<p>Cryptopia Exchange suspended trading Monday following a serious hack. The New Zealand-based company, which primarily trades alt-coins, <a href="https://twitter.com/Cryptopia_NZ/status/1085084168852291586">released a statement</a> saying it had gone into maintenance mode until further notice while the "security breach" is investigated. No official figure has been released on the amount of funds missing but<a href="https://twitter.com/lawmaster/status/1085110929694605312"> an analysis via etherscan </a>of two suspected transfers indicates that it could be in the range of $3.5 million - including 19,391 ether (ETH) tokens worth around <a href="https://twitter.com/whale_alert/status/1084444049313021952" target="_blank" rel="external noopener noreferrer" data-wpel-link="external">$2.44 million</a>. The other token targeted was CENNZ. The transfers were made on Jan 13 from Crytopia to an unknown wallet, though it is unconfirmed whether they <span style="background-color: rgba(246, 213, 217, 0.094);">were </span>made by a hacker or a legitimate user.</p> <p>Local police are investigating the "major crime," the statement added.</p> <p>Currently, hacks on crypto exchanges total more than $1.1 billion, according to an <a href="https://twitter.com/lawmaster/status/1085110929694605312">analysis by Larry Cermak</a>. This includes the infamous attacks on Mt. Gox and Bitfinex. If confirmed, the hack of Crytopia would be the first reported one of its kind this year.</p> <p>Meanwhile, Cryptopia's website remains under "unscheduled maintenance."</p>