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Author Topic: Cryptopia Cryptocurrency Platform Services and Development  (Read 114894 times)
miningnew
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February 09, 2019, 03:52:34 AM
 #2641

It's terrible this Ann thread has become a legal and judiciary news thread.... Roll Eyes
What a fu....period for crypto in addition with the history of QuadrigaCX


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February 09, 2019, 04:06:47 AM
 #2642

 who are you in eye of cryptopia
me :just tool to make them money throw fees
low volume cryptopia no good profit from fee due to bear market  steal their fuking shit
call police
let them hope
 Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin
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February 09, 2019, 07:58:41 AM
 #2643

I don't want to spread FUD and sadness, but I was thinking...

Think at the owner of an exchange that has been hacked, therefore has totally lost users' trust. He has (?) million of dollars on cold wallets and he perfectly knows that when will reopen, ppl will run to withdraw EVERYTHING and go trade elsewhere. He will face very hard months, in addition in a bear market that has already killed some exchanges. If you were him, what would you do?  Wink

You made a good point, but unfortunately, 1000's of users who lost their holding would have a tough time to fit their foot in his shoes and sympathize with so-called Exchange owner.

Hard months and a bear market are here for all us. Bad time doesn't discriminate between Exchange owner and Users or anyone else.

If any exchange or services are not caring for their customers, then we must stop using their services. Period.

Don't know if its fabricated hack or real attack but the way they are handling this situation, is not good.
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February 09, 2019, 10:19:18 AM
 #2644

I don't want to spread FUD and sadness, but I was thinking...

Think at the owner of an exchange that has been hacked, therefore has totally lost users' trust. He has (?) million of dollars on cold wallets and he perfectly knows that when will reopen, ppl will run to withdraw EVERYTHING and go trade elsewhere. He will face very hard months, in addition in a bear market that has already killed some exchanges. If you were him, what would you do?  Wink
I still believe that there are people who will do the right thing no matter what the situation is. The idea of running away may have crossed their minds knowing that most users (if not all) will leave the exchange anyway if they reopen. However, we are not sure if they'll go that way, well I hope not. I'll just wait and see

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February 09, 2019, 11:57:44 AM
 #2645

I don't want to spread FUD and sadness, but I was thinking...

Think at the owner of an exchange that has been hacked, therefore has totally lost users' trust. He has (?) million of dollars on cold wallets and he perfectly knows that when will reopen, ppl will run to withdraw EVERYTHING and go trade elsewhere. He will face very hard months, in addition in a bear market that has already killed some exchanges. If you were him, what would you do?  Wink
I still believe that there are people who will do the right thing no matter what the situation is. The idea of running away may have crossed their minds knowing that most users (if not all) will leave the exchange anyway if they reopen. However, we are not sure if they'll go that way, well I hope not. I'll just wait and see

If there was any chance  of Not having a mass exodus from cryptopia then they should have taken action and communicated what they could .. they just clammed up and are hiding behind the police  newly spawned exchanges are lining up to take all their customers and listed coins.

Hacks can and Do happen If this was one or inside job I cant say for 100% but the thing a exchange can control is the Aftermath and they clearly shit the bed on this.

The only thing necessary for the triumph of evil is for good men to do nothing. Edmund Burke -- May the forces of evil become confused on the way to your house.George Carlin
We pay for life with death , so everything in between should be free. Bill Hicks -- It is during our darkest moments that we must focus to see the light. Aristotle
Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment. Buddha -- The only true wisdom is in knowing you know nothing. Socrates
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February 09, 2019, 04:51:19 PM
 #2646

I don't want to spread FUD and sadness, but I was thinking...

Think at the owner of an exchange that has been hacked, therefore has totally lost users' trust. He has (?) million of dollars on cold wallets and he perfectly knows that when will reopen, ppl will run to withdraw EVERYTHING and go trade elsewhere. He will face very hard months, in addition in a bear market that has already killed some exchanges. If you were him, what would you do?  Wink
I still believe that there are people who will do the right thing no matter what the situation is. The idea of running away may have crossed their minds knowing that most users (if not all) will leave the exchange anyway if they reopen. However, we are not sure if they'll go that way, well I hope not. I'll just wait and see

If there was any chance  of Not having a mass exodus from cryptopia then they should have taken action and communicated what they could .. they just clammed up and are hiding behind the police  newly spawned exchanges are lining up to take all their customers and listed coins.

Hacks can and Do happen If this was one or inside job I cant say for 100% but the thing a exchange can control is the Aftermath and they clearly shit the bed on this.


i never thought that am going to scammed by this way i thought cryptopia was better than hitbtc and yobit at the end craptopia mask down
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February 09, 2019, 05:43:52 PM
Last edit: February 10, 2019, 07:57:42 PM by paramind22
 #2647

I don't want to spread FUD and sadness, but I was thinking...

Think at the owner of an exchange that has been hacked, therefore has totally lost users' trust. He has (?) million of dollars on cold wallets and he perfectly knows that when will reopen, ppl will run to withdraw EVERYTHING and go trade elsewhere. He will face very hard months, in addition in a bear market that has already killed some exchanges. If you were him, what would you do?  Wink
I still believe that there are people who will do the right thing no matter what the situation is. The idea of running away may have crossed their minds knowing that most users (if not all) will leave the exchange anyway if they reopen. However, we are not sure if they'll go that way, well I hope not. I'll just wait and see

If there was any chance  of Not having a mass exodus from cryptopia then they should have taken action and communicated what they could .. they just clammed up and are hiding behind the police  newly spawned exchanges are lining up to take all their customers and listed coins.

Hacks can and Do happen If this was one or inside job I cant say for 100% but the thing a exchange can control is the Aftermath and they clearly shit the bed on this.


i never thought that am going to scammed by this way i thought cryptopia was better than hitbtc and yobit at the end craptopia mask down

Already a lot of new exchanges have stepped in and are trading the coins I like such as Coinex.com, freiexchange.com, probitex.com, tradsatoshi, Southexchange, Mercatox, and others.  I hope they come back up but I didn't like the way they operated a lot of the time.  Developers paid good money to be on there and would get delisted for what seemed like slim reasons, I think rudeness was one, like if
you don't like how you are getting treated (maybe it was cryptopia who was being rude in the first place?).  

They have had STRONG support by a lot of big voices in the community.  I think this led me to trust them with more coin than I should have.

adamvp
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February 09, 2019, 05:50:43 PM
 #2648

I don't want to spread FUD and sadness, but I was thinking...

Think at the owner of an exchange that has been hacked, therefore has totally lost users' trust. He has (?) million of dollars on cold wallets and he perfectly knows that when will reopen, ppl will run to withdraw EVERYTHING and go trade elsewhere. He will face very hard months, in addition in a bear market that has already killed some exchanges. If you were him, what would you do?  Wink
I still believe that there are people who will do the right thing no matter what the situation is. The idea of running away may have crossed their minds knowing that most users (if not all) will leave the exchange anyway if they reopen. However, we are not sure if they'll go that way, well I hope not. I'll just wait and see

If there was any chance  of Not having a mass exodus from cryptopia then they should have taken action and communicated what they could .. they just clammed up and are hiding behind the police  newly spawned exchanges are lining up to take all their customers and listed coins.

Hacks can and Do happen If this was one or inside job I cant say for 100% but the thing a exchange can control is the Aftermath and they clearly shit the bed on this.



i never thought that am going to scammed by this way i thought cryptopia was better than hitbtc and yobit at the end craptopia mask down
there is only one lesson which could flow from this case: Never trust centralized exchanges!


I don't want to spread FUD and sadness, but I was thinking...

Think at the owner of an exchange that has been hacked, therefore has totally lost users' trust. He has (?) million of dollars on cold wallets and he perfectly knows that when will reopen, ppl will run to withdraw EVERYTHING and go trade elsewhere. He will face very hard months, in addition in a bear market that has already killed some exchanges. If you were him, what would you do?  Wink

That is not necessarily the case. Bitfinex was hacked, too but is now performing quite ok.

.BITWIN.

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February 09, 2019, 07:34:10 PM
 #2649

bitfinex is a giant and made billions with tether, and also in this scenario evey day there is some1 who is afraid of their collapse.
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February 10, 2019, 12:11:56 PM
 #2650

Today I read an article, they write hackers have liquidated $3.2 million in tokens so far.  $2 million of the total amount laundered, was done so via Etherdelta. https://www.chepicap.com/en/news/7310/cryptopia-hackers-have-liquidated-3-2-million-in-tokens-so-far.html
We can only wait on February 15 and hope that the exchange will resume work. I am very disappointed with the exchange management, there are no updates and this causes mistrust.
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February 10, 2019, 04:40:04 PM
 #2651

Today I read an article, they write hackers have liquidated $3.2 million in tokens so far.  $2 million of the total amount laundered, was done so via Etherdelta. https://www.chepicap.com/en/news/7310/cryptopia-hackers-have-liquidated-3-2-million-in-tokens-so-far.html
We can only wait on February 15 and hope that the exchange will resume work. I am very disappointed with the exchange management, there are no updates and this causes mistrust.
What should happen on february 15?

Many users is disappointed, example some users do day trading and for this period they loss good profit why because they can not use their coins (not hack coins!). Not very professional.....
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February 10, 2019, 11:48:18 PM
 #2652

the more days pass without news, the more I think the hack has been catastrophic and the percentage of stolen coin very high...
if, for example, hackers had access to btc wallets, bye bye cryptopia.

if it has been an inside job why only steal eth and tokens, why don't steal also bitcoins...  Roll Eyes

i consider my funds lost every day more.
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February 11, 2019, 07:15:01 AM
 #2653

the more days pass without news, the more I think the hack has been catastrophic and the percentage of stolen coin very high...
if, for example, hackers had access to btc wallets, bye bye cryptopia.

if it has been an inside job why only steal eth and tokens, why don't steal also bitcoins...  Roll Eyes

i consider my funds lost every day more.


HACKER DIDNT TOUCH BTC BECAUSE ETH AND ERC-TOKEN WAS PREPARING FOR HARD FORK IF BTC HACKED WILL BE BY MOTHERFUCKER CRaPTOPIA
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February 11, 2019, 08:22:12 AM
 #2654

Updateto Cryptopia customers who have contacted New Zealand Police - 11 February 2018:

Policeacknowledge your frustration with the time the investigation appears to be taking and appreciate your patience.     Cryptopia’s customer base is very large withover 2 million global users, according to the company, so police have to manage numerous queries from affected investors.

Ifyou continue to look online for any media updates as that is generally how information is disseminated to the public by New Zealand Police.   This will be an ongoing enquiry for some timeand police are often constrained as to what we can release as we do not want to potentially compromise an active investigation or subsequent prosecution.



Themost recent media release on the 7 February 2019 is below:

The Police investigation into the Cryptopia hack and theft of cryptocurrency is progressing well and is advancing on several fronts.  The focus is on identifying those behind this offending and retrieving the stolen cryptocurrency.

This is a complex investigation involving the theft of cryptocurrency, in an unregulated environment.  The stolencryptocurrency is being actively tracked by the Police and specialists worldwide due to the nature of the cryptocurrency blockchains being publicly available.

Excellent progress is being made in the investigation and we are working with Cryptopia management, current and ex-employees who have been providing valuable assistance in this part of the investigation.  We are working closely with our international partners and cybercrime experts to continue the investigation.

Cryptopia’s managers are on site at their Christchurch address and police are expected to finish at the premises by the end of next week (15/2/19). This investigation is expected to take a considerableamount of time to resolve due to the complexity of the cyber environment.



Weacknowledge that your primary concerns are essentially:


·          What has happened to my investment?   Is it currently safe?
·          When can I access my funds?
·          Will I ever be able to recover my funds/receiveany compensation if my coins have been stolen?


Thesetype of questions need to be addressed by Cryptopia management.   Whilst police continue to work alongside themto establish the facts of the security breach, we cannot give any commentary in respect of your primary concerns as they are company affairs for Cryptopia to address.

Werecommend you continue to check Cryptopia’s website and twitter page for company updates.



Yours Sincerely,



Investigations Team – Operation Crypto

C/- New Zealand Police

Christchurch
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February 11, 2019, 10:29:33 AM
 #2655

Updateto Cryptopia customers who have contacted New Zealand Police - 11 February 2018:

Policeacknowledge your frustration with the time the investigation appears to be taking and appreciate your patience.     Cryptopia’s customer base is very large withover 2 million global users, according to the company, so police have to manage numerous queries from affected investors.

Ifyou continue to look online for any media updates as that is generally how information is disseminated to the public by New Zealand Police.   This will be an ongoing enquiry for some timeand police are often constrained as to what we can release as we do not want to potentially compromise an active investigation or subsequent prosecution.



Themost recent media release on the 7 February 2019 is below:

The Police investigation into the Cryptopia hack and theft of cryptocurrency is progressing well and is advancing on several fronts.  The focus is on identifying those behind this offending and retrieving the stolen cryptocurrency.

This is a complex investigation involving the theft of cryptocurrency, in an unregulated environment.  The stolencryptocurrency is being actively tracked by the Police and specialists worldwide due to the nature of the cryptocurrency blockchains being publicly available.

Excellent progress is being made in the investigation and we are working with Cryptopia management, current and ex-employees who have been providing valuable assistance in this part of the investigation.  We are working closely with our international partners and cybercrime experts to continue the investigation.

Cryptopia’s managers are on site at their Christchurch address and police are expected to finish at the premises by the end of next week (15/2/19). This investigation is expected to take a considerableamount of time to resolve due to the complexity of the cyber environment.



Weacknowledge that your primary concerns are essentially:


·          What has happened to my investment?   Is it currently safe?
·          When can I access my funds?
·          Will I ever be able to recover my funds/receiveany compensation if my coins have been stolen?


Thesetype of questions need to be addressed by Cryptopia management.   Whilst police continue to work alongside themto establish the facts of the security breach, we cannot give any commentary in respect of your primary concerns as they are company affairs for Cryptopia to address.

Werecommend you continue to check Cryptopia’s website and twitter page for company updates.



Yours Sincerely,



Investigations Team – Operation Crypto

C/- New Zealand Police

Christchurch



cryptopia said it matter of police /// police is matter of cryptopia
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February 11, 2019, 10:34:34 AM
 #2656

Updateto Cryptopia customers who have contacted New Zealand Police - 11 February 2018:

Policeacknowledge your frustration with the time the investigation appears to be taking and appreciate your patience.     Cryptopia’s customer base is very large withover 2 million global users, according to the company, so police have to manage numerous queries from affected investors.

Ifyou continue to look online for any media updates as that is generally how information is disseminated to the public by New Zealand Police.   This will be an ongoing enquiry for some timeand police are often constrained as to what we can release as we do not want to potentially compromise an active investigation or subsequent prosecution.



Themost recent media release on the 7 February 2019 is below:

The Police investigation into the Cryptopia hack and theft of cryptocurrency is progressing well and is advancing on several fronts.  The focus is on identifying those behind this offending and retrieving the stolen cryptocurrency.

This is a complex investigation involving the theft of cryptocurrency, in an unregulated environment.  The stolencryptocurrency is being actively tracked by the Police and specialists worldwide due to the nature of the cryptocurrency blockchains being publicly available.

Excellent progress is being made in the investigation and we are working with Cryptopia management, current and ex-employees who have been providing valuable assistance in this part of the investigation.  We are working closely with our international partners and cybercrime experts to continue the investigation.

Cryptopia’s managers are on site at their Christchurch address and police are expected to finish at the premises by the end of next week (15/2/19). This investigation is expected to take a considerableamount of time to resolve due to the complexity of the cyber environment.



Weacknowledge that your primary concerns are essentially:


·          What has happened to my investment?   Is it currently safe?
·          When can I access my funds?
·          Will I ever be able to recover my funds/receiveany compensation if my coins have been stolen?


Thesetype of questions need to be addressed by Cryptopia management.   Whilst police continue to work alongside themto establish the facts of the security breach, we cannot give any commentary in respect of your primary concerns as they are company affairs for Cryptopia to address.

Werecommend you continue to check Cryptopia’s website and twitter page for company updates.



Yours Sincerely,



Investigations Team – Operation Crypto

C/- New Zealand Police

Christchurch

This information was already known earlier. I would like to know - how are things with Cryptopia now?

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p3ppymon
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February 11, 2019, 01:31:48 PM
 #2657

I can see that a limited amount of token has been inappropriately taken from cryptopia. Couple of days and he owners can make he money back.
If they delay customers to access funds and stuff like that, that is going to make cryptopia position worse as trust will sink in less than a blink of an eye.
Give people the possibility to cash out and then solve your issues.
Winstar78
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February 11, 2019, 04:05:24 PM
 #2658

what are you talking about.... a month has almost already passed...

that's nice this game: cryptopia: we cannot talk because of police - police: you must ask to cryptopia
pinoycash
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February 11, 2019, 04:38:57 PM
 #2659

what are you talking about.... a month has almost already passed...

that's nice this game: cryptopia: we cannot talk because of police - police: you must ask to cryptopia

Well i hope there's enough reason for their silence,

with regards to the feb 15 date given by the police i highly doubt they will resume operation on the same day. This could be another reason of waiting when cryptopia starts and create their own investigation drama.

DenysM
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February 11, 2019, 04:54:55 PM
 #2660

what are you talking about.... a month has almost already passed...

that's nice this game: cryptopia: we cannot talk because of police - police: you must ask to cryptopia

You will not hear anything from Cryptopia while research continues.
I assume that the study will take weeks (possibly months).
The worst is that we can not do anything and the exchange does not give any updates/news.
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