New Zealand

With New Zealand Exchange Cryptopia in the midst of a liquidation process, hackers seem to consider it an easy victim. Despite it being under the supervision of Grant Thornton liquidators, criminals have stolen over $40,000.

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.

New Zealand (NZ)-based cryptocurrency exchange Cryptopia Ltd recently appointed two liquidators, David Ruscoe and Russell Moore, from one of the globe’s biggest professional firms that offer assurance, tax and advisory services.

The New Zealand (NZ)-based Cryptopia, a cryptocurrency exchange platform that was badly hacked two times in one month of January 2019, has declared that it has officially resumed its normal trading activities. The exchange recommenced trading on 40 trade pairs more than 60 days after losing millions of dollars to hackers.

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.

If you have been affected by the Cryptopia hack in New Zealand (NZ), then this information is important for you. Through the official Discord channel of the exchange, its confirmed that the building is now back in Cryptopia’s hands. So far, thousands of Cryptopia victims are not accessing their funds and it seems this may happen for quite long. The crypto exchange was hacked twice in a period of two weeks.

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.

New Zealand Police continue to excellently investigate the Cryptopia hack that took place on Monday, January 24, 2019. Via an official press release, the Police revealed on Feb 7, that the probe is progressing on well. Cryptopia is a cryptoasset exchange that is based in New Zealand.