Cryptopia – Page 2

Cryptopia Liquidator Determining Pooled Wallet Crypto Ownership

The liquidator of hacked cryptocurrency exchange Cryptopia claims to have made significant progress in securing and preserving funds

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Cryptopia Suits Gather Steam as Another Failed Exchange Is Bound for Court

Cryptopia Suits Gather Steam as Another Failed Exchange Is Bound for Court When cryptocurrency exchanges fail, a seismic shock shudders through the cryptosphere. With thousands of users, from traders to companies, left out of pocket, litigation is inevitable in a bid to claw back some of the losses. Cryptopia is the latest in a long line of exchanges to face a litany of lawsuits from anguished creditors. […]

The post Cryptopia Suits Gather Steam as Another Failed Exchange Is Bound for Court appeared first on Bitcoin News.

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Liquidators of Hacked Cryptopia Exchange Release Report, Note $4.2M Owed to Creditors

Liquidators of now-defunct New Zealand crypto exchange Cryptopia have released the first report on the state of affairs of the firm

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The Cryptopia Nightmare Drags on as Liquidators Struggle to Reimburse Hacked Users

Have the dangers of centralized exchange custody been exposed? Auditors battle for the release of Cryptopia user data kept on third-party servers

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Cryptopia Liquidator Files for User Data Protection at US Court as Process Continues

The Cryptopia liquidation process could soon gain formal U.S. recognition after Grant Thornton filed for urgent interim relief

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Cryptopia’s Lack of a Backup Database can Cost Users Another $2 Million

TheMerkle Cryptopia Account Locked There is never a shortage of controversy in the cryptocurrency world. Following its hack earlier this year, there have been a lot of questions regarding Cryptopia and how things would move on from there. So far, it seems little to no real progress has been made, and things are even worse than initially assumed. In a recent reveal, it became apparent the company doesn’t even have a backup of its hacked database, as that is controlled by a third party. That third party is owed some money by the exchange as well. Cryptopia Woes Worsen Over TIme It is never

The post Cryptopia’s Lack of a Backup Database can Cost Users Another $2 Million appeared first on The Merkle Hash.

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Cryptopia Cracked: Are Centralized Exchanges the Way to Go?

Cryptopia’s liquidation serves to warn crypto traders of potential risks surrounding centralized exchanges

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ETH Stolen From Crypto Exchange Cryptopia Moved, Portion Deposited on Exchange

Of the ether stolen from hacked New Zealand-based cryptocurrency exchange Cryptopia, a portion has been moved and deposited to a different crypto exchange

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Hacked New Zealand Exchange Cryptopia Appoints Liquidators, Trading Suspended

Hacked New Zealand-based cryptocurrency exchange Cryptopia has gone into liquidation and suspended trading services

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RIP Cryptopia? Services Halted and Liquidators Appointed

After confirming a hack back in January where the New Zealand based exchange lost over 9% of its holdings, Cryptopia has once again shut down its services after an 8 hour downtime this time for good. Visiting the official Cryptopia website, users are greeted with the following message: “David Ruscoe and Russell Moore from Grant Thornton New Zealand were yesterday appointed liquidators of Cryptopia Despite the efforts of management to reduce cost and return the business to profitability, it was decided the appointment of liquidators was, in the best interests of customers, staff and other stakeholders. The liquidators are focused

The post RIP Cryptopia? Services Halted and Liquidators Appointed appeared first on The Merkle Hash.

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