Cryptopia stories
Whether it's cryptocurrency salaries or a central digital currency, no agency is quite sure how to tackle this upcoming payment trend.
Cryptopia, a Christchurch-based cryptocurrency exchange, is set for liquidation after failing to recover from a USD $20 million hack in 2019.
New Zealand Police are progressing well in their probe into the Cryptopia breach, aiming to uncover the origins of the stolen US$3-16 million in cryptocurrency.
Cryptopia has reportedly experienced a security breach that has taken the entire platform offline – and resulted in 'significant losses'.
Tokens available are limited to $100,000 NZDT - not enough liquidity to allow widespread adoption, but Cryptopia hopes to get the ball rolling.
Cryptopia went from launch to managing funds for 1.4 million investors to a significant data breach and its inevitable death - all in just five years.
New Zealand cryptocurrency exchange Cryptopia celebrates signing up two million users and expanding globally in just three years.
