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Cryptopia plans to resume operations amidst national grieving in March

cryptopia new zealand to reopen in march

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The New Zealand based crypto asset exchange that was hacked in January this year, Cryptopia, has announced its plans to relaunch the platform towards the end of March. This is amidst national grieving over the Christchurch mosque attack.

Co-founder of this Crypto exchange, Rob Dawson made a statement in the recent post updated on 17th of March, that the firm is eagerly looking forward to relaunching and resuming trade. He also said that Cryptopia users will be provided with information regarding the recommended changes for user-account interactions and the process of rebate for those who lost funds.

The exchange company successfully relaunched their website on the 5th of March, in a read-only format which only shows the customer balances the way they were on 14th January, 2019, when the firm was hacked for worth sixteen million dollars. This website may be used for two-factor verification credentials and to change passwords, as the exchange is making an effort to ensure compliance with regional laws.

Rob mentioned that customer who faced a loss that day will be given access to data on withdraws for the assets they lost on their accounts, explaining that the transaction identification for orders of withdrawal will not appear on the network, but will detail regarding the impact on the coin during the hack will be made available.

According to this post, the user will also be able to view a Loss Marker deposit, representing those assets, that will not show on the network. One of the major changes made by the exchange firm on their website is enabling users to withdraw any outstanding orders when the AOI is switched off.

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Johnson Go

Blockchain enthusiast, project management specialist, writer and crypto investor. JG deals mostly with problems and solutions of crypto projects and provides market outlook for investments. He contributes his analytical skills to projects.

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