30/01/19 08:36 UTC-4

The second crack of the Cryptopia exchange: loss of more than $ 175,875

Cryptopia was hacked a second time with losses of more than $ 175,875
Cryptopia was hacked a second time with losses of more than $ 175,875

Cryptopia New Zealand Exchange is again in danger as hacker attacks continue. According to official data, the attackers robbed 17,000 user wallets, as reported by the CoinTelegraph news agency.

For the second week in a row, the Cryptopia cryptocurrency exchange has been threatened by cyber criminals. According to the exchange employees, there have already been two massive hacks of online wallets. Losses amounted to more than 175,875 US dollars.

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Hacking the Cryptopia exchange and stolen cryptocurrency

On January 15, Cryptopia, a New Zealand crypto-exchanger, first reported a burglary, and then suspended its work. As a result of the first hack, the exchange suffered "significant losses" of Ethereum cryptocurrency and ERC-20 protocol tokens. For several days, representatives of Cryptopia did not disclose the nuances of hacking, as this would prevent investigative actions.

On November 20, the Elementus information publication provided detailed information about the hack at the platform. The attackers stole Ethereum and ERC-20. The amount of losses exchanger amounted to 16 million dollars. According to data from the Ethereum blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
, the funds were stolen from two main wallets of the exchange – one for Ethereum, the other for ERC-20 tokens, which the exchange could not regain control.

On January 30, the Elementus portal reported that hacker attacks continue. Today, the attackers have already stolen 1,675 ETH ($ 175,875) from 17,000 Cryptopia wallets. According to official data, 5,000 of the 17,000 wallets were robbed during the first burglary but were replenished again.

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Many traders assume that attacks on the exchange should not be divided, as this is one ongoing operation of intruders. The second crack of the Cryptopia platform with losses of more than $ 175,875, the nuances of the hacks are still unknown. But representatives of the exchanger reported that the stolen funds were transferred (both for the first and the second time) to two addresses that they managed to fix.

Editor: Yuliya Soroka

See also: "Two hacker groups are responsible for 60% of all thefts on cryptocurrency exchanges"

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