New Zealand Cryptopia Exchange Hack Continu | BLOG Certified
Two weeks after it first reported a hack, New Zealand-based cryptocurrency exchange Cryptopia is still compromised by cyber criminals, according to a blog post from blockchain infrastructure firm Elementus on Jan. 29. The exchange suspended services after detecting a major hack that reportedly "resulted in significant losses" on Jan. 15. Cryptopia stated that the hack occurred the previous day on Jan. 14. The platform initially stated that it was undergoing unscheduled maintenance, issuing several brief updates before disclosing the breach. On Jan. 20, Elementus reported that as much as $16 million worth of Ethereum (ETH) and ERC20tokens were stolen. Per the blog, data on the Ethereum public blockchain indicates that funds began to be siphoned from Cryptopia's two core wallets — one holding ETH, the other tokens — on the morning of Jan. 13. In today's post, Elementus says that the attack is continuing and that hackers have stolen 1,675 ETH ($175,875) from 17,000 Cryptopia wallets,