Bankrupt Cryptopia exchange distributes $225M to hack victims
Fri, Dec 20, 2024 2:09 PM

Bankrupt Cryptopia exchange distributes $225M to hack victims

A Flip by Avya Verma
Get it on Google Play
Cryptopia’s liquidator, Grant Thornton, has announced the start of distributions to more than 10,000 verified account holders affected by Cryptopia’s hack in 2019.Liquidators of the bankrupt cryptocurrency exchange Cryptopia have started distributing millions to users affected by a hack that took place nearly six years ago.

More great flips

Leather exports likely to grow by over 12 pc to USD 5.3 bn this fiscal

Leather exports likely to grow by over 12 pc to USD 5.3 bn this fiscal

India's leather and footwear exports are expected to grow 12% to $5.3 billion in the current financial year, driven by strong demand in the US and UK, with African markets also being explored. The industry has a potential turnover of $47 billion by 2030, with the sector seeking government support and incentives to achieve this goal.

Open Flip
FTSE rejig: What stocks were moved?

FTSE rejig: What stocks were moved?

Bharti Hexacom and Go Digit General Insurance shares are the latest additions to the FTSE index, according to the latest readjustment which also saw an increase in weightage of heavyweight stocks like ICICI Bank, Bajaj Finance and Kotak Mahindra Bank. The FTSE indices readjustment will be effective Monday, December 23 and the adjustment took place on Friday, December 20.

Open Flip
Apple’s $1 Billion Investment May Be Fleeting Win for Indonesia

Apple’s $1 Billion Investment May Be Fleeting Win for Indonesia

Indonesia claimed victory after Apple Inc. offered to increase its investment in the country to $1 billion to get President Prabowo Subianto’s government to lift a ban on the sale of iPhone 16s. The win may be short-lived. Indonesia needs a manufacturing revival to create jobs and boost economic activity to meet Prabowo’s target of 8% annual growth in the next five years.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon