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…

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Source: https://thebitcoinnews.com/cryptopia-resumes-trading-on-40-pairs-with-14-haircut-on-bitcoin/