Quote from: Dolphin_se on May 21, 2019, 04:16:32 PM

Quote from: justspare on May 21, 2019, 10:19:05 AM

Quote from: CoinFascination on May 20, 2019, 04:57:22 AM

Cryptopia fell apart. But before it did, it was an easy to use exchange with fairly high volume.
Who is replacing it now?

Well, I dint think anyone will miss them that much and they were never even among the top 10 exchanges for ones to be looking for replacement for them, they are gone and that is it, we will continue will the existing ones, but right from onset, Binance has been the most popular exchange in the market and I doubt if majority of Binance users even know about cryptopia.

I never knew about them too until I saw the FUD news about them, being hacked on this exchange, and for them to die that way, it shows they were never strong. What would they have done if they were Binance that they stole over 7000BTC from.

Binance has its own fund SAFU to fully cover the losses associated with this incident. If the Cryptopia exchange had a similar fund, they could easily survive this hacking

But I am not sure if any other exchange would have this much funds to cover the loss as a result of a hack. This is because 90% of the crypto users are on Binance and it is because of this huge number of users on the exchange that the exchange has made so much profit. Had it been another exchange, the process of covering the losses would have been very ambiguous.