Cryptopia has announced on its Twitter account that it will go out of business and David Ruscoe and Russell More from Grant Thornton New Zealand were appointed as liquidators of Cryptopia Limited. David Ruscoe said they will conduct a thorough investigation, working with several different stakeholders including management and shareholders, to find the solution that is in the best interests of customers and stakeholders.
A cryptocurrency exchange headquartered in New Zealand, Cryptopia has recently resumed its trading on 40 trade pairs. They also planned to increase the list of coins in the future following the announcement of their plan to reopen its trading platform. Previously, Cryptopia has suspended its service due to the major hacking incident which has resulted in significant losses.
Cryptopia, a New Zealand based cryptocurrency exchange which recently suffered from massive hack which managed to get private user keys and lost around $2.5 million in the breach, has announced in a tweet that the Cryptopia site will now re-open as read-only on March 5. Earlier they have announced that it had secured all wallets individually & 24% are moved to new servers.
Cryptopia Exchange has recently shared that they will reopen its exchange on March in reading the only mode which means the users only allowed to see but not “touch” their funds – or lack of funds. Approximately around $23 million of the exchange’s total funds are thought to be stolen from the exchange and it was suspected to be the attack from “inside job”.
AurumCoin, an open-source crypto to be backed by gold, issued a notice on its website that the Cryptopia exchange was attacked and the AU coins were missing from the wallet. The notice highlighted that a total of 15,752.26 AU went missing from the Cryptopia wallet. Reportedly, the exchange encountered a 51% attack.
The cryptocurrency exchange headquartered in New Zealand, Cryptopia has recently announced that they are planning to start maintenance “due to unforeseen circumstances” on its official Twitter account. Cryptopia has been receiving numerous of complaints from clients regarding its unanswered ticket or the update of the client’s transaction that is still “stuck in progress.” However, the exchange holds 79th position by trading volume.
Cryptopia Exchange has declared the launch of TokenPay. The exchange enables users to deposit and withdraw TPAY. The exchange is to offer trading pairs such as TPAY/ BTC, TPAY/LTC, and TPAY/DOGE. The TPAY is ranked at the 193rd position on a chart revealed by CoinMarketCap. The exchange has also added other coins such as ZEST, PROOF, GINcoin, Quasarcoin, and BlitzPredict.