{"id":12072,"date":"2019-01-30T00:00:00","date_gmt":"2019-01-30T00:00:00","guid":{"rendered":"https:\/\/crypto-economy.com\/2019\/01\/30\/ethereum-price-analysis-eth-up-2-1-early-stages-for-250-in-progress\/"},"modified":"2019-01-30T00:00:00","modified_gmt":"2019-01-30T00:00:00","slug":"ethereum-price-analysis-eth-up-2-1-early-stages-for-250-in-progress","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/ethereum-price-analysis-eth-up-2-1-early-stages-for-250-in-progress\/","title":{"rendered":"Ethereum Price Analysis: ETH up 2.1%, Early Stages for $250 in Progress"},"content":{"rendered":"
Elementus<\/a>, a blockchain company that says is \u201cis building the future of data interoperability on the blockchain\u201d<\/strong> and has the \u201cEnterprise-grade data for every industry, from every non-private ledger\u201d is taking the Cryptopia<\/strong> <\/a>issue upon themselves and demystify the saga around the exchange\u2019s deliberate silence and lack of status update.<\/p>\n <\/p>\n It has been more than two weeks since hackers pulled off one of the largest heists in 2019<\/strong>, stealing an estimated $16 million worth of ETH and numerous altcoins<\/strong>. Although nothing has been collaborated, Elementus note that many users with funds held at the exchange\u2019s custody were impacted negatively and are not laying out what really happened.<\/p>\n In a blog post, the team made use of their analysis tool, the Elementus Query Engine, investigating how the theft took place and where the funds were taken to, the amount stolen and most importantly, point out the current status of the funds stolen. The investigation is sparked by the exchange\u2019s lack of update and Elementus is convinced that \u201cit’s important for the facts to be known.\u201d<\/p>\n They concluded that close to $16 million worth of ETH and ERC-20 tokens were moved out from many wallets. This led to be the believe that hackers had access to perhaps thousands of private keys. Most of these funds found their way to Binance–$279,525 from 63 deposits and BitBox–$326,581 from 44 deposits even though $15 million worth of ETH are still held at two addresses.<\/p>\nETH\/USD Price Analysis<\/strong><\/h2>\n