Cryptopia finally reopens in 'read only' mode showing balances pre-hack

05 Mar, 2019
by Ryan Boltman
News
Cryptopia finally reopens in 'read only' mode showing balances pre-hack

New Zealand cryptocurrency exchange is finally back up and running! Well not really, however it is open for users to login, that's about it. 

Cryptopia has announced that is has finally reopened the exchange. However users will not be able to trade or do anything, other than see their balances on the exchange. Users currently cannot, trade, deposit, or withdraw funds.

If you thought maybe you could login and check how much of your portfolio was affected by hack, you can't do that either as the exchange has loaded balances as of 14 January 2019.

Essentially Cryptopia have loaded everyones balances back to before the hack.

 Read more: The Cryptopia Hack Timeline: as it happened

Earlier today, Cryptopia announced that users can login and change their passwords and reset 2FA credentials. Cryptopia also announced it is finalising a rebate process for affected users.

Cryptopia also announced that the loading of pre-hack balances will be used "as a baseline for calculating rebates moving forward"

It appears Cryptopia will be looking at offering users who lost funds some sort of rebate process to return funds or credit them in some way.

Last week the exchange admitted that over 9% of its funds had been stolen during the hack which saw the exchange shut down for nearly two months.

The soft launch of the exchange is a step in the right direction, and many users will be thrilled that steps have been taking to investigate and reopen the exchange in such a timely manner.

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Read more about:Cryptopia

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hack of cryptopedia is just another reminder of how crypto space is dangerous nowadays and that traders really have to be aware of possible scams and etc
05 Mar, 2019 - 11:03
I was able to recover about 85% of my holdings on Quadriga CX, thanks to BlackRock professional consult. If you ever need to deal with cryptocurrency scams or theft, or recover your email/wallet passwords, social network anti-hack (Facebook, Twitter, Instagram, snapchat), BlackRock is the go-to cybersecurity group. Visit them on blackrockconsultpro com and use the contact form or hire any available expert. You can also consider getting their custom built antihack cryptocurrency wallet to avoid common cases of online theft . Thank me later.
05 Mar, 2019 - 11:27
Former Cryptopia users should somehow take their money and move to trustworthy exchanges like Kraken, Binance or Bitfinex.
05 Mar, 2019 - 23:16

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