This is my first time that an exchange was supposed to be hacked where i have some port polio in it. Honestly i am scared right now on losing my money on that exchange. Does anybody here know on what would be the future of our money on that exchange if it is true that it was hacked?
It depends.
In the past we have seen many exchanges getting hacked. Some of those came back and refunded customers, others never got operative back ever again.
Everytime that an exchange announces that is got hacked there are two scenarios ahead:
1) possible exit scam under the excuse of an hack: in this case the service in unlikely to come back online and your funds are very likely to be lost forever.
2) If a real hack has been performed and the exchange suffered main loss from a main currency only, the minor volume altcoins should be still there. Is possible that in this case, as soon as the exchange comes back online, the non stolen coins will be returned back to their owners. Althought we still do not have any public update on this matter we can suppose that if Cryptopia want to come back operative needs to think about a possible solution to refund their customers. (such in example bitfinex did in the past with BFX tokens.)
Anyway just don't panic and keep an eye on the updates to know how to deal with your possible loss. I passed too through this shit in the past on the mintpal exit scam, but I learnt many things from that "error", just try to look at the positive side of it in the event your funds could be really lost forever.
Good luck!