A portion of the ether (ETH) stolen from hacked New Zealand-based cryptocurrency exchange Cryptopia has been moved and deposited to a different crypto exchange, according to an analysis. Crypto Anti-Money Laundering startup Coinfirm tweeted about their findings on May 20. According to Coinfirm, 30,790 (over $7.778 million) of the stolen ether has been reportedly moved to a new address, and 10 ETH (over $2,500) moved to the hot wallet of another crypto exchange. A Twitter account dedicated to reporting on large transactions to and from cryptocurrency exchanges, Whale Alert, claims that 500 of the stolen ether (over $125,000) has today …
Hacked New Zealand-based cryptocurrency exchange Cryptopia has appointed David Ruscoe and Russell Moore from consultancy and audit firm network Grant Thornton New Zealand as liquidators. The news was revealed in an official Grant Thornthon announcement on May 15. Grant Thornton New Zealand (NZ) is the local network of Grant Thornton International — a major professional services network of independent accounting and consulting member firms. As Cointelegraph has reported in mid-January of this year, Cryptopia revealed that it had been the target of a security breach resulting in significant losses, with the attack continuing for two weeks after its initial detection …
In what seems to be one of the first major security breaches of 2019, New Zealand-based digital assets exchange Cryptopia was allegedly hacked this week. The platform reported the incident via Twitter on Jan. 15, mentioning “significant losses.” While the incident has been confirmed by the local police, many crucial details — including the amount and titles of stolen tokens — remain undisclosed. Brief introduction to Cryptopia, an essential exchange for altcoins Cryptopia Limited, the company behind the self-titled exchange, was registered in July 2014, and the platform itself was launched later the same year. It is run by founders …