Bitcoin hugs the $8000 mark after a mighty recovery on the weekend

18m
coininsider

Top 7 Cryptocurrency Lending Platforms in 2019

18m
nulltx

Bitconnect ‘2.0’ Claims Binance Listing for July Launch –

20m
cryptonewmedia

Bitcoin [BTC] enthusiasts discuss recent price surge, state of crypto-ecosystem |

21m
cryptonewmedia

Bitcoin Has Soared Above Intrinsic Value During Latest Rally, JPM…

22m
cryptonewmedia

Bytecoin Undergoes Long Awaited Hardfork

23m
cryptonewmedia

Facebook Registers New Fintech Company in Geneva

23m
cryptonewmedia

Bitcoin Airs on 60 Minutes; 'Bitcoin' Google Searches Hit 14-Month High; Binance Recaps Hack

24m
cryptoglobe

Crypto Confidence Rising As BTC Surpassed $8k

42m
cryptodaily

JP Morgan Confirms Bitcoin Price Surge Mimics 2017 Bull Run

1h
coingape

Bitcoin [BTC] proponent Antonopoulos says borderless censorship resistant form of identity is…

1h
cryptonewmedia

Tom Lee: Bitcoin’s Move Back to $8,000 Confirms The End of Crypto…

1h
cryptonewmedia

Bitconnect ‘2.0’ Claims Binance Listing for July Launch…

1h
cryptonewmedia

BTC/USD May Break Down $7,812 and Target $7,440

1h
cryptonewmedia

Binance Coin (BNB) Hits All-time High

1h
investinblockchain

Binance Coin (BNB) Hits All-time High

1h
investinblockchain

Mastercard Invests $1 Billion into India Fintech

1h
bitcoinnews

Ethereum-Based Stock Exchange Plans First Company Listing in June

1h
coindesk

Fundstrat’s Tom Lee Explains How It’s Been ‘Confirmed’ That Crypto Winter Is Over

1h
cryptoglobe

CZ Talks About Immediate Aftermath of $40 Million Hack

1h
investinblockchain

Scam Alert: Bitconnect ‘2.0’ Claims Binance Listing for...

1h
bitcoinist

Stellar Lumen (XLM) Price Could Resume Rally Above $0.1500

1h
livebitcoinnews

mBitcasino announces support for FIAT currencies

2h
coingape

Cryptocurrencies Pose No Threat to Financial Stability: EU Central…

2h
cryptonewmedia

Bitcoin [BTC] proponent Antonopoulos says borderless censorship…

2h
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