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Minna
1 Level
102 Review
16 Karma

Review on Cryptopia by Afan Ibrahim

Revainrating 3 out of 5

I doubt if after the hack this platform could be restored.

Cryptopia was a hacked exchange platform for the New Zealand users or traders which has hacked by some group of persons and this lead to many users no longer having access to their login data's anymore. The major set back for this platform was the inactive maintenance which should be authenticated to limit the activities of crypto hackers. However, cryptopia lost a quite worth of cryptocurrency which is definitely more than 1,675 ethereum coupled with other cryptocurrency that were lost in addition.

The good thing happens to be that the platform is still under a review to resolve the security issues and the lost in users details which is certainly going through liduidation process but the major thing being that it gave responses to it users that the platform might be fully recovered which we await for completion.

Pros
  • It might be resolved(that is, recovered) from the hackers.
  • It is going through liduidation process.
Cons
  • It is inactive.
  • Users lost funds without refunds.
  • Ledger data was cleared after the hack.