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

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.

About the author: Dissent

Comments are closed.