The Cryptopia Hack Reminds Us Once Again How Important Security is in Crypto.
As CEO of Mandala Exchange, a faithful Cryptopia user for years, and unfortunately a victim of their recent compromise — we sincerely empathize with the team & their users. I cannot imagine what they’re going through right now internally but we are sending strong positive vibes to the team in hopes for recovery, as well as their users. - Nate Flanders, CEO of Mandala
What Mandala has Done to Protect Users.
Mandala uses Bitgo as its custody service provider. This adds layers of security on top of the security Mandala has built into its trading platform.
Sign Up for Mandala
Mandala 500 MDX Bounty Program.
For this bounty Hunters will need to visit the link above, create a profile and successfully complete the KYC process. Hunters will then be assigned a unique referral link which they will then need to share across any social media channels of their choosing.
Hunters can be rewarded with up to 500 MDX Tokens at the conclusion of the Bounty Campaign based upon the number of completed actions.
Action 1: Profile creation & KYC completion (200 Tokens).
Action 2: Referral link shared (50 Tokens each).
In order to be rewarded with the maximum allowable tokens (500) Hunters will need to create a profile, complete the KYC process, and share their referral link on 6 social media platforms.
Action 1 will be verified by our Admin staff, while Action 2 will need to be documented by the Hunter and submitted through the Campaign here.
On a Personal Note I would Like to Add My Opinion About Security.
If You are serious about how crypto can change your life then security has to be a top priority. Learn how to be your own bank. Never keep more crypto on exchanges than you are willing to lose. Holding your crypto offline with private keys is the most responsible way of handling crypto.
I feel awful for my fell Cryptopia users. Every year big hacks like this happen and we are reminded how important it is to take our security into our own hands.
We have accounts on both Mandala and Cryptopia. I hope Cryptopia recovers from this attack quickly. Time to add an exchange. Mandala is a next generation platform that is taking security serious and I hope you decide to open an account there. Here is an affiliate code if you are interested in Mandala.