Gatecoin to Relaunch Its Services on August 17, 2016
Gatecoin, the Hong Kong based cryptocurrency platform will be relaunching its services next week. Gatecoin, a digital currency exchange platform that had faced a hacking incident earlier this year, is planning to make a comeback on August 17, 2016. The Hong Kong-based exchange experienced a security breach on May 13, leading to a reported loss of about $2 million in cryptocurrency deposits. In a blogpost published last week, the platform confirmed losing 250 BTC and 185,000 ETH tokens during the hacking incident. Gatecoin will start operating in a limited capacity from next week. Customers....
Related News
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 BTC, DGD, DAO (withdrawals only), REP (trading only), EUR, USD, and HKD, with no trading fees until September 1, 2016. Partial withdrawals of Ethereum (ETH) will be enabled to ETH holders who have been affected by the hack. Gatecoin is also....
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 Aurélien Menant posted on its website. The breach took place between Monday, May 9, late night HKT, to Thursday evening HKT, 12 May 2016, the statement noted. The company noticed a disruption of service caused by a server reboot. The....
Hong Kong-based exchange Gatecoin, which suffered a major theft in May, has raised $500,000 from a listed Japanese investment company to aid in its recovery and reopening. Gatecoin in Recovery, Fires CTO. Gatecoin (gatecoin.com) plans to reopen for regular business in August. The trading platform has been suspended since the second week of May, when a....
Gatecoin, Hong Kong-based digital assets exchange has released an updated statement on its on-going efforts to secure funding. The company announced that it raised 500,000 USD from a Japanese investment firm. The money will be directed to strength the security infrastructure. The money to reimburse the stolen Ether hasn't been secured yet. Gatecoin, the online trading platform for cryptocurrency and blockchain assets, has released a new statement regarding their efforts to secure funding. The cryptocurrency exchange suffered from a major hacking incident. The heist resulted in the loss of....
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 clients after it lost over 185,000 ether and 250 bitcoins, worth around $2 million during the sale of assets related to Ethereum-based decentralized autonomous organizations (DAOs) in May. The email detailed three funding channels: Equity....