Crypto exchange Cryptopia hacked, potentially $3.6 million ETH and CENNZ lost – latest

New Zealand-based cryptocurrency exchange Cryptopia has announced it has “suffered a security breach which resulted in significant losses.” The exchange is currently offline as they work with police to investigate the hack.

Cryptopia is a leading digital asset exchange in New Zealand with over two million users.

The first tweet that Cryptopia sent out regarding this outage came at 06:55 UTC on January 14th, although at that time Cryptopia did not explain the reason for the “unscheduled maintenance”:

However, at 08:00 UTC on January 15th, Cryptopia did finally announce via Twitter that it had been hacked the day before, that it had alerted New Zealand Police, and that it had gone into maintenance mode (with all trading suspended):

Whale Alert, which tracks large crypto transactions live, on Saturday indicated that 19,391 in ETH worth $2.4 million and around 48 million centrality (CENNZ) tokens worth about $1.2 million were transferred from Cryptopia to unknown wallets on the 13th January:

It remains unclear whether these funds were moved by the hacker or by the exchange.

Author: Team Crypto Review
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