Post
Topic
Board Exchanges
Re: Cryptopia exchange hacked
by
RivAngE
on 06/03/2019, 08:00:11 UTC
Now the situation begins to clear up. I hope Cryptopia will work in full mode soon  Smiley

"The New Zealand-based crypto exchange that just suffered from a massive yet “untypical” hack will be introducing cancel-only mode for their users in the next few days.

The announcement wrote that users are allowed to cancel any positions accordingly on this mode, although there’s no detail on how many days will “the next few days” be.

Moreover, the team also emphasized that this update is crucial as it will be the last step before the trade engine is turned back on for trading."

https://www.chepicap.com/en/news/7921/cryptopia-to-introduce-cancel-only-mode-trading-engine-will-be-on-after.html

I find it odd that they are not talking about withdrawal Cheesy they are playing it safe and nicely and buying more time to build up more trust so no mass withdrawal will happen when they eventually open for business.


They can't allow you to withdraw what they don't "physically" have. I suppose that "physically" isn't the exact word for cryptocurrencies, but you get what I mean. They had coins stolen so even though we see some balances in our accounts, they can't be put into the blockchain because Cryptopia doesn't hold those coins anymore.

As stated here: https://twitter.com/Cryptopia_NZ/status/1102776289650335744 they'll offer "rebates"... now what those "rebates" mean, I don't know.