Cryptopia says it looks set to go back online. The New Zealand-based cryptocurrency exchange, which suffered two rounds of hacks in the space of about two weeks back in late January, tweeted briefly (Feb 27) that it intends to re-open as “read-only” by March 4.

According to Cointelegraph (Feb 27), both of Cryptopia’s founders will also be back to lead the company after its latest system overhaul. Police have granted Cryptopia permission to resume trading per normal as of mid-February.

Cointelegraph also said that although New Zealand police are fairly certain about taking all the hackers into custody, commentators have been doubtful about the chance of success.

For seemingly the first time, Cryptopia hinted in another tweet at the possible amount it lost through the hacking incidents:

“We are continuing to work on assessing the impact incurred as a result of the hack in January. Currently, we have calculated that worst case 9.4% of our total holdings was stolen.”

Cryptopia remained largely silent since the twin hacking incidents until now, with the amounts lost from the hacks left to unconfirmed media reports. At the time, TheCryptoSight estimated the total lost at roughly over $16 million worth in crypto.