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Gatecoin cryptocurrency exchange seeks to reimburse stolen funds after US$2m security breach

Posted on June 14, 2016 by Dissent

Gene Lin reports an update to a previously noted incident:

Hong Kong-based cryptocurrency exchange Gatecoin is turning to fundraising channels as a means to reimburse lost assets after around US$2 million (HK$15.5 million) worth of cryptocurrency was stolen during a cyberattack this May. The exchange is in an effort to relaunch by the end of July.

Read more on Hong Kong Free Press.

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Category: Business SectorHackNon-U.S.

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