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Author Topic: Cryptopia - BOOM another one gone - where are those decentralised exchanges  (Read 285 times)
cryptohunter (OP)
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January 15, 2019, 01:50:40 PM
 #1

who lost some BTC there?

Will they be back or gone for good. At least these people are known are they not?

I wonder what will be left when they re-open? if they re-open.

Time for people to wake up and realise these centralised exchanges are just sitting ducks. You never know when they will be hit next.

Time for the decentralised exchanges to take over and people start to use those.

Who here uses any of the decentralised exchanges?

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January 15, 2019, 01:58:30 PM
 #2

who lost some BTC there?

Will they be back or gone for good. At least these people are known are they not?

I wonder what will be left when they re-open? if they re-open.

Time for people to wake up and realise these centralised exchanges are just sitting ducks. You never know when they will be hit next.

Time for the decentralised exchanges to take over and people start to use those.

Who here uses any of the decentralised exchanges?

I lost some, but I expected those to be lost, shitcoins that lost 95-98% from the moment I bought them.

Raised red flag in February 2018 when they hijacked thousands of $ in coins, thus hijacking the weekly compounded airdrops.


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January 15, 2019, 01:58:48 PM
 #3

Hi there! We are big fans of decentralized exchanges! We try etherdelta, forkdelta, radar delay and of course our own. Smiley The future is bright for DEXs, seeing this huge hack series continuously.  

Join us in this epic financial revolution! - TREX.ORG - The decentralized exchange
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January 15, 2019, 02:03:57 PM
 #4

What happened to cryptopia? Not working any more. Thank God I stopped trading in that exchange for a while now.

Looking for binance to launch their DEX in Feb 2019,will make the use of decentralized exchanges more.

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January 15, 2019, 02:05:06 PM
 #5

I don't know what is up with Cryptopia and only used them a couple of times and have no coins there at all. But speaking about decentralized exchanges, I am a big fan of them and I wish they can do better but some decentralized exchanges are just bad and have a lot of problems that can lead to huge loss in money for traders there too. But there are really good decentralized exchanges that I use on a daily bases too. so ya until now there is no perfect solution for us yet.
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January 15, 2019, 02:06:52 PM
 #6

I don't know what is up with Cryptopia and only used them a couple of times and have no coins there at all. But speaking about decentralized exchanges, I am a big fan of them and I wish they can do better but some decentralized exchanges are just bad and have a lot of problems that can lead to huge loss in money for traders there too. But there are really good decentralized exchanges that I use on a daily bases too. so ya until now there is no perfect solution for us yet.

Last year, etherdelta was "hacked" by same hackers who "hacked" now cryptopia.

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January 15, 2019, 02:16:03 PM
 #7

what's with cryptopia I just read the news that the market was hacked, is that true?
I have a few Assets there, but maybe it's not much because the price has been destroyed. for those who have large assets there it must be very painful.
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January 15, 2019, 02:40:46 PM
 #8

What a surprise. I guess they're gone. Perhaps in a year or two when the prices will take off they will pay off losses to ther customers based on nowadays prices. To be honest the details are so suspicious, so I think that it's a scam scheme, probably somebody from inside.
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January 15, 2019, 02:50:19 PM
 #9

what's with cryptopia I just read the news that the market was hacked, is that true?
I have a few Assets there, but maybe it's not much because the price has been destroyed. for those who have large assets there it must be very painful.

Unfortunately it is true, they were hacked and money (valuable tokens) were carted away without any troubles

It is a painful event in the Cryptocurrency word and what is the way out of this mess ?
How to prevent such hacks ?
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January 15, 2019, 02:55:27 PM
 #10

what's with cryptopia I just read the news that the market was hacked, is that true?
I have a few Assets there, but maybe it's not much because the price has been destroyed. for those who have large assets there it must be very painful.

Unfortunately it is true, they were hacked and money (valuable tokens) were carted away without any troubles

It is a painful event in the Cryptocurrency word and what is the way out of this mess ?
How to prevent such hacks ?

You are asking like, how to avoid robbery? there is no way we can stop or prevent it unless everybody stops doing it. But will they stop doing it?
their logic is: it is very easy to get money by hacking other people bank account or robbing other people wallet. Why would we need to stop it, if we can get rich by doing it?

Cryptopia lost a lot in the process, and I am totally sure. It is the end for them. Speaking about a decentralized exchange, I made a few transactions on Cryptobridge. It is fun but quite laggy for me.
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January 15, 2019, 03:21:09 PM
 #11


Who here uses any of the decentralised exchanges?
I am a decentralized exchange user. but i think decentralization exchanges might be good but that is not a long-term solution. there are many different blockchain networks nowadays so it seems difficult to implement a fully decentralized exchange. we can only hope that there will be no problem with hacking exchanges.
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January 15, 2019, 03:27:44 PM
 #12

Crypto Pia has always been a shit exchange even in the best if times, all you need to do is to go online to see reviews of users and you wouldn't even want to register in the exchange platform.

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January 15, 2019, 03:28:08 PM
 #13

I don't know what is up with Cryptopia and only used them a couple of times and have no coins there at all. But speaking about decentralized exchanges, I am a big fan of them and I wish they can do better but some decentralized exchanges are just bad and have a lot of problems that can lead to huge loss in money for traders there too. But there are really good decentralized exchanges that I use on a daily bases too. so ya until now there is no perfect solution for us yet.

Last year, etherdelta was "hacked" by same hackers who "hacked" now cryptopia.
Is this for real? and where from you got that news? Nothing has been mentioned if this hacker is the same person who has already hijacked etherdelta's DNS.
Another million dollars being stolen by hackers.
I just curious about is there a piece of news about that? Can you tell me the source?

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January 15, 2019, 03:33:41 PM
 #14

I guess i am lucky i have never used the cryptopia exchange, and that's why i have not lost anything. But that doesn't mean the exchange i use can not be hacked.
These hackes should be solved as soon as possible. Trust is running out.

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January 15, 2019, 03:34:34 PM
 #15

What happened to cryptopia? Not working any more. Thank God I stopped trading in that exchange for a while now.

Looking for binance to launch their DEX in Feb 2019,will make the use of decentralized exchanges more.

I am also looking forward for that DEX from a well known trading platform like Binance. That is more secured specially they are backed up by the said exchange so I am pretty sure that most of the exchanges will follow the footsteps of binance if this DEX becomes successful. I am only thinking that the government will be given a hard time on how they regulate such DEX if millions are using it right? I am also a big fan of DEXs because I felt safer not giving my personal information.
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January 15, 2019, 03:34:48 PM
 #16

I don't know what is up with Cryptopia and only used them a couple of times and have no coins there at all. But speaking about decentralized exchanges, I am a big fan of them and I wish they can do better but some decentralized exchanges are just bad and have a lot of problems that can lead to huge loss in money for traders there too. But there are really good decentralized exchanges that I use on a daily bases too. so ya until now there is no perfect solution for us yet.

Last year, etherdelta was "hacked" by same hackers who "hacked" now cryptopia.
Is this for real and where from you got that news? Nothing has been mentioned if this hacker is the same person who has already hijacked etherdelta's DNS.
Another million dollars being stolen by hackers.
I just curious about is there a piece of news about that? Can you tell me the source?

It is for real, check it out here https://decryptmedia.com/4495/cryptopia-hacked-etherdelta-2-5million

Quote
In fact, when examining blockchain records, it may have been the same hacker that stole tens of thousands of dollars worth of ETH back in 2017 by lifting private keys from decentralized exchange Etherdelta. Some ETH from the source of funds used for the Etherdelta attack was sent to the same address as a likely recipient of the Cryptopia hack. And it’s a rather suspicious address indeed.

On January 13, 19,390 ETH was sent from a Cryptopia exchange-owned wallet to this address, alongside smaller payments of 1,280, 75 and four ETH. What’s unusual about this recipient’s account is that since that payment, around 75,000 small transactions have been sent to it—all in the last 15 hours. The source of the payments come from other exchanges including Kraken, Binance and Nanopool.

However, one inbound payment caught our eye. If you click on this transaction, and look to the source of its funds, you end up at this address. This was identified as the source of funds for the 2017 Etherdelta attack in this investigation by Hackernoon. Included in the comments on Etherscan, many have left messages asking for funds to be returned as well as one calling for a hit on the hacker. Clearly people are angry but it looks like many haven’t learned their lesson. On January 3, the crypto community were told again and again to take their coins off exchanges as part of a movement led by Tone Vays. Perhaps they were tone deaf instead.

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January 15, 2019, 03:36:59 PM
 #17

So what actually got taken? anyone knows this yet?

I hope this is going to get made totally transparent and looked into.

I see no reason for them just to vanish and not let others with coins that were not taken withdraw.

I see some claiming this is an internal scam or exit scam.

Any evidence or just talk atm?

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January 15, 2019, 03:37:30 PM
Last edit: March 03, 2024, 03:32:35 AM by Little Mouse
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CryptoAlphaStar
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January 15, 2019, 03:38:23 PM
 #19

BOOOOM - my Skycoin is gone. I was hearing some bad words about Cryptopia for a long time, but nothing more than the usual exchange FUD and complaints by a few but vocal dissatisfied customers. I am really surprised to see that exchange fail. It seemed one of the good ones.
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January 15, 2019, 03:46:34 PM
 #20

What happened to cryptopia? Not working any more. Thank God I stopped trading in that exchange for a while now.

Looking for binance to launch their DEX in Feb 2019,will make the use of decentralized exchanges more.

I am also looking forward for that DEX from a well known trading platform like Binance. That is more secured specially they are backed up by the said exchange so I am pretty sure that most of the exchanges will follow the footsteps of binance if this DEX becomes successful. I am only thinking that the government will be given a hard time on how they regulate such DEX if millions are using it right? I am also a big fan of DEXs because I felt safer not giving my personal information.
When we have decentralized exchange it will make more people to trade a lot because lot of people afraid to give their personal information to pass daily limit to the maximum level.Governments don't have any interruptions hopefully because we have already some DEXs working without any hassle.

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