Crypto-purse Cryptopia New Zealand has announced the piracy of its system. The news was posted on Twitter followed by a letter of apology on the termination of its maintenance activities. This is the first crypto-purse piracy for 2019.
Cryptopia in a bad patch
Cryptopia is a medium-sized platform that works in the exchange of small-cap altcoins . Previously, its notoriety was celebrated in 2017 following the enormous flows that it recorded but shortly after, it was quickly abandoned.
Cryptopia suffered an attack that resulted in many losses, according to its publication. Although no expertise has been provided, it appears that the damage is substantial, enough to suspend all deposit and withdrawal activities. We would talk about about $ 11 million in loss.
In maintenance until damage assessment
Like all victims of hacking, the platform has taken the necessary steps to assess the losses. Also, Cryptopia will only be accessible after expertise. She announces:
“Cryptopia suffered a security breach that caused significant losses. When the Staff noticed, the crypto-purse was put in maintenance while we assessed the damage. The team then informed and involved the different government agencies. “
— Cryptopia Exchange (@Cryptopia_NZ) January 15, 2019
In addition, the Cryptopia hack will not cause butterfly effects on the market ecosystem as it is a small platform.
What do you think of this hacking? Give your opinion in the comments section.