Bitcoin Forum
October 31, 2024, 12:58:07 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they believe that the creator of this topic displays some red flags which make them high-risk. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 ... 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 [118] 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 ... 245 »
  Print  
Author Topic: Cryptopia Cryptocurrency Platform Services and Development  (Read 173556 times)
einsteinium
Sr. Member
****
Offline Offline

Activity: 536
Merit: 252



View Profile WWW
January 16, 2019, 06:54:48 AM
Last edit: January 16, 2019, 07:45:33 AM by einsteinium
 #2341

Luckily for Einsteinium (EMC2), we were forced to leave Cryptopia on Jan 4th on 'First Come First Serve' basis.

EMC2 51% attack on Cryptopia started on September 23rd and lasted for 10 days!
We offered reimbursement for initial wave, but it did not work out, as Cryptopia has requested full amount of 10 days of hacking which was close to 2 Millions of EMC2.
Here is our statement on that https://bitcointalk.org/index.php?topic=494708.msg48633011#msg48633011

FYI EMC2 implemented Komodo's Delayed Proof of Work and is now 51% attack resistant.

We all know what Cryptopia is, and that big number of coins they carry represents vulnerability, but they've been playing important part in crypto ecosystem, motherly maintaining all those coins. They also have great native UI which was fun to use, very comfortable.

It is unfortunate what happened, but keep in mind that some big exchanges went through the same.
If they manage to come back, they will come stronger and better. It is part of growing process.

We wish them all the best.

MIL coin Blue Paper www.emc2.foundation/mil
Saint-loup
Legendary
*
Offline Offline

Activity: 2786
Merit: 2427



View Profile
January 16, 2019, 07:30:07 AM
 #2342

I am saddened, very little hope -  Crypto Exchange Cryptopia Claims It’s Been Hacked, Goes Offline After Months of Problems; Users Cry Exit Scam

https://cryptoiq.co/crypto-exchange-cryptopia-claims-its-been-hacked-goes-offline-after-months-of-problems-users-cry-exit-scam/
Every people should read that!



It's clearly an exit scam!!!!

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
Saint-loup
Legendary
*
Offline Offline

Activity: 2786
Merit: 2427



View Profile
January 16, 2019, 07:40:32 AM
 #2343

1) Only Ethereum is stolen
2) Even if users' coins are stolen, they might return all or most of them to their hands in order to keep their dignity.

how can they do this?
most exchange have an insurance to cover the lost when a disaster comes.I think Cryptopia will reimburse because its a security breach on there side. there website is not secured enough

Actually most exchanges don't have this insurance at all. If they did then the MtGox hack or the Bitfinex theft would of not resulted in a loss of funds.

Exchanges like Coinbase and Gemini have insurance but its for the fiat deposits. Usually nobody steals the fiat because its traceable. Usually when someone hacks someone's account, if they have fiat, they buy Crypto with it and then do a withdraw. And there is no insurance against that because once its confirmed on the blockchain its gone forever.

Either the theft is small to their reserves or they will issue a haircut for everyone like the Bitfinex hack a few years back when everyones balance was reduced by 33%.
AFAIK Binance have an insurance (safu)

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
fastcoin-ok
Member
**
Offline Offline

Activity: 81
Merit: 10


View Profile
January 16, 2019, 08:45:34 AM
 #2344

I think this will end like Cryptsy in 2014.
Boiled.
Forget about Cryptopia and join Tradeio. Shared profits 50%, DAILY.
Check it out:
https://trade.io/en
Labrader
Member
**
Offline Offline

Activity: 224
Merit: 24


View Profile
January 16, 2019, 08:55:56 AM
Last edit: January 16, 2019, 12:36:13 PM by Labrader
 #2345

If the law enforcement is involved, this will not have a speedy resolution. They'll "arrest the hard drive" and things will drag, maybe there'll be people prosecuted, a trial and so on.

I'm confused about the timeline. This A person posting on their twitter, presumably the owner himself, kept reassuring users (by directly replying to their tweets) they are hard at work and it won't be long now, when they seem to have known at that time there was a security incident.

Involving the police seems, to me, as a move on their part to limit personal liability. This lack of information as well: when lawyers advise you to STFU, usually means it's in your personal interest.



Scene examination... hm... they're going to dust the USB cable for prints or what? Check for a shoeprint of the hacker eloping with the crypto in the duffel bag?

Recovering funds is just one of the priorities. Not the biggest, apparently. Which are the other priorities?

They could allow read only access to customers, in order to take snapshots of the accounts. That would be the honest thing to do.
dablatair
Member
**
Offline Offline

Activity: 324
Merit: 15


View Profile
January 16, 2019, 10:52:09 AM
 #2346

I am saddened, very little hope -  Crypto Exchange Cryptopia Claims It’s Been Hacked, Goes Offline After Months of Problems; Users Cry Exit Scam



https://cryptoiq.co/crypto-exchange-cryptopia-claims-its-been-hacked-goes-offline-after-months-of-problems-users-cry-exit-scam/

Hello,

Thank you for this complete article.

I heard lot of trouble with Cryptopia in the last weeks regarding the blocked wallets and many maintenance but I was really not aware of the importance of troubles and that there are so important suspiscions of malversation and fears of exit scam.

I'm almost sure that this will be the end of Cryptopia and I hope that the remained funds will be available for the users to be recovered before the end. I also hope that the stolen funds will be refurbished to users but I have really big doubts in that.

Also a sad news for lots of small projects that found a place to be listed and visible and now will be nowhere.

I strongly hope that this will be another experience that will be taken by users and other exchanges to increase security and safety of their funds.
RivAngE
Full Member
***
Offline Offline

Activity: 728
Merit: 169


What doesn't kill you, makes you stronger


View Profile
January 16, 2019, 11:16:14 AM
 #2347

Oh... so New Zealand has a Crypto-police! That's interesting... and reassuring! I wouldn't expect any serious outcome if normal police was involved, but since there's a special department for that, then there's hope for finding the truth and maybe catching the hacker.

I especially lol'd at the part of the announcement "we are also aware of speculation in the online community about what might have occurred", (obviously meaning that Cryptopia "hacked" themselves).
I guess people from their crypto-police have forum accounts here and elsewhere!
pinoycash
Hero Member
*****
Offline Offline

Activity: 1316
Merit: 514



View Profile WWW
January 16, 2019, 11:38:35 AM
 #2348

Oh... so New Zealand has a Crypto-police! That's interesting... and reassuring! I wouldn't expect any serious outcome if normal police was involved, but since there's a special department for that, then there's hope for finding the truth and maybe catching the hacker.

I especially lol'd at the part of the announcement "we are also aware of speculation in the online community about what might have occurred", (obviously meaning that Cryptopia "hacked" themselves).
I guess people from their crypto-police have forum accounts here and elsewhere!


In the end we want them to comeback so all users can withdraw their funds and move-on from this mess, This Forensic Investigation will take nowhere its all anonymous address and the hacker will surely laylow for now until the dust settled.


             ▄▆▆▄
           ▄████████▄
        ▄██████████████▄
     ▄███████      ███████▄
  ▄███████            ███████▄
███████                  ███████
█████▀                    ▀▀██▀
█████
█████                       ▄▆█
█████                   ▆██████
█████                   ████████
  ▀█                   █▀ ▐████
▄                          ▐████
██▆▄▄                    ▄█████
███████                  ███████
  ▀███████            ███████▀
     ▀███████      ███████▀
        ▀██████████████▀
           ▀████████▀

. Graphene Airdrop Coming Soon by Phore .
  █████████████████████████████
███████████████████████████████
████████████████████████████████
████████████████████████████████
████████████████████████████████
████████████████████████████████
█████████               ████████
█████████               ████████
█████████               ████████
█████████               ████████
█████████               ████████
█████████           ▅▆████████▌
█████████     ▅▅▆████████████▌
█████████▆█████████████████████
████████████████████████████████
██████████████████████████████▀
██████████████████████▀▀▀
████████████████▀▀▀
█████████▀▀
█████████
█████████
Timelord2067
Legendary
*
Offline Offline

Activity: 3850
Merit: 2237


💲🏎️💨🚓


View Profile
January 16, 2019, 01:07:10 PM
 #2349

In the end we want them to comeback so all users can withdraw their funds and move-on from this mess, This Forensic Investigation will take nowhere its all anonymous address and the hacker will surely laylow for now until the dust settled.

1.4 million valid email addresses and the corresponding wallet addresses both in and out...

Labrader
Member
**
Offline Offline

Activity: 224
Merit: 24


View Profile
January 16, 2019, 02:06:48 PM
 #2350

Apparently some of the missing crypto made it's way to Binance and they were able to freeze part of it, according to CZ's tweet.

When asked what will they do with the frozen assets, CZ's answer was interesting:
pornluver
Hero Member
*****
Offline Offline

Activity: 960
Merit: 514


View Profile
January 16, 2019, 05:03:35 PM
 #2351

Cryptopia also have a bug. They sort orders based on string value of the dates. I told support but it's not fixed.
target
Legendary
*
Offline Offline

Activity: 2282
Merit: 1041


View Profile
January 16, 2019, 05:16:52 PM
 #2352

Looks like a movie scene where a hacker cleverly took some funds by typing on the commandline  Cheesy

Apparently some of the missing crypto made it's way to Binance and they were able to freeze part of it, according to CZ's tweet.

When asked what will they do with the frozen assets, CZ's answer was interesting:


Well its there already. It goes to what they say that there is nothing safe  when its put online.  CZ said they'd freeze the account if they can track the rest of the tokens, I wonder if they can track if its mixed already and sent to binance.
DenysM
Full Member
***
Offline Offline

Activity: 714
Merit: 118



View Profile
January 16, 2019, 08:43:36 PM
 #2353

Today I read an article where some users claim that it could be initiated from within. Perhaps the exchange itself or someone from the employees appropriated the money for themselves. Article in Russian https://forklog.com/chast-propavshih-s-cryptopia-sredstv-obnaruzhena-na-birzhe-binance/
On January 13 there were two big transactions for $ 4 million (19,391 ETH/ 48,029,306 CENNZ). Very suspicious
xtraelv
Legendary
*
Offline Offline

Activity: 1288
Merit: 1926


฿ear ride on the rainbow slide


View Profile
January 16, 2019, 08:59:07 PM
Last edit: January 16, 2019, 09:22:06 PM by xtraelv
 #2354


cryptopia.co.nz


https://www.police.govt.nz/news/release/update-investigation-involving-cryptocurrency-company

We are surrounded by legends on this forum. Phenomenal successes and catastrophic failures. Then there are the scams. This forum is a digital museum.  
* The most iconic historic bitcointalk threads.* Satoshi * Cypherpunks*MtGox*Bitcointalk hacks*pHiShInG* Silk Road*Pirateat40*Knightmb*Miner shams*Forum scandals*BBCode*
Troll spotting*Thank you to madnessteat for my custom avatar hat.
RokOrids
Newbie
*
Offline Offline

Activity: 28
Merit: 1


View Profile
January 16, 2019, 10:24:06 PM
 #2355

I think it's too early to talk about exit scam. Perhaps it is easier for me to talk about it, since there were no serious amounts there, but I would like to believe that in the end we will get an answer, then we will draw conclusions. 

Most of all I was upset by beggars in the comments to the addresses where funds were supposedly withdrawn. "Mr. Hacker, you are such a good fellow, Mr. Hacker, give me a pretty penny .." - sycophants ... Sad
I want to believe that karma exists. No one would wish such a fate ...
trackers
Jr. Member
*
Offline Offline

Activity: 54
Merit: 2


View Profile
January 17, 2019, 03:30:27 AM
 #2356

these guys are based in my city. The two owners have really solid cred in the community, but they have 100 staff so who knows.... I talked to a SQL contractor there and he thinks its pretty suspect.

TL:DR suspect an inside job has happened. Cryptopia have gone silent and are just referring everything to the cops.

almightyruler
Legendary
*
Offline Offline

Activity: 2268
Merit: 1092


View Profile
January 17, 2019, 06:28:53 AM
 #2357

The two owners have really solid cred in the community, but they have 100 staff so who knows...

I feel sorry for those 100 staff. Even if Cryptopia does come through this, their reputation has taken a big hit, and whilst shut down they have no revenue. At least some of the staff will have to be let go.

The unpaid mods are also going to be feeling the heat.
Saint-loup
Legendary
*
Offline Offline

Activity: 2786
Merit: 2427



View Profile
January 17, 2019, 07:26:55 AM
 #2358

@xtraelv
You don't know [img height=  or [img width=  to reduce the size of your pics?
14 and 15 january it's old news BTW

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
Saint-loup
Legendary
*
Offline Offline

Activity: 2786
Merit: 2427



View Profile
January 17, 2019, 07:34:15 AM
 #2359

Apparently some of the missing crypto made it's way to Binance and they were able to freeze part of it, according to CZ's tweet.

When asked what will they do with the frozen assets, CZ's answer was interesting:




██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
einsteinium
Sr. Member
****
Offline Offline

Activity: 536
Merit: 252



View Profile WWW
January 17, 2019, 07:40:31 AM
 #2360

When we talk about the damage, lets put things in perspective.
We are in bear market and prices are bottoming, so the real damage is actually much much bigger.

MIL coin Blue Paper www.emc2.foundation/mil
Pages: « 1 ... 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 [118] 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 ... 245 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!