Earlier this week, Cryptopia, a cryptocurrency exchange based in New Zealand, announced that they have lost funds due to a security breach. This is one of the notable exchanges that was compromised by a hack at the beginning of 2019. To add on, the exchange platform continues to be under maintenance and the amount that was compromised by the hack has still not been disclosed by the team.
This case is currently being investigated by the New Zealand police and the required regulatory authorities have been notified about the hack. In their recent statement, the police revealed that the inquiry into the hack is still in its early stages and that they were still figuring out what happened and how the hack happened.
The post Cryptopia hack: Case involving Ethereum-based tokens takes a new turn in the market appeared first on BlockBoard.