Cryptopia exchange hacked

[roughswap]

Have they said what coins were taken, i had crypto in there hopefully everything gets sorted and our coins returned.

Last thing i needed to be honest

[qiman]

I used to trade here with my Wife a long time ago and we both thought it was a pretty decent exchange. I do remember my wife getting hacked when they login-ed to her account as the emails all got stolen or even maybe sold. Not sure if these hacking are an inside job from technical staff working within the exchange and they tip off fellow hackers, or the exchanges are being randomly attacked in turn by North Koreans. Kim JONG UNS Regime has collected last year alone over 200 million dollars worth of Bitcoin just from hacking exchanges in Crypto and individuals. Anyway I hope something is sorted for the losers who lost their money here and they get compensated in due course.

[samuraijin]

Damn Cryptopia was my favorite exchange to trade unpopular cryptocurrencies, luckily I don't have any kept assets. Everyone should be aware of the exchanges isn't a safe place to store assets, it is already been my habit to only use exchange only to trade then transfer it to somewhere else where I could control fully the private keys. I hope with the recent hack cryptocurrencies security awareness are improving, and I expect developer could urge the decentralized exchange development.

This is an old game and very often happens, even bigger exchanges can be hit hacked, in my opinion there are two guesses, it can also be hackers and can be insiders, that they know that Bitcoin will reach higher prices later, and You know that many ICO projects have ended their projects Scam, so it's all back to the time when Bitcoin grew in the past year ...

So be careful with trade that does not have KYC even though almost all trades have implemented the method ...

[mahibul49]

i am waiting for the report .i hope police will hunt them and catch them and i can say that exchange should add more security and can store user fund to cold storage.and finally i can say its really bad news for crypto holder.

[adzino]

I hope people who were using this exchange as a wallet learned their lesson. Sad to hear such news. People rely on online exchanges to trade their coins between other coins. But unfortunately, exchanges are never safe and no matter how much they keep on shouting and boasting about their security, they are in one way or other vulnerable to hacks.

I used to trade here with my Wife a long time ago and we both thought it was a pretty decent exchange. I do remember my wife getting hacked when they login-ed to her account as the emails all got stolen or even maybe sold. Not sure if these hacking are an inside job from technical staff working within the exchange and they tip off fellow hackers, or the exchanges are being randomly attacked in turn by North Koreans. Kim JONG UNS Regime has collected last year alone over 200 million dollars worth of Bitcoin just from hacking exchanges in Crypto and individuals. Anyway I hope something is sorted for the losers who lost their money here and they get compensated in due course.

Didn't the exchange have some sort of extra security layer like 2FA in order to protect user account if they get hacked?

[jhongzjhong]

I don't know what is the reason why Cryptopia exchange has been a hacked. In this generation, new techniques and practices of security are too established for a platform to be hacked. The only thing hackers could hack a system is to be an insider. I wonder how did the hacker secretly hacked the security of Cryptopia. By the way, may we know which coins were affected and do you guys have a piece of elaborated information on the losses?

Another thread of complaint regarding Cryptopia exchange, https://bitcointalk.org/index.php?topic=5097854.msg49266441#msg49266441

[roughswap]

Yes there was an extra layer of verification when you log in or send coins i think.

Has anyone got a contact email for Cryptopia or do they have a account on here?

[bitcoinsc]

I put my coins in different exchanges in case things like this happens. Still it's alot of money I'm holding in cryptopia. More than a month of rent!

[roughswap]

Maybe not the last thing i needed but is a piss off, i just hope things are ok seems like its a load of ether and other coins,
does Cryptopia have a account on the forums?

[Landak]

Every year there is always news about hacked market exchanges. it's like something that happens every year, why? I don't know why haha
bad thing will happen after this, it is possible that no one believed in cryptopia.

[romelitounknown]

Sad to see people losing their hard earned money just because of some very selfish thiefs. I just hope it wasn't an inside job . I advice not to put all your coins in only one exchanges as much as you can.

[juragane]

another exchange gone down! by the way, what type of breach was that? any detailed information?

theft can occur anytime and anywhere.
 about hackers in exchange may be possible because the exchange agent is not careful in making exchanges, or perhaps the security system from the exchange is still weak.
 because criminals all over the world will definitely do various ways to do their crime mode, so we as traffickers must be very careful before we make the exchange. use a security system that has been proven safe.

[ethereumhunter]

I hope cryptopia can take responsibilities for that case and if the loss was related with the member, then they have to replace it. Only by doing that, their member will not leave the exchange, and they can fix their reputations among their member. Besides that, they need to fix the bug that is on their site so it will not happen again in the future. It is important always to check the security of the site to make sure our customer feel comfortable to stay at our site, and we need to make sure they are satisfied with our services.

[rdbase]

i am waiting for the report .i hope police will hunt them and catch them and i can say that exchange should add more security and can store user fund to cold storage.and finally i can say its really bad news for crypto holder.

Someone said some of the coins which were taken during the hack were traced and ended up in a binance account where I  believe they were thinking of trading for bitcoin then move them off the exchange.
Binance confirmed they were transferred to their exchange but from who they were not saying.
To move that much off their exchange you would need a kyc verified account with them. So hopefully they will know who was the one who hacked cryptopia and tried to exchange them on binance.

[NavI_027]

After this hack ppl will pull out of crypto. Expect a crash. Damn

This is only an isolated case so I think it will not produce a great effect in the market status. The money robbed by the hackers is only a small quantity compared to the summed up assets from all the exchanges and hodlers around the world. But I'm not saying that a crash or large dip is not impossible due to the panic this issue created. Hence, people, especially the weak holders tend to sell their coins. I just hope this won't happen because I'm really craving for the bull run.

[jcmansah7]

I also read about this news and i was very disturbed looking at the amount of money some crypto enthusiasts might have lost on that exchange myself. I know most people really don't like the idea of saving funds at exchanges but if you are a day trader it becomes one thing to save your funds on exchange wallets. I hope the current exchange platforms that are being developed would be secured enough to prevent situations like these.

[adhirahman64]

whether the attack is large and can make the cryptopia close?

[Bagaji]

After this hack ppl will pull out of crypto. Expect a crash. Damn

Cryptopia exchange cannot have such major impact on bitcoin crash as we all know that they are not big exchange. This exchange sometime ago was not too good as i spent out the reasons why i will not keep my coins but others never see this as a big challenge. Hope they give out details of the hack and what has been lost from the hack.

[entebah]

Yes, I feel very concerned for the Cryptopia market because of hacking done by thieves, especially the Cryptopia market is a very good market like other markets, I really condemn the thief's actions, hopefully the Cryptopia market can recover soon.

[JPSelzer]

This once again proves that it is not safe to keep your funds on the exchange. No one is protected, even the best and most reliable exchange can be hacked. Be careful.