Sharp U.S. Futures Recovery Hints Bitcoin Will Retest $10K This Week

15m
bitcoinist

Bitcoin Closes May Candle Above Crucial Resistance, and That’s…

21m
cryptonewmedia

Weaker Yuan Could Lead to a Stronger Bitcoin

21m
cryptonewmedia

Bitcoin Above $9,750 Would Make Case for Larger Rally: Here’s Why

1h
newsbtc

Ether Options Trading Reaches Record Volume on Some Exchanges

2h
beincrypto

Crypto Analyst Releases Stock-to-Flow Model Indicator for BTC Bull Run

3h
cryptonewmedia

Bitcoin Closes May Candle Above Crucial Resistance, and That’s Big for the Bull Case

3h
bitcoinist

UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief

4h
thebitcoinnews

There Isn’t Anything Crypto Altcoins Do That Bitcoin Won’t…

4h
cryptonewmedia

Bitcoin Closing the May Candle Above $9,360 is Crucial For Bulls:…

4h
cryptonewmedia

The Emergence of Crypto Prime Brokers Adds Resilience but Also Risk

4h
cryptonewmedia

Ethereum Makes 3rd Attempt at New Highs as Options Skew Turns Negative

4h
cryptonewmedia

BTC/USD to Move Back Above 9764? Sally Ho's Technical Analysis 1 June 2020 BTC

4h
cryptodaily

Ethereum DeFi Nears $1 Billion Milestone Again, and That’s Big…

4h
cryptonewmedia

Ethereum developer Danny Ryan speaks on ETH 2.0 progress, gives insights on new features

5h
cryptoslate

Euro is still on track of collapsing, says macro analyst: Here’s how Bitcoin could react

5h
cryptoslate

Coinbase’s earliest investor starts accumulating Ethereum “again,” joining whales

5h
cryptoslate

Bitcoin Closing the May Candle Above $9,360 is Crucial For Bulls: Here’s Why

5h
newsbtc

Meghan Markle & Prince Harry Are Nothing More Than Professional Freeloaders!

6h
cryptonewmedia

Tesla Needs Democrats to Break Up Big Tech or Amazon Will Eat Its…

6h
cryptonewmedia

Meghan Markle & Prince Harry Are Nothing More Than Professional…

6h
cryptonewmedia

Trading Bitcoin Vs. BTC Futures — Which Is Best for You?

6h
cryptonewmedia

Ethereum DeFi Nears $1 Billion Milestone Again, and That’s Big for the ETH Bull Case

6h
newsbtc

Max Keiser: There Isn’t Anything Crypto Altcoins Do That Bitcoin Won’t Do

6h
bitcoinist

Bitcoin Could Surge Past $10,000 as Ethereum “Hammers”…

7h
cryptonewmedia


Cryptopia Says To Stop Deposits, Faces Liquidation

The hacked New Zealand-based cryptocurrency exchange Cryptopia has urged its users to stop depositing funds to the exchange, as they are shutting down for good and going into liquidation.

PLEASE DO NOT SEND ANY DEPOSITS TO CRYPTOPIA.

— Cryptopia Exchange (@Cryptopia_NZ) May 16, 2019

As previously reported by IIB, Cryptopia has been appointed the consultancy and audit firm network Grant Thornton New Zealand as liquidators.

Now the exchange joins the likes of Mt. Gox, QuadrigaCX, and countless other hacked and liquidated crypto exchanges.

The $16 million Cryptopia hack in January of this year should be remembered as an example of what can happen to centralized crypto exchanges that hold their users’ cryptocurrency. Crypto exchange hacks happen all the time. Just last week, Binance, the world’s largest crypto exchange, was hacked for $40 million.

It can never be said too often: it’s of the utmost importance to hold the majority of your crypto holdings offline in a safe and secure hardware or paper wallet. These types of wallets cannot be easily hacked, if at all, and are highly recommended to any crypto user.

Do you store cryptocurrencies on an exchange? What crypto wallets do you use? Let us know in the comment section below.

Regarding any copyrights issue, please contact us:content@hashbee.com.

0 comments