Cryptopia news

Established in 2014, New Zealand. No. of assets - 611.

World latest news

Troubled Cryptopia Cryptocurrency Exchange Resumes Trading with Nearly 40 Pairs

The Cryptopia which is a New Zealand based crypto exchange has just gone ahead to resume trading on about 40 pairs; this is all according to a tweet that was made from the company on 18th March. According to the tweet, the company goes ahead to announce that they have resumed trading on about 40 […]
Bitcoin Exchange Guide

Cryptopia Exchange Relaunches Following January Hack

Following a January 2019 hack that cost them millions of dollars, Cryptopia has relaunched on March 19, 2019, With 40 Trading pairs. The History of the Hack In January 2019, Cryptopia experienced one of the first crypto exchange hacks of the year which led to the loss of millions of dollars and a second hackRead MoreRead More. The post by Tokoni Uti appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News
BTC Manager

New Zealand Crypto Exchange Cryptopia Resumes Trading with 15% Bitcoin Haircut

Cryptocurrency exchange Cryptopia resumed trading on 40 trade pairs three months after it endured a multi-million dollars theft. The New Zealand firm took to its Twitter profile to update that it was beginning to list pairs that it “quantified as secure.” The exchange further confirmed that it would periodically place more coins after assessing each one of them for potential misuse. As of now, cryptos like bitcoin, doge, and litecoin, are amongst the maximally listed, according to details available at Cryptopia’s official website. Update: We have resumed trading on 40 trade pairs that we have quantified as secure. We will continue to The post New Zealand Crypto Exchange Cryptopia Resumes Trading with 15% Bitcoin Haircut appeared first on CCN

Cryptopia Resumes Trading on 40 Pairs With 14% ‘Haircut’ on Bitcoin

Hacked New Zealand cryptocurrency exchange Cryptopia has resumed trading on 40 cryptocurrency pairs, quantified as ‘secured.’ However, users who held Bitcoin (BTC), Litecoin (LTC), and Ethereum (ETH), will be facing serious ‘haircuts.’ Cryptopia Resumes Trading New Zealand cryptocurrency exchange which went through a major security breach in the beginning of the year. The venue later announced that hackers have managed to steal as much as 9.4 percent of its total holdings in the ‘worst case.’ Now, a couple of months following the attack, the exchange is attempting to get back on its feet. Cryptopia resumed trading on 40 cryptocurrency trading pairs, all of which are quantified as ‘secure.’ A list of the supported pairs can be found here. Additionally, in an email sent to impacted customers, the exchange revealed its plan for compensating their losses. The email details that if a user has held a balance in coins which were lost, they will start to see withdrawals on their accounts for the respective coins. Their transaction IDs, however, won’t exist on the network but will outline how the coin was impacted during the attack. Furthermore, the email also outlines that impacted users will eventually get a “rebate,” while also detailing the following: For each withdraw you will also see a subsequent deposit of Cryptopia Loss Marker(CLM), the TXID for this will also not exist on a network but will detail the coin it represents a loss for. CLM is not a coin, it can’t be traded as yet, it is just a number in the database that represents the loss for each coin for each user in $NZD at the time of the event. At the time of this writing, there’s no further explanation provided regarding the reimbursement and the exchange has said there are more steps to take to guarantee its legality. Haircuts Impending Regardless of the reassurances given by the exchange, concerns stem out of its recently released information page regarding the current status of securing their wallets. We are making progress on securing our wallets, you can check the status here: means the coins have not been checked yet.In Maintenance means coin has been secured.The maintenance message will detail the impact the event had on that coin. — Cryptopia Exchange (@Cryptopia_NZ) March 16, 2019 According to that page, Bitcoin is currently 86 percent secured and will receive a ‘haircut’ of 14 percent. Litecoin (LTC), on the other hand, is supposedly going to get a 43 percent haircut. The situation gets worse with Ethereum (ETH), which hasn’t been secured and faces a 100 percent haircut. Cryptopia hasn’t clarified what a ‘haircut’ means in the light of the recent events. However, some users are reporting that they’ve received most of their BTC back, while also getting CLM tokens in the amount of the stipulated ‘haircut.’ What do you think of Cryptopia’s hack and subsequent recovery? Would you trust the cryptocurrency exchange again? Don’t hesitate to let us know in the comments below. Images courtesy of Shutterstock The post Cryptopia Resumes Trading on 40 Pairs With 14% ‘Haircut’ on Bitcoin appeared first on
More news sources

Cryptopia news by Finrazor


Hot news

Hot world news

Tron Based ‘Stable Coin’ to Start Trading At Huobi and Okex Exchange

Okex and Huobi Global have added support for USD Tether pegged to the US Dollar built on Tron. Tron Foundation built the ‘stable coin’ collaboration with Tether. Currently, the two Exchanges support three stable coins markets USDT-Tron (TRC20), USDT-OMNI, USDT-ERC20 (Ethereum). The token will be launched on 30th April 2019 on the Okex and Huobi Global Exchanges. According to the press release by Okex: In order to meet users’ demand for stablecoin trading, OKEx will support USDT-TRON, the TRC-20 based USDT token co-developed by TRON and Tether, as well as the airdrop for USDT-TRON holders. …It has a TRON deposit address and uses the TRON network for depositing and withdrawal. Rewards for Early Adopters and Tron’s Growth The annual percentage return (APR) of the USDT-TRON token has been designed to give out rewards for its early adopters. The initial APR is 20% which will, however, reduce with time. Nevertheless, the program is supposed to roll out investments for a total of 100 days. The total amount of incentives will be $20 million. The incentives will be rewarded in USDT-TRON only. Justin Sun has implored the users of the Exchanges to adapt to swap from USDT-OMNI – USDT-TRON. #Hodl USDT-TRON to earn initial 20% APR in USDT-TRON. 100 day campaign. $20M initial budget no hard cap. Just sayin'. 😎 $TRX $BTT — Justin Sun (@justinsuntron) March 21, 2019 The Stable coin will be available on major exchanges, and the reward programs are lucrative. Therefore, the number of transactions on the Tron Network would increase significantly. Tron has built a vibrant ecosystem for Dapps and issuing digital asset. The move will foster the growth of Tron. It will also help the exchanges take advantage of the transaction capabilities of Tron which is considerably cheaper than Ethereum currently. The returns proposed by ARP are highly lucrative. Will you swap your stable coins to earn the rewards?  The post Tron Based ‘Stable Coin’ to Start Trading At Huobi and Okex Exchange appeared first on Coingape.

Get EOS Airdrop Token Every Hour Is Now Possible on Infinito App Square with PRA CandyBox!

SINGAPORE, Mar 22, 2019 - (ACN Newswire) - Infinito Wallet's crucial partnership with global leading EOS block producers and block producer candidates comes along with valuable benefits for users. This March 13th, support for EOS DApps will officially be available on Infinito Wallet's newly launched App Square and the well-known EOS token distribution DApp - PRA CandyBox will be at Infinitors' service along with a great deal of airdrops everyday.Developed by ProChain based on the EOS main network, PRA CandyBox is the top 1 EOS DApp listed on DappRadar and the only airdrop-related dApp among the top 100 dApps as of 19 February 2019. With the join of this DApp, Infinito Wallet's users are now gifted with EOS candies everyday or even every hour. To be specific, the amount of EOS airdrops users can get daily varies in accordance with their account's level. To heighten level, wallet owners can deposit EPRA token - PRA CandyBox's proprietary token - into their account. This means the more EPRA token users deposit, the more EOS candies and the shorter duration for them. Level 1 accounts are those with less than 1,000 EPRAs, can repeatedly claim tokens every four hours. While top accounts like level 12 are rewarded with up to 12 airdrops every hour. Users can find this DApp inside Infinito App Square, displayed as "Browser" in the Universal Wallet. Convenience is one highlight of this EOS token distribution as PRA CandyBox keeps their airdrop "game" extremely simple. To receive candies, Infinito Wallet's users simply need to click on the airdrop project, input password and tap "confirm". That's it!*Please note that you must own an EOS account ...Full story available on

Why Square’s Bitcoin Hiring Spree is Crucial for Crypto Adoption

Jack Dorsey, the CEO of Square, the $32.7 billion mobile payment giant based in the U.S., revealed that Square would fund three to four developers and a designer to work on the open-source protocol of Bitcoin and the crypto ecosystem. Independent of the core business strategies of Square, the team of developers and a designer will work to contribute to the cryptocurrency ecosystem in a variety of ways, potentially by contributing to the open-source codebase of the Bitcoin network. #BitcoinTwitter and #CryptoTwitter! Square is hiring 3-4 crypto engineers and 1 designer to work full-time on open source contributions to the The post Why Square’s Bitcoin Hiring Spree is Crucial for Crypto Adoption appeared first on CCN

Square is Hiring: You Can Be Paid in Bitcoin if You Want

Twitter and Square founder Jack Dorsey has always been bullish in his Bitcoin views. So it’s no surprise that his payments startup Square is now offering new employees the chance to be paid in Bitcoin. According to tweets from the CEO, the company is on the hunt for skilled labor to add to the team. Square Bitcoin Payments If Dorsey’s tweets are anything to go by, then the company is hiring engineers and a designer to “work full-time on open source contributions to the bitcoin/crypto ecosystem.”  The Square cash app already supports Bitcoin purchases ... ﾿ Read The Full Article On Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
Crypto Currency News
By continuing to browse, you agree to the use of cookies. Read Privacy Policy to know more or withdraw your consent.