Nowhere does the phrase ‘misfortunes don’t come singly’ appear to be truer than in the case of Hong Kong-based cryptocurrency exchange Gatecoin which has been hacked, had its banking accounts frozen, lost funds to a payment processor and now faces liqu…
The cryptocurrency and blockchain exchange announced today that it will be relaunching its trading platform after suspending trading earlier this year following a breach on its system. Hong Kong-based Gatecoin has unveiled in a blog post that trading will recommence on Wednesday, August 17 at 08:00 GMT. Clients will be able to trade and transfer […]
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Gatecoin, the regulated bitcoin and digital currency exchange, recently distributed an email to its customers, disclosing news regarding the company’s attempt to secure funding to cover the losses it suffered after a cyber attack on its hot wallets. The Hong-Kong based company issued the statement at 12:00 p.m. HKT detailing its efforts to reimburse its […]
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Gatecoin, a Hong Kong-based digital currency startup that has cited segregated client accounts as a way to minimize exposure to risks, suffered a breach and lost 250 BTC and 185,000 ETH, 15% of its crypto asset deposits. A cybersecurity firm, Tehtri Security, conducted a forensic investigation and confirmed the breach, Gatecoin announced in a statement by CEO […]
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