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Cryptopia exchange $2.5 million loss: Etherdelta hacker strikes again
New year, new hack. Were just fifteen days into 2019 and already a crypto exchange has been hacked. New Zealand exchange Cryptopia lost significant funds in a security breach on January 13 (UTC), according to a statement. By examining blockchain records (Cryptopia didnt disclose how much was stolen), it appears that 20,000 ETH ($2.5 million) has been stolen by none other than the hacker or hackers behind the 2017 Etherdelta attack. (Weve reached out to Cryptopia for comment, but the company has not responded to our questions at the time we went to press.)
Since the hack, Cryptopia underwent unexpected maintenanceand has yet to resume normal service. The exchange has notified government exchanges including the New Zealand police and the High Tech Crimes Unit. In response, some community members have accused the exchange of running an exit scam. However, there is no evidence this was the case.
In fact, when examining blockchain records, it may have been the same hacker that stole tens of thousands of dollars worth of ETH back in 2017 by lifting private keys from decentralized exchange Etherdelta. Some ETH from the source of funds used for the Etherdelta attack was sent to the same address as a likely recipient of the Cryptopia hack. And its a rather suspicious address indeed...
https://decryptmedia.com/4495/cryptopia-hacked-etherdelta-2-5million