Why Won’t Crypto Exchange Cryptopia Come Clean on How Disastrous Last Month’s Hack Really Was?

New Zealand-based cryptocurrency exchange Cryptopia disclosed that local police have allowed employees to return to the firm’s office following its suspension of operations mid last month after a multi-million dollar security breach. In the latest update, the cryptocurrency exchange has indicated that investigations are still ongoing, however. Hacked Crypto Exchange Reopens Update: The police have now given us access back to our building, while they continue their investigations. Our staff are working relentlessly to evaluate the funds that were stolen. — Cryptopia Exchange (@Cryptopia_NZ) February 14, 2019 Cryptopia’s announcement comes shortly after the police gave the crypto exchange the green

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New Zealand Exchange Cryptopia Lost $16 Million in Hack, Not Initially Reported $2.5 Million: Research

Contrary to prior reports putting the value of cryptocurrency stolen in the Cryptopia exchange hack at around $ 2.5 million, it has emerged that the true value of assets stolen sums up to about $ 16 million. According to blockchain analysis platform Elementus, this was ascertained by analysing the Ethereum blockchain using the Elementus query engine. The

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