Tagged: cryptopia

Failed Cryptopia Exchange Granted Order Preserving Access to Customer Data

A court in the Southern District of New York has granted provisional relief to defunct New Zealand cryptocurrency exchange Cryptopia as it attempts to maintain access to customers’ trading balance data managed by an Arizona firm claiming the exchange owes it $2 million USD. Cryptopia… Read More

Founder of Cryptopia, New Zealand Crypto Exchange Felled by Hackers, Readying New Exchange

Adam Clark, a self-taught programmer who founded the now liquidating “decentralized” cryptocurrency exchange Cryptopia, already has a new exchange in the works, Decrypt Media has found. Clark’s LinkedIn profile lists him as “Platform Architect / Lead Developer at Assetylene.co,” a company in September of last year… Read More

Shuttered Cryptopia Exchange Says it Cannot Guarantee Return of “Crypto Assets” or Fiat Balances to Customers

Liquidating New Zealand crypto exchange Cryptopia has announced that it has halted trading and frozen customer assets and balances, “In order to… get an accurate picture of the current situation.” Accordingly, no withdrawals of fiat or crypto will be permitted by the exchange until, “…an… Read More

Hacktopia: Report Indicates Cryptopia May Re-Open as High Tech Crime Group Gives Permission

Hacked cryptocurrency exchange Cryptopioa has been given a green light to re-open its platform, according to a report in The New Zealand Herald. Authorities of the local Police’s High Tech Crime Group are quoted on the permission. Detective Inspector Greg Murton stated: “We have finished the… Read More

New Zealand Police Say They’re Making “Excellent Progress” Investigating Hack on Cryptopia Exchange; Experts Question Those Claims

Police in New Zealand have issued a press release stating their investigation of a prolonged hack on the Cryptopia cryptocurrency exchange, “is progressing well and advancing on several fronts.” But according to online publication Stuff, Auckland University associate professor of commercial law, Alex Sims, has contradicted those… Read More

Prolonged Hack on New Zealand Cryptopia Exchange Continues

Researchers at blockchain forensics firm Elementus who extensively documented the days- long, $16 million USD hack against New Zealand-based crypto exchange Cryptopia two weeks ago now claim that the same hacker has struck again at Cryptopia. According to Elementus, “Though Cryptopia remains silent…” about the… Read More

Analysts Claim Cryptopia Exchange Watched Powerless for Days as Hackers “Drained” $16 Million from Crypto Hot Wallets

Blockchain data analysis firm Elementus has published stunning claims regarding last week’s hack on the New Zealand Cryptopia cryptocurrency exchange. Little information regarding the scope or nature of the attack has so far been issued by Cryptopia itself or New Zealand police. Two days ago,… Read More

Police Confirm Amount Hacked from New Zealand Cryptocurrency Exchange Cryptopia “Significant,” Investigation Continues

New Zealand cryptocurrency exchange Cryptopia went dark this week after “suffer(ing) a security breach which resulted in significant losses,” on Monday: The exchange is still offline this morning and all trading suspended pending “maintenance.” New Zealand Police issued a press release today regarding the hack stating… Read More

Exchange Rankings Shake Up: Researchers Say Two-Thirds of Crypto Trade Volume is Fake

Two-thirds of all trade volume in crypto- or $6 billion dollars per day- is faked, say researchers at the Blockchain Transparency Institute (BIT), and many of the world’s “top” crypto exchanges aren’t even coming close. The researchers made their conclusions after comparing the order books… Read More

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