Cryptopia Exchange Creates a New CoinInfo Section for Users to Check Their Digital Assets Status

Users of the recently hacked cryptocurrency exchange Cryptopia will now have a new page to check the status of their digital assets after the attack. The New Zealand-based crypto exchange has been trying to get the funds back and run the exchange once again. The platform was hacked back in January and it lost more than $2.4 million in Ethereum (ETH) and ERC-20 coins.

Cryptopia Establishes New Website For Users

Cryptopia has released information about the new website on Twitter on March 16. The tweet says that “Offline” means that the coins have not been checked yet. “In Maintenance” means that the coins have been secured. Additionally, they will also be informing the impact that the event had on these coins.

As per the website released by the company, most of the top 10 digital assets have not yet been checked. That means that there is no information about Bitcoin (BTC), Ethereum, Litecoin (LTC) and a few others. Meanwhile, Tron (TRX), XRP, Binance Coin (BNB) and Stellar Lumens (XLM) were not listed in the exchange.

As these coins have not been analysed, there is no information about the impact that the hack had on these coins. Cryptopia has also informed users that they had secured 35% of the coins in new wallets. The firm will also have to ensure that the coins listed are secured. At the same time, users had the possibility to access the exchange and were able to cancel old orders.

The firm is currently trying to re-launch the platform and recover the funds that users lost. In order to do so, the company has been working with local authorities and law enforcement agencies to be able to track where the funds have been moved.

Cryptocurrency exchanges have been attacked several times. In general, hackers consider them very good targets because they could steal a large number of virtual currencies in just an attack.

In 2018, the Japanese cryptocurrency exchange Coincheck was hacked and users lost several millions of dollars in NEM (XEM) coins.

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Carl T
Carl T
Carl is a legend in cryptocurrency space for his long-storied experience, history and insights. He is a digital nomad who fell in love with bitcoin and its offspring for many years now and prides himself on delivering quality perspectives in the emerging world of crypto-assets and blockchain technology.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


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