Cryptopia Hack Update: “Worst Case 9.4% of Our Total Holdings Was Stolen”
Jeremy Wall's original article for www.investinblockchain.com reduced by 51%
Cryptopia, the New Zealand-based cryptocurrency exchange that suffered the largest known hack of 2019 back in January, has finally released an update as to how many funds have potentially been lost. Per the update, Cryptopia has calculated that in a worst-case scenario, 9.4% of their total holdings were lost to the hackers. Update: We are continuing to work on assessing the impact incurred as a result of the hack in January.
Until now, the exchange has not provided any updates regarding the number of stolen funds. While the updates from Elementus were very informative, it's nice to know that Cryptopia is now able to comment on the investigation and share official updates with those affected. Update: As a result of the new wallets please immediately refrain from depositing funds into old Cryptopia addresses.
Cryptopia will be releasing further updates via Twitter over the coming days and users are urged to keep an eye on their page.
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Summarised crypto news.