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Author Topic: Not Over Yet: Cryptopia Hacked Again, over $180,000 Worth of ETH Missing  (Read 1776 times)

Offline Goodcat49

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Cryptopia – a crypto exchange platform based in Switzerland, was badly hacked on Monday, January 14, 2019, and has again faced another significant loss of money from the same hackers, just 2 weeks later.

The same hackers syphoned off around 1,675 Ethereum (ETH) which is approx. $180 thousand USD from unsuspecting Cryptopia wallets on Monday, January 28, according to Elementus.

The initial Cryptopia hack reportedly totalled to around $16 million drawn off from Cryptopia wallets. But now, new reports show that a total of 17,000 wallets were compromised and affected by the new attack. 5,240 of the hacked wallets had been cleaned out by the initial hack, implying that their owners deposited and lodged new other funds even after being severely hacked.

Hence, it would appear that the users of these wallets are either totally unaware of the Cryptopia hack or believed its insecurity issue had been cured since the time of the attack. However, the deposited money is automatically being lodged as real payments from various mining pools.

Vulnerable Crypto Exchange   
Cryptopia had lost total control of their private keys to the malevolent hackers, according to the latest report by Elementus, and this hunch has turned out to be true. The latest stolen money has been transferred to the same ETH address as the other hacked and stolen money.   

The Cryptopia hacker used ETH address 0x3b46c790ff408e987928169bd1904b6d71c00305. The stolen funds then moved to the address 0xaa923cd02364bb8a4c3d6f894178d2e12231655c.   

What is more, there is apparently nothing that can be done to prevent these deadly hackers from syphoning money out of Cryptopia owners’ wallets. Customers that proceed to deposit their money in these affected wallets will further lose their funds.   

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/cryptopia-hacked-again/


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Offline Leader

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Re: Not Over Yet: Cryptopia Hacked Again, over $180,000 Worth of ETH Missing
« Reply #1 on: February 01, 2019, 06:29:00 PM »
If hackers break into cryptocurrency, then this means only one thing, then that cryptocurrency will be in the price !!! Otherwise, hackers would not even spend their time on something that will not bring them profit !! Of course, it's sad that there is no 100% protection for cryptocurrency ((

Offline Harihmawati

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Re: Not Over Yet: Cryptopia Hacked Again, over $180,000 Worth of ETH Missing
« Reply #2 on: February 02, 2019, 09:33:31 AM »
Hack two time with same hacker. Why protection so weak and no improvement? It better suspend a moment for cryptopia exchange. Better rebuild security before open exchange again.

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Offline spatialiste

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Re: Not Over Yet: Cryptopia Hacked Again, over $180,000 Worth of ETH Missing
« Reply #3 on: February 02, 2019, 01:26:20 PM »
Security will certainly be the key issue for 2019.
Exchanges will probably be the most affected because the bear market. I guess the only remaining users are the most experienced and hackers will have to find other targets (exchanges ??).

We must also be careful of exchanges that will close because of the bear market, who remembers CHBTC ? 4th exchange in 2016 which has disappeared today...

An interesting reading on this subject :

https://news.bitcoin.com/80-of-the-top-cryptocurrency-exchanges-from-2016-have-been-replaced/

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