Bitcoin Forum
April 20, 2021, 08:54:31 PM *
News: Latest Bitcoin Core release: 0.21.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (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 ... 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] 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 ... 238 »
  Print  
Author Topic: Cryptopia Cryptocurrency Platform Services and Development  (Read 168065 times)
TheCryproMaster
Full Member
***
Offline Offline

Activity: 401
Merit: 104


View Profile
February 28, 2019, 07:36:15 AM
 #3021

Re-Opening Monday as read only. Why no reaction here???
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1618952071
Hero Member
*
Offline Offline

Posts: 1618952071

View Profile Personal Message (Offline)

Ignore
1618952071
Reply with quote  #2

1618952071
Report to moderator
1618952071
Hero Member
*
Offline Offline

Posts: 1618952071

View Profile Personal Message (Offline)

Ignore
1618952071
Reply with quote  #2

1618952071
Report to moderator
1618952071
Hero Member
*
Offline Offline

Posts: 1618952071

View Profile Personal Message (Offline)

Ignore
1618952071
Reply with quote  #2

1618952071
Report to moderator
four3200
Sr. Member
****
Offline Offline

Activity: 1204
Merit: 255



View Profile WWW
February 28, 2019, 08:00:15 AM
Last edit: February 28, 2019, 08:12:07 AM by four3200
 #3022

Re-Opening Monday as read only. Why no reaction here???

Wouldn't that be news you would broadcast loud and far?
Like at least HERE in service thread and on their front page
https://www.cryptopia.co.nz/

 Huh

Quote
Update: We are aiming to have the Cryptopia site re-opened as read only by Monday.

That means you can see what you lost, but you can not withdraw what you may still have.

Also no trading.

Which could have been possible 3 days after the fact.
Broadcasting what you still have in custody.

■▐ ▎▬▬▬▬▬▬ 7 YEAR CROWDSALE▐ ▎■BUY UNO ▬▬▬▬▬▬▐ ▎■
bigDog9kiloasicTALKTop-apocalypse#420jfa#PR0#form#coin#POSpoll#simpleDEX #open🐢
Labrader
Member
**
Offline Offline

Activity: 224
Merit: 24


View Profile
February 28, 2019, 08:50:17 AM
 #3023

If they decided to follow my advice, they could have done it sooner.

Quote from: Cryptopia
Cryptopia Exchange
‏ @Cryptopia_NZ
9h9 hours ago

Further to our news yesterday, we are pleased to announce the return of our both our founders Adam Clark & Rob Dawson back into Cryptopia, their focus will be to set a clear strategic direction moving forwards. More updates to come.

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

Quote from: Cryptopia
Cryptopia Exchange
‏ @Cryptopia_NZ
5h5 hours ago

Update: We are aiming to have the Cryptopia site re-opened as read only by Monday.
BenTheAnonMod
Jr. Member
*
Offline Offline

Activity: 70
Merit: 2


View Profile
February 28, 2019, 08:59:41 AM
Last edit: February 28, 2019, 09:12:35 AM by BenTheAnonMod
 #3024

If they decided to follow my advice, they could have done it sooner.

Quote from: Cryptopia
Cryptopia Exchange
‏ @Cryptopia_NZ
9h9 hours ago

Further to our news yesterday, we are pleased to announce the return of our both our founders Adam Clark & Rob Dawson back into Cryptopia, their focus will be to set a clear strategic direction moving forwards. More updates to come.

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

Quote from: Cryptopia
Cryptopia Exchange
‏ @Cryptopia_NZ
5h5 hours ago

Update: We are aiming to have the Cryptopia site re-opened as read only by Monday.


You seriously just basically said

Quote
"Why didn't they do the thing they are doing now when I said they should do it a day after the breach"
(when they didn't have access to their systems)

Amazing, At least you aren't screaming exit scam FUD anymore though so, small victories.
four3200
Sr. Member
****
Offline Offline

Activity: 1204
Merit: 255



View Profile WWW
February 28, 2019, 09:50:02 AM
Last edit: February 28, 2019, 10:05:13 AM by four3200
 #3025


You seriously just basically said

Quote
"Why didn't they do the thing they are doing now when I said they should do it a day after the breach"
(when they didn't have access to their systems)

Amazing, At least you aren't screaming exit scam FUD anymore though so, small victories.

The talker is back, where's my chicken?

So is that your confirmation that cryptopia has +$150M of customer assets;
yet does NOT have a read-only, off main server, account monitoring?

Do we need to suggest a couple dozen apps that can do this for FREE?

Also
Do custodial officers not know which keys are HOT and which are secured COLD stored?

This.
is.
block chain bitch!
and nothing is TRUE until craptopia proves they hold the keys.

A read-only BS html page can maintain the "Still securing the system to safely open" BS line to their muppet clients for months.

Exit scam until proof of we control the keys to our coins. (That means withdraws)
Exit scam until police publish proof of theft.
Exit scam until craptopia can demostrate proof of holdings.

■▐ ▎▬▬▬▬▬▬ 7 YEAR CROWDSALE▐ ▎■BUY UNO ▬▬▬▬▬▬▐ ▎■
bigDog9kiloasicTALKTop-apocalypse#420jfa#PR0#form#coin#POSpoll#simpleDEX #open🐢
Labrader
Member
**
Offline Offline

Activity: 224
Merit: 24


View Profile
February 28, 2019, 10:33:08 AM
 #3026

Amazing, At least you aren't screaming exit scam FUD anymore though so, small victories.
I suppose "you" is the plural form, as you, Ben (in the singular) won't find a single post from me saying exit scam. However, doing now what should have been done 5 weeks ago is hardly worth celebrating.

I'm eagerly awaiting the resolution of the theft in the single way honest: covered by Cryptopia. Only then we would be celebrating.

Do custodial officers not know which keys are HOT and which are secured COLD stored?
This is interesting ground for speculation. I must clearly say I'm only speculating, but they have acted as if it was an inside job, as if someone physically stole the keys. An associate, an employee or a contractor. Just speculation, I say again.
xtraelv
Legendary
*
Offline Offline

Activity: 1176
Merit: 1803


฿ear ride on the rainbow slide


View Profile
February 28, 2019, 10:44:01 AM
Last edit: March 01, 2019, 11:59:16 AM by xtraelv
 #3027

They have updated their twitter today.


Unofficial thread - announcements regarding the Cryptopia security breach.

EDIT TO ADD:


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.
btct22
Hero Member
*****
Offline Offline

Activity: 617
Merit: 502



View Profile
February 28, 2019, 10:56:04 AM
 #3028


I'm glad to hear they'll be back.. Didn't leave any coins on there thankfully.

Winstar78
Member
**
Offline Offline

Activity: 357
Merit: 11


View Profile
February 28, 2019, 01:37:21 PM
 #3029

read only.... why read only? What is it useful for?
sluppy
Legendary
*
Offline Offline

Activity: 2010
Merit: 1041



View Profile
February 28, 2019, 01:50:43 PM
 #3030

Amazing, At least you aren't screaming exit scam FUD anymore though so, small victories.
I suppose "you" is the plural form, as you, Ben (in the singular) won't find a single post from me saying exit scam. However, doing now what should have been done 5 weeks ago is hardly worth celebrating.

I'm eagerly awaiting the resolution of the theft in the single way honest: covered by Cryptopia. Only then we would be celebrating.

Do custodial officers not know which keys are HOT and which are secured COLD stored?
This is interesting ground for speculation. I must clearly say I'm only speculating, but they have acted as if it was an inside job, as if someone physically stole the keys. An associate, an employee or a contractor. Just speculation, I say again.

covered by what ? either they have insurance or they dont u cant get blood from a stone or are the shareholders liable ? im sure there is some small print that saves them from taking any personal losses.

I hope that this "everyone takes a 10% haircut" bullshit goes away thats not even possible for most coins on there that are pretty much illiquid dead with no real buy support so that would be a very uneven haircut.

This is also something that would have been nice to communicate if they have insurance to cover this  since they didn't ill assume they dont have it.



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
RafalZ
Jr. Member
*
Offline Offline

Activity: 60
Merit: 1


View Profile
February 28, 2019, 02:19:11 PM
 #3031

read only.... why read only? What is it useful for?

You can see if your coin balance is positive Grin
Labrader
Member
**
Offline Offline

Activity: 224
Merit: 24


View Profile
February 28, 2019, 04:00:04 PM
 #3032

covered by what ? either they have insurance or they dont u cant get blood from a stone or are the shareholders liable ? im sure there is some small print that saves them from taking any personal losses.
The company is liable 100% to the creditors, this includes people having coins on the exchange.

I hope that this "everyone takes a 10% haircut" bullshit goes away thats not even possible for most coins on there that are pretty much illiquid dead with no real buy support so that would be a very uneven haircut
This haircut BS is being peddled by users. No one from the exchange has mentioned a haircut (yet). So it's baffling that people are asking for a haircut. Or are trolls sent to get us acquainted with the idea.

If you are not a troll, then it's plain stupid on your part to ask for a haircut. You, as users, should oppose any haircut.
pinoycash
Hero Member
*****
Offline Offline

Activity: 1218
Merit: 514



View Profile WWW
February 28, 2019, 04:55:19 PM
 #3033

covered by what ? either they have insurance or they dont u cant get blood from a stone or are the shareholders liable ? im sure there is some small print that saves them from taking any personal losses.
The company is liable 100% to the creditors, this includes people having coins on the exchange.

I hope that this "everyone takes a 10% haircut" bullshit goes away thats not even possible for most coins on there that are pretty much illiquid dead with no real buy support so that would be a very uneven haircut
This haircut BS is being peddled by users. No one from the exchange has mentioned a haircut (yet). So it's baffling that people are asking for a haircut. Or are trolls sent to get us acquainted with the idea.

If you are not a troll, then it's plain stupid on your part to ask for a haircut. You, as users, should oppose any haircut.

Mind conditioning, I will not accept any Haircut loss to cover any loss of other tokens. Crytopia should be the one to cover their losses.

The read only mode on monday is good development so far but still i am waiting for the day that i can finally withdraw my money and move on from this mess.

digit
Legendary
*
Offline Offline

Activity: 1664
Merit: 1008



View Profile
February 28, 2019, 10:24:18 PM
 #3034

Cryptopia afaik has never said anything about haircuts. There are many ways to move forward and be a win-win for everyone.

Who remembers Bitfinex hack? They paid back what they owed with the BFX token and with shares. This is crypto after all, it allows creative solutions that benefit everyone.

Protect yourself and Use NO KYC exchanges, See the list here...  ■
BTC:1DigitwteXwFcRAaWpVDRp6eKqzC6y9tgm ■ ŁTC:LKMcEHoFWHAUoRscqW1cwjhLgFrk7MgCWU ■
sluppy
Legendary
*
Offline Offline

Activity: 2010
Merit: 1041



View Profile
March 01, 2019, 12:45:45 AM
 #3035

Cryptopia afaik has never said anything about haircuts. There are many ways to move forward and be a win-win for everyone.

Who remembers Bitfinex hack? They paid back what they owed with the BFX token and with shares. This is crypto after all, it allows creative solutions that benefit everyone.

Yes but there is a Huge difference between Bifinex and Cryptopia also how they handled the aftermath so I dont see this was a valid comp.




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
sluppy
Legendary
*
Offline Offline

Activity: 2010
Merit: 1041



View Profile
March 01, 2019, 12:48:27 AM
Last edit: March 01, 2019, 04:05:34 AM by sluppy
 #3036

covered by what ? either they have insurance or they dont u cant get blood from a stone or are the shareholders liable ? im sure there is some small print that saves them from taking any personal losses.
The company is liable 100% to the creditors, this includes people having coins on the exchange.

The company yes but does the company have enough value to cover the losses. Is cryptopia worth 20 mln after this ?
The shareholders im talking about is the people that own  cryptopia there is a list of them their shares can go to zero but I highly doubt they are running a personal risk.

I hope that this "everyone takes a 10% haircut" bullshit goes away thats not even possible for most coins on there that are pretty much illiquid dead with no real buy support so that would be a very uneven haircut
This haircut BS is being peddled by users. No one from the exchange has mentioned a haircut (yet). So it's baffling that people are asking for a haircut. Or are trolls sent to get us acquainted with the idea.

If you are not a troll, then it's plain stupid on your part to ask for a haircut. You, as users, should oppose any haircut.

Offcourse I oppose the haircut .. im not paying for someone elses incompetence.

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
ankit10
Sr. Member
****
Offline Offline

Activity: 952
Merit: 267



View Profile
March 01, 2019, 02:58:31 AM
 #3037

Another update on Twitter: We have transitioned 24% of all wallets to our new secure servers.  Once the read only site is online, we will be keeping users up to date on which wallets have been checked and secured via the coin info page.
https://twitter.com/Cryptopia_NZ/status/1101275730372059136?s=17

New secure server LoL 😂
pinoycash
Hero Member
*****
Offline Offline

Activity: 1218
Merit: 514



View Profile WWW
March 01, 2019, 05:08:11 AM
 #3038

Another update on Twitter: We have transitioned 24% of all wallets to our new secure servers.  Once the read only site is online, we will be keeping users up to date on which wallets have been checked and secured via the coin info page.
https://twitter.com/Cryptopia_NZ/status/1101275730372059136?s=17

New secure server LoL 😂

They are seeing the implication of being silent all this time and now they decided to keep everyone in the loop on what they are doing.  Im assuming top coins are being secured first then hopefully they will allow withdrawals on those 24% secured wallet

xtraelv
Legendary
*
Offline Offline

Activity: 1176
Merit: 1803


฿ear ride on the rainbow slide


View Profile
March 01, 2019, 01:07:34 PM
Merited by vapourminer (1)
 #3039

Another update on Twitter: We have transitioned 24% of all wallets to our new secure servers.  Once the read only site is online, we will be keeping users up to date on which wallets have been checked and secured via the coin info page.
https://twitter.com/Cryptopia_NZ/status/1101275730372059136?s=17

New secure server LoL 😂

They are seeing the implication of being silent all this time and now they decided to keep everyone in the loop on what they are doing.  Im assuming top coins are being secured first then hopefully they will allow withdrawals on those 24% secured wallet

They have only had access to their building and servers since the 14th of February - as indicated in their tweet. (A day before what the police announced in their news release) . Before that time they had little information. A lot of the information that was provided was drowned out by other comments.


https://www.police.govt.nz/news/release/police-continue-make-progress-cryptocurrency-investigation

A search and seizure warrant was executed on their premises and server under the Search and Surveillance Act 2012. This would have given the police wide ranging powers of investigation and as the police indicated Cryptopia technical staff fully co-operated and assisted with the forensic investigation. From a police viewpoint they would have ensured they had the maximum legal authority to conduct the investigation due to the value involved (Crimes over $1 million being a serious crime in NZ) and affecting a large number of people. This would have also given them search powers over any servers of third party providers and hosts.

Unofficial thread - announcements regarding the Cryptopia security breach. is a complete list of official announcements by the New Zealand police and Cryptopia on the situation.  It has not been silence but announcements were infrequent.

While their communication probably could have been better they really didn't have much they could talk about.  Now that they have access to their building and servers again . (I'm assuming they got access to all their servers again) they have the ability to assess, secure and re-open. Keep in mind that their administrative staff were on administrative leave and probably knew as much as members of the public.

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.
Winstar78
Member
**
Offline Offline

Activity: 357
Merit: 11


View Profile
March 01, 2019, 01:27:31 PM
 #3040

Just a clarification:

I am not saying I want an haircut. The haircut is only better of bankrupcy, in case of cryptopia could not cover losses, in that case moving, for example, a lawsuit to try to squeeze the lacking 10% and resulting to a fund seizure (for all) for years. I am only over thinking or thinking to far future because I've seen all this already happen, not much time ago.

1) cryptopia covers losses <- best option, it HAS to cover if can

2) haircut <- NO if 1) is possible

3) lawsuit to try to obtain 100% <- stupidest option if 2) is possible.
Pages: « 1 ... 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] 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 ... 238 »
  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!