![]() ![]() Through a spoof link on LocalBitcoins’ official forum, hackers gained access to users’ information when clients attempted to log in- 7.9 bitcoins were stolen from a half-dozen users in this phishing attack. Customers of Cryptopia are still waiting to be compensated. Some of the stolen assets were frozen by Binance after the hackers moved ERC-20 tokens onto its exchange. ![]() Trading on the exchange was suspended until March after attempting a comeback, Cryptopia halted its operations in May and went into liquidation. This theft resulted in $16 million in losses in ether and dozens of ERC-20 tokens, according to a report from blockchain data analytics firm Elementus. This hack was highly concerning because after the exchange’s assets were drained from its core pair of hot wallets the hackers were able to access more than 76,000 secondary hot wallets belonging to users. The New Zealand-based exchange Cryptopia suffered an attack on user wallets that began on January 14 and lasted nearly five days.
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