[2019-01-30] Not Over Yet: Cryptopia Hacked Again, over $180,000 Worth of ETH Mi

[Vladdirescu87]

Not Over Yet: Cryptopia Hacked Again, over $180,000 Worth of ETH Missing

Cryptopia – a crypto exchange platform based in Switzerland, was badly hacked on Monday, January 14, 2019, and has again faced another significant loss of money from the same hackers, just 2 weeks later. The same hackers syphoned off around 1,675 Ethereum (ETH) which is approx. $180 thousand USD from unsuspecting Cryptopia wallets on Monday, January 28, according to Elementus.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/cryptopia-hacked-again/

[buwaytress]

I'm so not going to read this. Didn't even read the full details of the hack a fortnight ago, because this name is now forever going to be associated with terminal mismanagement and negligence. How do the same hackers steal AGAIN in 2 weeks?

P.S. Isn't it New Zealand based and not Switzerland? I've always known them as a Kiwi exchange. I know last year they were bought over by new management but it still remained NZ, since it was providing support for that NZ stablecoin.

[o0o0]

yeah its new zealand not switzerland.

also its misreporting they werent hacked again. users sent more funds to the original compromised addresses.
anyone that sends further funds to those addresses will lose them too.

its extra lost funds not a second hack per say.

[LeGaulois]

I'm so not going to read this. Didn't even read the full details of the hack a fortnight ago, because this name is now forever going to be associated with terminal mismanagement and negligence. How do the same hackers steal AGAIN in 2 weeks?

P.S. Isn't it New Zealand based and not Switzerland? I've always known them as a Kiwi exchange. I know last year they were bought over by new management but it still remained NZ, since it was providing support for that NZ stablecoin.

Same here, when I read Cryptopia is based in Switzerland and figure they can't even publish correct information I am not going to read anything. And yeah Cryptopia is a Kiwi platform. This blog is often telling wrong information like this one.
There is truly a lack of management, reaction. When you struggle with the hack the first step is to stop everything and to protect the platform to not suffer more damage

[Betwrong]

Wasn't Cryptoipia put on maintenance right away after the initial hack?

Important Announcement
14th January 2019, the Cryptopia Exchange suffered a security breach which resulted in significant losses. Once identified, the exchange was put into maintenance while we assessed damages.

Also, the news about the hack has been circulating all over the world since.

Honestly, I don't know whom to blame more: the mining pools' staff that they missed the news or Cryptopia that they didn't notify them?

[stompix]

I'm so not going to read this. Didn't even read the full details of the hack a fortnight ago, because this name is now forever going to be associated with terminal mismanagement and negligence. How do the same hackers steal AGAIN in 2 weeks?

P.S. Isn't it New Zealand based and not Switzerland? I've always known them as a Kiwi exchange. I know last year they were bought over by new management but it still remained NZ, since it was providing support for that NZ stablecoin.

What do you expect from coinidolidiot...
Another garbage article in which they spent more time drawing a stupid cartoon than actually researching what they wrote

Honestly, I don't know whom to blame more: the mining pools' staff that they missed the news or Cryptopia that they didn't notify them?

I'm going to blame people that have set their pool reward to go automatically to ANY 3rd party address.
Was it that time consuming to have the funds moved first in a secure address and then and only then manually send funds after you check if the exchange or web wallet or whatever is still online and running?

[gentlemand]

Honestly, I don't know whom to blame more: the mining pools' staff that they missed the news or Cryptopia that they didn't notify them?

I'm going to blame people that have set their pool reward to go automatically to ANY 3rd party address.
Was it that time consuming to have the funds moved first in a secure address and then and only then manually send funds after you check if the exchange or web wallet or whatever is still online and running?

Are we sure about this? It seems like an awful lot of miners. I can't believe that many are stupid enough to send direct to an exchange. I find it even harder to believe that many would send to such a shit exchange.

[bbc.reporter]

What if this was an exit scam and they are making it appear that it is not an exit scam by stealing more 2 weeks after the exit scam hehe.

[Kemarit]

Did the hackers stole the second time or Cryptopia has lost control of their wallets that's why the supposedly hackers has a field day swooping all the coins in that exchange?

@bbc.reporter - we really can't discount that possibility as well but I'm sure that the authorities is also looking at that angle.

[stompix]

~

Are we sure about this? It seems like an awful lot of miners. I can't believe that many are stupid enough to send direct to an exchange. I find it even harder to believe that many would send to such a shit exchange.

We can't be sure of anything these days, and not with information coming from blogs that copy-paste from each other and claim they are reliable newspapers.
Unless a victim comes, proves with a signed address that he used to transfer funds over time automatically to an address that again is proved to have been in control of Crytopia we can't be sure of anything...and most likely we won't be any time soon.

Seriously, lately we need to read the news and ask ourselves not how this happens but how bad is this reported and with how many errors..

What if this was an exit scam and they are making it appear that it is not an exit scam by stealing more 2 weeks after the exit scam hehe.

I doubt they risked that much if..if ..if ..if 

But as always if we put on the tinfoil hat, there is the possibility that they "hacked' exactly wallets of users who didn't respond in time when the exchange alerted them, thus shifting the blame on the users and having a solid defense this time

[Betwrong]

~

Are we sure about this? It seems like an awful lot of miners. I can't believe that many are stupid enough to send direct to an exchange. I find it even harder to believe that many would send to such a shit exchange.

We can't be sure of anything these days, and not with information coming from blogs that copy-paste from each other and claim they are reliable newspapers.
Unless a victim comes, proves with a signed address that he used to transfer funds over time automatically to an address that again is proved to have been in control of Crytopia we can't be sure of anything...and most likely we won't be any time soon.
~

All those news sites are referring to the same source, an investigation by the blockchain data analytics firm Elementus:

https://elementus.io/blog/cryptopia-hacker-strikes-again-15-days-later/

who although stated that "Most of the funds are coming from mining pools", never actually proved it.

So, I agree with you, we can't be sure of anything these days.

[veleten]

I'm so not going to read this. Didn't even read the full details of the hack a fortnight ago, because this name is now forever going to be associated with terminal mismanagement and negligence. How do the same hackers steal AGAIN in 2 weeks?

P.S. Isn't it New Zealand based and not Switzerland? I've always known them as a Kiwi exchange. I know last year they were bought over by new management but it still remained NZ, since it was providing support for that NZ stablecoin.

Same here, when I read Cryptopia is based in Switzerland and figure they can't even publish correct information I am not going to read anything. And yeah Cryptopia is a Kiwi platform. This blog is often telling wrong information like this one.
There is truly a lack of management, reaction. When you struggle with the hack the first step is to stop everything and to protect the platform to not suffer more damage

yup, Coindol is being Coindol again with the incorrect info and their writers not checking the facts
some of their articles are plain contradicting their older articles, for example the ones about Italy
one day they are totally anti bolckchain and innovations, next article the government sets a special fund to promote blockchain and cryptocurencies etc.
as for the "hack" it was just the users who can't read and kept sending their coins to the compromised addies

[BLAST2MARS]

Only $180k? Maybe that was the initial report because we know hackers would not just hack exchanges if it would not give them millions. I'm going to wait for the final report and I'm pretty sure that we are going to see 7 to 8 digits of losses.