Hacked Cryptopia Resumes Trading
Earlier on January 14, popular crypto exchange, Cryptopia experienced a major security breach which led to the loss of funds. While some crypto enthusiasts and critics dubbed the incident an exit scam, Cryptopia has taken all the right steps to clear their name; from reporting the breach to the necessary authorities and keeping their customers in the know-how.
Barely over a month after the breach, some good news is finally emerging from the stables of the exchange. They have announced today, March 19, that they have resumed trading.
We have resumed trading on 40 trade pairs that we have quantified as secure. We will continue to expand this list as we clear more coins.
It is, however, worth highlighting the following modalities associated with the news. First, the exchange’s site is currently in read-only mode, displaying balances from before the hack on January 14. Users can log in and cancel their buy or sell orders. As a precautionary measure, users have been advised to reset their passwords on 2FA on the new site. Additionally, no deposits should be made to old wallet addresses.
With regards to the loss of funds, there are plans to refund customers who may have been hit by the hack.