Ever since the Cryptopia trading platform got hacked, users have been wondering when things will improve. That question is very difficult to answer right now. The investigation is still ongoing. Even so, it seems some of the stolen funds were drained a slate as the day prior to the investigation. Additionally, some money went missing in the first days of the investigation as well. Cryptopia Hack is More Worrisome Than Anticipated It is never good to learn a cryptocurrency exchange gets hacked. In most cases, money will be stolen. This is bad news for users of said trading platform. Either their balances are empty orPowered by WPeMatico
Details have so far been murky regarding millions of dollars worth of tokens stolen from New Zealand-based cryptocurrency exchange Cryptopia on Jan. 14. But data company Elementus has been investigating and now says the hack was different from previous attacks of this nature – and the amount stolen is much higher than originally thought. Also […]
As the maxim goes, bear markets are good for building out cryptocurrency infrastructure – or “buidling” as the meme of the meme goes. Thursday’s installment of The Daily is rich in examples of the sort of development work being undertaken across the industry. From dapp trackers to virtual worlds, there’s a little bit of everything […]
In today’s edition of The Daily, we cover a number of stories that are of importance to cryptocurrency traders. A new trading platform is set to offer tokenized securities, Ledgerx releases a volatility benchmark based on U.S. BTC options, and the police investigate an exchange that suffered a significant security breach. Also Read: Bitwise Asset […]
Long before Proof of Stake entered crypto consciousness, people were staking Proof of Work coins. In return for locking up a portion of tokens and running a masternode, you can earn verification rewards. Earning a passive income while helping to secure a network sounds as comfortable as it does noble. The reality, however, is that […]
Cryptocurrency exchanges list new currencies on a regular basis. In a lot of cases, those currencies add additional trading volume, which results in bigger profits for the exchange operators. Cryptopia is currently in the process of going through all new and existing listings to ensure that the exchange is fully compliant with current regulations. It’s an interesting situation, although the outcome of this process remains to be determined. A Positive Decision by Cryptopia While the smaller cryptocurrency exchanges are extremely popular these days, they also pose a big risk. More specifically, there are growing concerns over how these exchanges list coins and tokens