Cryptopia hack update

Luka Glogoški
Feb 27 · 1 min read

As you are most likely already aware, the New Zealand-based cryptocurrency exchange Cryptopia, was hacked on 15th January 2019 and immediately went offline with a statement that it had suffered significant losses and that the New Zealand police was investigating the incident.

There wasn’t much information forthcoming from them until recently when they stated that based on their most recent calculations the worst case scenario was that 9.4% of their total holdings was stolen.

According to publicly available information the majority of the stolen funds were either Ethereum or ERC 20 based tokens. Our holdings on the Cryptopia exchange were almost entirely in Bitcoin (approximately 32 BTC), so we expect to be fully reimbursed once their platform comes back online. We have already filed a request for asset reimbursement.

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RialtoTrade.com is a platform with automated algorithms for cryptocurrency arbitrage, market making, and prediction trading.

Luka Glogoški

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RialtoTrade.com

RialtoTrade.com is a platform with automated algorithms for cryptocurrency arbitrage, market making, and prediction trading.

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