• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
      • Non Gamstop Casinos
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Casinos
  • Play Games
  • Play Casino Games
  • Best crypto casino
Breaking News: BREAKING: Terra Founder Do Kwon's Extradition To The US Approved
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
      • Non Gamstop Casinos
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Casinos
  • Play Games
  • Play Casino Games
  • Best crypto casino
Bitcoinist.com
No Result
View All Result
Breaking News: BREAKING: Terra Founder Do Kwon's Extradition To The US Approved
launder AML cryptopia

Cryptopia Hackers Liquidated $3.2M in Cryptocurrency Across These Exchanges

Georgi Georgiev by Georgi Georgiev
5 years ago
in News, Bitcoin Exchange, Companies, News teaser
0

$3.2 million worth of cryptocurrencies stolen during the hack of New Zealand’s Cryptopia has already been liquidated, according to a report from Elementus. 


$3.2 Million in the Wind

According to blockchain data company Elementus, $3.2 million worth of cryptocurrencies stolen during the Cryptopia hack has already been liquidated through various exchanges.

Cryptopia update As of this morning, the hackers have liquidated $3.2m in tokens, with the bulk of that going to Etherdelta.

Bitcoinist reported on January 15th, that Cryptopia’s security was breached, resulting in ‘significant’ losses.

About two weeks after that, Elementus revealed that the attack on the cryptocurrency exchange continued. Another 17,000 Cryptopia wallets were drained out of 1,675ETH. Interestingly enough, the reports indicated that some of the hacked wallets continued to receive funds, despite being compromised.

The blockchain data firm concluded that users kept on depositing funds into their Ethereum wallets on the exchange after Cryptopia no longer had control over them, while the hacker did.

The exchange remains silent on the matter, as the last update was published a few days prior to Elementus’ latest findings.

EtherDelta Receives the Most  of The Stolen Funds

Per the report, the bulk of the cryptocurrency, which has already been liquidated, has gone through EtherDelta.

Interestingly enough, EtherDelta has experienced a similar situation not so long ago. Towards the end of 2018, the cryptocurrency exchange went through a security breach, as an imposter had managed to spoof its domain.

Its problems didn’t end there, though. The SEC recently pressed formal charges against the founder of EtherDelta – Zachary Coburn, for failing to register the exchange as a national securities exchange.

Following EtherDelta in terms of received stolen funds is Binance – the world’s largest cryptocurrency exchange.

Bitcoinist reported that Binance has recently frozen ‘some of the funds’ which were stolen in the Cryptopia hack.

What do you think of the fact that $3.2M worth of stolen crypto has already been liquidated? Don’t hesitate to let us know in the comments below!


Images courtesy fo Elementus.io

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Georgi Georgiev

Georgi Georgiev

Related Posts

AI

Europe Unveils World’s First AI Regulations – How This Intersects With The Crypto Industry

13 hours ago
Genesis

Genesis And DCG Bury The Hatchet In $620 Million Legal Showdown

2 weeks ago
Charlie Munger

Bitcoin’s Fierce Opponent Charlie Munger Breathes His Last At 99

2 weeks ago
The Demise Of Inferno Drainer: Accomplice In $70 Million Fraud Uncovered

The Demise Of Inferno Drainer: Accomplice In $70 Million Fraud Uncovered

2 weeks ago
Ripple

Ripple Sets Sights On Dominating $300 Trillion Payment Sector

2 weeks ago
Sam Altman

Bizarre Twist: Sam Altman Makes A Surprise Return To OpenAI As CEO

3 weeks ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Top Casinos

Trust Dice
Trust Dice
Punt Casino
Punt Casino
mBit
mBit
Inmerion
Inmerion

Press Releases

  • Three Altcoins to Hold this December? The Sandbox, Gala...

    6 hours ago
  • Shiba Inu burn rate increases, Dogecoin rises while...

    7 hours ago
  • If You Missed THORChain and Terra Classic, Here’s the...

    8 hours ago
  • 5 Must-Have Coins That Cover Crypto’s Market, from...

    14 hours ago
  • Solana (SOL) Pump Missed? Experts Indicate Retik Finance...

    17 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
      • Non Gamstop Casinos
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Casinos
  • Play Games
  • Play Casino Games
  • Best crypto casino

© 2023 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.