As we celebrate a quite successful 2019 in the crypto industry and enter the new year with new hope, hacks and scams across the industry remain a problem we have to face in 2020. Centralized exchanges and custodial wallets were the most targeted institutions across 2019 with investors losing over $500 million in the process.
New Zealand-based crypto exchange Cryptopia has announced on Twitter that no user should make any deposit. This came to 6 May, a few days after the exchange shutdown activities citing maintenance as the reason. The announcement, however, did not go down well with Cryptopia followers on Twitter who are likely users of the exchange. Users