Search results for cryptopia

The former Cryptopia employee, whose identity was not revealed for security reasons, was charged for the theft of customer data and stealing about $250,000 worth of cryptocurrencies when he appeared in Christchurch District Court on July 5. The man was later released on bail until the final trial on October 20, 2021.

The story of the notorious New Zealand-based Cryptopia exchange seems to have finally come to an end. On April 8, the High Court in Christchurch arrived at a verdict that all stolen funds are a property of the company’s customers. Thus, people might finally get their money back.

The popular New Zealand (NZ)-based cryptocurrency exchange Cryptopia was unexpectedly attacked twice by anonymous hackers in January who run away with more than $18 million worth of cryptocurrency from around 80,000 wallet addresses. From the complicated liquidation actions being conducted by Grant Thornton, an update for all account holders was announced.

Whale Alert, a twitter account that automatically and manually records weighty cryptocurrency transfers for the social media platform ecosystem, uncovered that just over $250 thousand of stolen Ethereum (ETH) from the hacked New Zealand (NZ)-based cryptocurrency exchange Cryptopia, finally moved on Tuesday May 21.

The latest update from Cryptopia shows that a “read-only” site for all existing users will be live on Tuesday this week. According to the update, the current customers are advised to use the site in order to reset their passwords and 2FA credentials to get ready for the live relaunch of the crypto exchange platform. Existing users at this time can’t trade, deposit, or withdraw their funds.

New Zealand (NZ)-based crypto exchange giant Cryptopia has issued an update concerning how much funds were lost during the hack of January 2019. According to the latest update, the company sat down and calculated all its holdings in a worst-case scenario and discovered 9.4% of their total crypto assets were lost to malevolent hackers.

After the hack that saw over $16.2 million illegally stolen from New Zealand’s hacked cryptocurrency exchange, police in New Zealand has given the go-ahead to Cryptopia, a crypto exchange that was recently hacked, to reopen and start operating at any time it's ready, according to a report on Wed February 13, 2019, by the New Zealand Herald, a local news outlet.

Cryptopia – a crypto exchange platform based in Switzerland, was badly hacked on Monday, January 14, 2019, and has again faced another significant loss of money from the same hackers, just 2 weeks later.

After the heavy loss from the hacked Cryptopia cryptoasset exchange, around 40 individuals have come out to reclaim their funds, according to Radionz, a New Zealand-based news outlet. Cryptopia is the first crypto exchange platform to endure hack crises in this very year. After the distinct event, police have started looking into the matter and the total amount of money that has been stolen.