Cryptopia Cryptocurrency Exchange Hacked

Cryptopia, a New Zealand-based cryptocurrency exchange, has been reportedly hacked. The crypto exchange announced the news of getting hacked through their Twitter handle. The announcement said that they “suffered a security breach which resulted in significant losses.”

Website of the crypto exchange, their blog pages, and also the support are offline currently. There is no further information available regarding the amount of losses suffered by the cryptocurrency exchange, adversely affected currencies/tokens, and their plan of refunding the users.

The website is offline with a notice mentioning “Cryptopia is currently in unscheduled maintenance mode. We will be back soon.”

What did Cryptopia Cryptocurrency Exchange Announce?

Cryptopia, through their official Twitter handle, said:

“We apologize for the delay in keeping you updated and appreciate your patience. Yesterday 14th January 2019, the Cryptopia Exchange suffered a security breach which resulted in significant losses. Once identified by staff, the exchange was put into maintenance while we assessed damages.”

However, no specific figure of the extent of loss was shared by the cryptocurrency exchange.

Cryptopia Cryptocurrency Exchange Hacked

Reports say 2 days back, a suspicious Ethereum transaction took place. It shows that 19,390 ETH (which is equivalent to over US$2.5 million) moved out to an unknown address out of the tagged wallet of Cryptopia.

Tweets from Whale Alert also say that nearly 48 million Centrality (CENNZ) tokens moved out to an unknown address from Cryptopia crypto exchange. The estimated valuation of the stolen CENNZ token is around US$1.18 million. This transaction also took place on January 13, 2019.

Till press time, it is not clear whether these tokens were stolen by a hacker or moved by the exchange.

What Actions did Cryptopia Crypto Exchange Undertake?

In a recent tweet, Cryptopia Exchange has said that they have informed the relevant government agencies about cybercrime. High-tech crimes unit and New Zealand police have been involved by the crypto exchange. These government agencies are working jointly for cracking the case. In their announcement, Cryptopia Crypto Exchange said:

“Until this has been carried out, The Cryptopia Exchange will remain in maintenance mode, with trading suspended. We are committed to getting this resolved as quickly as possible and will keep you all updated every step of the way.”


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