Cryptopia Resumes Trading on 40 Crypto Pairs – Details
Cryptopia, New Zealand-based cryptocurrency exchange has resumed trading on 40 trade pairs.
In the tweet, the company announces that it has “resumed trading on 40 trade pairs that we have quantified as secure. We will continue to expand this list as we clear more coins.” The update follows Cryptopia’s recent announcement of the plans to reopen trading on its platform by the end of March, following a $16 million hack in mid-January.
Cryptopia suspended services in January after detecting a major hack that reportedly “resulted in significant losses.” The platform had initially informed the public it was undergoing unscheduled maintenance.
After the reports of the hack more evidence reportedly surfaced that hackers were siphoning crypto out of the exchange as late as two weeks later.
Cryptopia’s co-founder Rob Hex Dawson said the company re-launched its website in read-only form on March 5, however the platform showed the balances as they were at Jan. 14, 2019, being the date of the hack. You can change passwords and two-factor authentication credentials from the website now.
Hex said that users who had lost their cryptocurrencies would start to see a section dubbed “Withdraws on your account for those coins.” He explained that transaction IDs (TXIDs) for the withdraw orders will not exist on the network, but include details on how the coin had been impacted during the event.
Some users are accusing Cryptopia of trading manipulation following a recently released tweet from them.:
“Cryptopia manipulate trading at some extent. they open trading with wallet offline and no announcement.”
Another user said:
“what are you talking about? you took my BTC i saw withdraw history : INTERNAL WITHDRAW: on March 18 2019….. i want my BTC back!!!!!!!”