Cryptopia to Reopen in "Read-only" Mode by Monday
Cryptopia, a New Zealand-based crypto exchange that was hacked in January, aims to reopen their site "as read-only" by Monday, the company announced.
Additionally, they said that both founders Adam Clark and Rob Dawson have returned to Cryptopia and "their focus will be to set a clear strategic direction moving forwards." However, the exchange did not elaborate on the return of the founders any further.
As reported, after almost two weeks of silence, the company announced on Wednesday that "worst case 9.4% of our total holdings was stolen" and they are "securing each wallet individually to ensure the exchange is fully secure when we resume trading."
However, the company does not comment when it may resume trading.
After the update today, some of Cryptopia's clients are grateful for the news:
We all know this has been a tough thing to deal with. Thank you for taking the time to figure things out and secure things. Hopefully we will all see better days ahead and everyone can recover from this and learn some hard lessons. I hope you are ready for the flood of traffic :)— Kevin (@kevin22262) February 28, 2019
While others are more straightforward:
Great. Let us in. pic.twitter.com/Zhe7JDbSyt— imbrue001[⚡️]🦅 (@imbrue001) February 28, 2019
Meanwhile, a third wave of crypto wallets tied to cryptocurrency exchange Cryptopia were emptied to the tune of around USD 30,000 - USD 40,000 worth of ether, co-founder and CEO of blockchain analysis protocol and platform Elementus, Max Galka, told Cryptonews.com.
Dawson and Clark founded Cryptopia three years ago. According to Stuff, a local news outlet, the exchange has more than 1.4 million users. Dawson's father, Pete Dawson, is now the sole director and a 5% shareholder of the company, the report said, adding that Cryptopia has 90 shareholders in total, while Clark, Rob Dawson and Intranel Consulting own 30%, 27% and 26% stakes respectively.