reconciliation process: this includes re-establishing coins in a non-hacked environment and then reconciling coin balances to the customer database. With over 900,000 active customers and up to 900 different coins, this is not a quick process
We will likely need to go back to court to seek further directions in respect of the distribution process including AML requirements. As liquidators, we need to follow the laws in New Zealand and cannot just return coins to account holders without completing appropriate KYC procedures Are you selling my coins to fund the Liquidation?
The Liquidation is currently being funded with company assets. Allocation of costs of returning account holders assets will be subject to further direction from the Court.
To clarify the account holders’ assets are not recorded in the Receipts and Payments statement, found in the Liquidator’s reports. 15My crypto was not affected by the January hack, why can’t I withdraw them?
Because no detailed reconciliation process between the customer database and the crypto assets held in the exchange’s wallets was ever undertaken, we cannot confirm that account holders' coin balances will match the actual holdings for each coin.
still with the don't know how it was hacked story (does any of them investigate it now? did they ever?). TillKoeln of unnamed.exchange posts above it can be used for the return of funds, and its known that this exchange is created by one of the cryptopia founders saddam213 aka chainstack. Does Grant Thornton consider them a suspect in the hack? If he is not a suspect then he should be employed by them to fix this mess, not new hires who waste time learning how it all works and may introduce a new risk of theft or loss. Unnnamed.exchange must be capable to handing a wallet reconciliation process or the unnamed.exchange would not have been around for over a year now with their wallets running and exchange unhacked. but really any exchange that already has shown it handles a variety of altcoins and tokens would be capable of integrating the wallets and database, so liquidators could choose to contract it out to a suitable cryptocurrency exchange instead of wasting more time and money to reinvent the wheel here  |
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I have heard many negative things about this unnamed.exchange and I would never trust them one bit but so far there have been (to my knowledge) no scam accusations against them.
The last time I bothered looking at their exchange I noticed they were using what seems to be Peatio 1.8+ version for their exchange, exactly which crypto they have added and which templates for Peatio they are using I do not know but I do remember them adding many useless and almost worthless coins to their pairs. I was not impressed with website then and I am sure I will not be impressed if I took a look at it now.
It would not surprise me if the exchange was set up with to selective scam first then full scale scam later before closing down with investors losing their funds but right now there is no evidence to support this except the alarm bells that rang during the time several users (including myself) were expressing views of caution on their self-moderated ANN thread.
I must have nodded off - how does "unnamed" relate to the Cryptodisaster of this particular thread? (and what exactly is a Peatio 1.8+ version for those of us not in the know??) its not Peatio, its based on Assetylene/TradeSatoshi platform ( https://www.assetylene.com) that the Cryptopia founder and developer Clark created. They sell that to others who rebrand it (like Peatio) and make their own exchange from it. A highly secure & scalable white label crypto trading platform
Position yourself at the forefront of the financial revolution by having your very own cryptocurrency digital asset exchange The founder of defunct cryptocurrency exchange Cryptopia, which entered liquidation following a hack in January 2019, has launched a new exchange called Assetylene. A new Twitter handle was created for Assetylene in September 2018, having 71 followers on the social media platform. It is also revealed from an early archived copy that it tries to copy another popular exchange, “TradeSatoshi”. However, Clark has clarified that the reason there is a similarity between the two platforms is that he himself used to be a senior developer at TradeSatoshi. So Clark sells this to TillKoeln, who created Unnamed exchange (thread here: https://bitcointalk.org/index.php?topic=5169189.0) and they took some of the staff from the Cryptopia and TradeSatoshi exchanges and Clark maybe gives some support or updates for it. Could be others out there that look more different from the original Assetylene theme and so no one knows they are using it. Its no secret but they probably keep it quiet because of the "Cryptopia connection" with Clark. Also not much was revealed about the Cryptopia hack by Cryptopia owners, so cannot recommend using exchange that is made by the same developer Clark until there is proof the hack was not because of exploits or backdoors in a platform he created. Cryptopia is still one of the few exchange hacks where the owners (and now Grant Thornton the liquidators) kept the details of it a closely guarded secret, its only because of third parties that there exists any evidence in the public that a hack actually happened. But there is still much unknown, there should be a full public posted release of all TxIDs for the stolen coins there is no reason to keep these secret. Once made public, then crypto community could track the stolen funds with a complete dataset, and it would be discovered exactly where the all the stolen coins and tokens had moved to. |
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I dont see how ETH shifting to POS could impact UBIQ. What is that u dont tell people that u know is of titanic-sized relevance? Everyone is struggling for air, u can hear people burping behind ur back while others may find joy in snorting out like a vacuum cleaner machine. The problem is lack of clarity which is a bad start and is not the way to beguile the rich.
Miners can switch to to mining UBQ when PoS begins for ETH. But they have to know about UBIQ first, and be able to profit from mining it. For most it will be more profitable to sell their GPUs then to keep playing cryptocurrency miner but some may choose to keep playing with UBQ. At least it is not bloatware like ETH. |
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Use these nodes and remove all others from your slothcoin.conf: addnode=37.187.104.111:5107
addnode=83.80.173.101 and delete the peers.dat before running wallet. Current block at time of this post is 1140511 SLOTH mining pool here https://pool.atomminer.com/stats, you can see stats for it, no one was mining when you posted. Active nodes you already have, and your were likely synced, there was just no new blocks because no mining. You can try to mining it, in wallet (in wallet debug window enter "setgenerate true") or in the pool https://pool.atomminer.com/. |
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me 0.07 BTC worth Sorry to read about the way their scam has hit your finances. Imagine just how much the total investor loss would be. Does anybody have any ball-point figures? Funds taken in hack were said by Cryptopia to be 9% of total assets they held ( https://news.bitcoin.com/cryptopia-lost-almost-a-tenth-of-its-assets-in-january-hack/). they had not completed their audit and haircuts and had only done BTC, LTC and ETH by the time they decided to liquidate the company. As they also had many tokens including USDT and TUSD, the amount will likely be higher. But from what is already known BTC, LTC and ETH taken was worth about $25-30 million USD at the time, so then it can be estimated to be $200 to $300 million customers are at risk of losing now to the company based on the outcome of the upcoming high court case in New Zealand ( https://twitter.com/cryptopia_nz/status/1217993284498251776). Don't forget that the Cryptopia also reopened for short time before liquidation pretending they were serious about keeping the exchange alive but now it looks like they did this so they could apply a haircut to customer accounts which had the effect that it reduced significantly what customers had in their balance by the percentage they claimed was stolen by locking in what was owed to customers at an extremely low exchange value for those assets at that time (Bitcoin price was very near its lowest). They also are said to have used this an opportunity to apply a haircut greater than than what was taken in hack, and give themselves extra BTC to liquidate before and during the liquidation. Unlike every other exchange that gets hacked, Cryptopia never provided any details or provided the community with a balance of what remained post hack. The most they said was that it was 9% of total assets on their twitter account. They have never proved that the haircut matched what was taken, and have provided no TxIDs or audit results for the crypto community to verify. I have heard that the amount of BTC taken in haircut was nearly twice what was taken in the hack, and then once the liquidation began only some weeks later is then considered to be company bitcoin by the liquidators who have ignored its origins. Remember that the haircuts that were BTC 14%, LTC 43%, and ETH 100%. Therefore if hack is only 7% of the BTC held, it is in the range of 500 BTC they paid themselves before liquidation (Before liquidation andpost hack Bitcoin seen moving to new wallets before reopening was over 7000BTC, after liquidation began Bitcoin linked to the Cryptopia main wallet that was seen moving to the liquidator wallets is over 5000 BTC ( https://whale-alert.io/transaction/bitcoin/1a9c856019eb33154adc14b5d34637ef70ef16a5eaff2b33f2baaa25e0a3c53c), but might be much higher if they have other multiple bitcoin wallets or stored on other exchanges). The liquidators have not said if the IOU token/loss marker "CLM" given in exchange for haircut will be recognized, but even if it is (unlikely), the Cryptopia customers still lose because after deduct the extra BTC Cryptopia took in haircut to pay themselves and the company, the CLM token is 1:1 $NZD based (and was converted at BTC price on the day of the hack when it was really low and at the bottom and is below half what the BTC price today or the year before) The "company Bitcoin" probably been sold as well the other company property last year by the liquidators ( https://beincrypto.com/cryptopia-starts-liquidating-assets-creditor-repayment-date-still-unknown/). They need official declaration that customer cryptocurrency belongs to the company now so they can extract more money for other companies, directors, shareholders and staff that are owed. This is what the NZ High Court will rule on. I also heard a rumor that they delayed going into liquidation so they could use an Australian crypto exchange to cash out some of this BTC haircut in the months before and then left the rest for their future liquidators to "find". But without some evidence or the liquidators investigating these rumors, this money is probably gone and the the "cherry on the top" for the directors and shareholders that will receive another big payout if the rest of the customer assets are allowed to be liquidated by Grant Thornton. Also heard another rumor that there exist companies set up in the UK that were on paper were providing customer and technical support for Cryptopia but in reality did very little work are owned by the Cryptopia directors and shareholders but are as a separate legal entities are in the liquidators list of creditors to be paid huge sums of money that "owed" to them alongside the other companies, staff etc in that list, so these people will get to double and triple dip on the payout from liquidation!  Hopefully the NZ Court will understand that the $300 million in cryptocurrencies belong entirely to the Cryptopia customers. and that the company, its directors, shareholders and creditors are not entitled to any of it. sorry for the mess of text, there were some chatrooms i was in that had mentioned some of this but I see that no one had posted much info in here from what had been shared. perhaps some sleuths in here can find something or someone else who knows can tell us something. It will be a sad day to see the crooks benefit further from the misery they have caused to so many people, if the court decides to awards them or other parties (hoster, staff, shell companies) they owe to what belongs to the customers. |
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| | | May 2018 | | | -0.12%/+0.01% | | | Free | | | 0.0006 BTC | | | No | | | No | | | Hong Kong | | | No | | | No KYC | | | No | | | 2FA | | | |
nice list but there is some incorrect information for Altilly Altilly is headquartered in Sweden not Hong Kong. (see: https://www.altilly.com/page/aboutus) Unfortunately they do have KYC, its opt in for now, and is part of their "AltillyPass" scheme. You have to pay them $10 to join it. (see: https://www.altilly.com/page/altillypass) |
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guys i want to buy xcp coins, where can i do this? i mean which market
you can buy them on the counterparty dex. trade btc from your address directly for xcp. |
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Website: https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12218933Title: Hacked Cryptopia investors in the dark over 'rebate'Byline and Date: Nikki Mandow 3 Apr, 2019 Archive link: https://archive.fo/n4v31Hacked Cryptopia investors in the dark over 'rebate'
Hacked Christchurch-based cryptocurrency exchange Cryptopia will give a "rebate" to investors who lost funds. But details are sketchy.
And a decision to refund people who lost currency using the NZ dollar price on the day of the hack, January 14, will be controversial, given the big hikes in cryptocurrency values over the last month.
Cryptocurrency experts have estimated that $23 million-worth of investors' crypto coins were stolen when a hacker or hackers broke into the Christchurch exchange.
Cryptopia has been working with New Zealand Police to try to work out who the hacker is and where the cryptocurrency has gone, but investors have been frustrated by the lack of information.
On March 18, two months after the heist, Cryptopia emailed investors with details of "a rebate for customers who unfortunately lost funds".
"We are working through the logistics of this to ensure it is equitable and in compliance with local laws," Cryptopia's co-founder Rob (Hex) Dawson said.
Cryptocurrency and tax specialist Campbell Pentney from law firm Bell Gully says while the proposed rebate is likely to be welcomed by the market as a positive step towards the planned restoration of the exchange, investors are still waiting for details.
"In particular whether they can expect a full refund, how losses will be calculated and whether refunds will be made instantly or over time by way of a fee-sharing arrangement.
In his email last month, Cryptopia's Dawson said the company would be providing more details "shortly" about the rebates and the projected dates for trading to be active again.
"Please be aware we are hoping to achieve this by the end of the month," Dawson said.
However that date, March 31, has come and gone, and with it the end of the tax year.
Pentney says one key concern will be whether investors can obtain tax refunds for their "lost" tokens.
"The challenge here is that this requires a degree of certainty that the funds are absolutely lost and the portion that is missing. One positive step is that traders can now reclaim their trading records which are vital for tax purposes."
To add insult to injury for Cryptopia investors, Cryptopia will set the value of the rebate using what each currency was worth on January 14, the date of the hack. But the last month has been a boom time for cryptocurrencies, particularly the less well-known ones.
"The first quarter of 2019 was a breath of fresh air for the cryptocurrency market, having recorded its first quarterly increase in overall network valuations since the fourth quarter of 2017," journalist Sam Ouimet wrote on the Coindesk blockchain news site this week.
"Interestingly, however, bitcoin is among the least significant price gainers so far this year... This means a sizable portion of the market's recent growth came from the many other cryptocurrencies trading on exchanges today."
Some small or medium cap cryptocurrencies doubled or tripled in value in March, Ouimet said.
Cryptopia traded a wide range of currencies, and was a significant trading platform for some smaller cryptocurrencies.
A list of tokens stolen from Cryptopia in the January hack names 98 currencies. Most are relatively obscure and trade at just a few cents, or fractions of a cent. However they add up to a total Cryptopia loss of US$15.9m.
Some Cryptopia investors will also be unhappy about an announcement that they won't get back any money they might have accidentally put into the exchange after the hack. Some investors, unaware of the site had been closed down, continued to put money into Cryptopia.
"Any users who sent deposits more than 24 hours after we announced the security breach will not have their deposits recovered," Cryptopia says.
"We do not have a deadline for when we will be recovering transactions sent before this cutoff, and any deposits that we recover will be subject to the same haircut that has already been applied to our users."
Meanwhile, in a bizarre twist to the story, an Estonian-based company whose cryptocurrency Mothership was one of the less-well-known ones traded on the Cryptopia exchange, has received half of its stolen tokens back.
Mothership said in a blog that it had been contacted anonymously by someone who claimed to have stolen the private keys to the Mothership currency from the original Cryptopia hacker.
That possible hacker of the hacker then shared the private keys with Mothership, which was able to get back 16.8 million Mothership tokens.
An estimated 32 million were stolen, worth around US$880,000 as of January 19, meaning just over 50 per cent has been returned.
Pentney suggests the return of the tokens might have been a way to re-introduce some liquidity into the market so the hacker, or others, could trade the remaining 50 per cent.
"Mothership relied on Cryptopia for trading volume and, since the attack, it is no longer tradeable - it now has a miniscule volume on a single obscure exchange. Mothership responded by proposing a token "swap" for existing holders, which would render the previous mothership tokens useless.
"It may be that half the tokens were returned in order to revive the project, which would allow anyone holding those previous tokens to sell in the future. This may have partially worked as already the token swap is on hold."
Mothership spokeswoman Linh Le says her company is working with Cryptopia and the police to sort how to get the retrieved 16.8m Mothership tokens back to their legitimate owners.
"At the same time we have received new information about the Cryptopia hacker(s) and are actively continuing to investigate our leads on them. We are cooperating with the New Zealand Police and Cryptopia to aid bringing the culprits to justice."
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I think you should post this on Binance twitter account or Telegram group if you really want that your sentiment be heard.
I doubt that someone from Binance team visit Bitcointalk.
there are binance staff on bitcointalk, they just don't post as binance reps. everyone who is anyone in crypto uses bitcointalk or at least reads it. |
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Stablecoins are a scam, created by bankers to give themselves access to large bank accounts loaded up with millions and even billions of fiat.
They are not safe as they are not trustless, and the stablecoin creator can do whatever they want with the fiat they acquire from idiots handing over their dollars.
Fractional reserve, loans, and use of the fiat for other investments is what will happen, with the risk that the entire thing will collapse, they will lose or steal from themselves all the money they have in bank accounts and the stablecoin is no longer backed 1:1 with money held in bank accounts.
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For a while Cryptopia had a professional CEO, who quit arround June 2018. CEOs do not usually quit thriving businesses. But this one did. After that, @Triple_HeXXX's daddy became interim managing director of Cryptopia. A bit of a strange move for a founder, to appoint his daddy instead of himself. Coincidentally or not, about the same time the other founder @sa_ddam213 started developing an alternate exchange. Then a month before the alleged hack, someone started dumping CEFS. CEFS being essentially a money printing machine, you just had to watch money rolling in. But dumped them nevertheless. And a few days before the alleged hack, trading volume dropped, as if someone or some groups in the know started turning off their trading bots in anticipation of something. And a few hours before the alleged hack, ETH dumped on Cryptopia.
Can you spell i-n-f-i-g-h-t-i-n-g? How about i-n-s-i-d-e j-o-b?
It can't have been as early as June 2018, as he was still posting "CEO updates" in October 2018, this is from just 6 months ago: Alan Booth updates: https://support.cryptopia.co.nz/csm?id=search&t=kb&q=Alan%20BoothCEO Update: Refreshed Site Announcement (04/10/2018)https://support.cryptopia.co.nz/csm?id=kb_article&sys_id=2911e5afdbf42f40d7e096888a961904Dear Cryptopians
We have lift off! Today we unveiled a fresh new look for Cryptopia. This is the first of many exciting changes planned for the exchange to deliver on our promise of a fast, secure and customer focused exchange. I would like to take this opportunity to update you on a number of initiatives we are implementing to ensure we remain one of the leading global cryptocurrency exchanges.
1. UPGRADED SYSTEMS & INCREASED HEADCOUNT
Cryptopia has invested heavily this year in upgraded systems and infrastructure to improve our scalability after learning some lessons earlier this year when we experienced 950% growth from November 2017 through to January 2018. With over 2 million global users, we have increased our headcount by almost 400% this year and have moved into new offices that have been customised to suit our ever expanding team. I am also thrilled to welcome Raj Wadhera, our new Sales and Marketing Director, to Cryptopia. He joins at a pivotal time as we experience accelerated business growth. With his proven track record developing a world-class experience, he is a welcome addition to our talented team who are delivering high-performing and highly secure services to our users around the world. We are also recruiting for a number of new positions and welcome your applications.
2. CUSTOMER SERVICE IMPROVEMENTS
Throughout the last quarter, we have significantly improved our customer service standards and are moving closer to our goal of offering World Class Service. Our recent average response times are under 7 hours and our mean time to resolution is 2.5 days. We are still aiming to deliver a one-hour response rate and for 90% of tickets to be resolved within one business day. The 10% of new tickets we are unable to resolve within that time frame generally relate to issues for coins in maintenance and this is often outside of our control. Please see our Help Centre article about why coins need to go into maintenance for further information.
3. REFRESHED NEW LOOK & IMPROVED FEATURES
We have today rolled out a fresh new look that is the start of a whole host of changes that will deliver a faster and cleaner experience for our users. We would appreciate your feedback and encourage you to create a new support ticket. Please ensure you categorise the ticket as 'Exchange', subcategory 'Other' with the Subject of 'Design Feedback' and include the device and browser you are using as well as any screenshots to ensure our development team can review. There are many other new features and improvements planned for the last quarter of 2018 - stay tuned for further announcements.
Lastly, I would like to thank our loyal customers for their patronage throughout the ups and downs of the market in 2018. Cryptopia firmly believes that cryptocurrencies are the future of financial services. We look forward to the rise of cryptocurrencies and blockchain technology, with our customers at the core of all improvements and new products we launch.
Best wishes,
Alan Booth His departure must have occurred sometime after October 4, 2018, the date of the last "CEO update". Also leaves the questions of what happened, where he is now and whether he was investigated after the attack, as well the actual date that he left the company. It is strange is how quietly this was handled, appointment or departure of a CEO/important staff is normally used by marketing teams to promote the company, create a buzz, but Cryptopia it was all silence.  Was he caught with his hand in the cookie jar?  |
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The lost funds are replaced with the CLM token as a loss marker. The exact method of how this will work they haven't announced yet.
That's B****hit. If clients get their hands on their lost balance as a single token ( CLM) all at the same time, its price will decrease drastically after the obvious " sell race™" that users will do to get their preferred " exit coin". I still prefer the 100% free haircut over an ECR20 token. u could take a gamble that Cryptopia will save itself and those CLM will be bought back by them one day. their communication has been bad but overall the way they have handled the situation so far has good. they are facing up to their obligations to customers, its not perfect but its better than the alternative. |
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Everyone suffers the a haircut on their balance
Based on discord
BTC = 14% Haircut
LTC = 43% Haircut
ETH = 100% Haircut
And based on this figure they lost more than ETH and ETH tokens.
Trading resumed in some market but still NO WITHDRAWAL
My mistake guys, unfortunately you are both right...  So we get a haircut instead of compensation? Nice strategy, will keep a lot of us there when they start working normaly... The lost funds are replaced with the CLM token as a loss marker. The exact method of how this will work they haven't announced yet. its not a lost marker, its a token representing the NZD value of the coins at the time of the hack. a loss marker would be a token that is equal 1:1 to the actual crypto that was stolen. eg: 1 CLM_A = 1 LTC, 1_CLM_B= 1 ETH. |
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They can't allow you to withdraw what they don't "physically" have. I suppose that "physically" isn't the exact word for cryptocurrencies, but you get what I mean. They had coins stolen so even though we see some balances in our accounts, they can't be put into the blockchain because Cryptopia doesn't hold those coins anymore. As stated here: https://twitter.com/Cryptopia_NZ/status/1102776289650335744 they'll offer "rebates"... now what those "rebates" mean, I don't know. I dont have ERC20 or ETH Balance on my Cryptopia account and majority of my funds is on USDT and its not affected by the hack. They should be allowed to be withdrawn while the users with affected coins can wait for their so called rebates. USDT is also an ERC20 token, not just OMNI. and they have not made a public announcement of what has been lost, so no one knows. Unless you can show on one or both of its blockchains, you cannot know if the USDT are safe. Have you checked on either of the blockchains for USDT to see if Cryptopia wallet has its coins? |
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