Gatecoin hack

Years after brutal $2M hack, Gatecoin cryptocurrency exchange is dead The Next Web

Seminal cryptocurrency exchange Gatecoin is dead, years after it lost $2 million in Bitcoin and Ethereum belonging to its customers.

#crypto #HedgeMaven May 2016 - Gatecoin Hack - $2.5m (Hong Kong) Apr 2016 - Shapeshift Exchange Hack - $200k (Switzerland) Mar 2016 - CoinTrader/NewNote Shuts Down - $1.5m? (Canada) Sep 2015 - BitPay Social Engineering - $1.8m (United States) May 2015 - Bitfinex Hot Wallet Hack - $400k (Hong Kong) Mar 2015 - Coinapult Hot Wallet Hack - $43k (Panama) Mar 15, 2019 · When the hack was executed the total loss for the company was about $2 million dollars. However, when the crypto market was running strong, their Ethereum holdings alone were worth more than $203 million. In January 2018, Gatecoin was processing about $17 million in cryptocurrency trading volume, a figure which has dropped significantly over time. Buy & Sell.

14.01.2021

Still reeling from the effects of the hack, Gatecoin’s operations were put in further jeopardy after the Chinese government banned Initial Coin Offerings (ICOs) and crypto-to-fiat trading options in the country. "Gatecoin has claimed that it lost as much as 185,000 ethers and 250 bitcoins, an amount worth roughly $2.14m at press time. The exchange further said that it believes the hack first began on 9th May, and that it continued over the following three … 21/6/2018 May 2016 - Gatecoin Hack - $2.5m (Hong Kong) "News emerged last week of yet another security event in the digital currency exchange ecosystem, this time impacting a Hong Kong-based service involved in the sale of assets related to Ethereum-based … Gatecoin was among the first exchanges in the world to list ICO tokens. These have mostly been ERC20 standard ethereum tokens. The nature of these tokens has changed over the last two years, shifting from mostly utility tokens to hybrid-security-like assets and so regulators have begun to weigh into the legal status of tokens and their secondary market trading.

Jan 14, 2019 As far as we know, the hacker is same person/group that supposedly hacked CypheriumChain (more than 17,000 ETH were stolen). The hacker

In its recent announcement, Gatecoin shed some light on what caused the liquidation. Still reeling from the effects of the hack, Gatecoin’s operations were put in further jeopardy after the Chinese government banned Initial Coin Offerings (ICOs) and crypto-to-fiat trading options in the country. In its recent announcement, Gatecoin shed some light on what caused the liquidation. Still reeling from the effects of the hack, Gatecoin’s operations were put in further jeopardy after the Chinese government banned Initial Coin Offerings (ICOs) and crypto-to-fiat trading options in the country.

We study whether news and sentiment about bitcoin regulation, the hacking of bitcoin exchanges 2018-09-09, C-CEX, NA, 2016-05-15, Gatecoin, 200 000.

However, when the crypto market was running strong, their Ethereum holdings alone were worth more than $203 million. In January 2018, Gatecoin was processing about $17 million in cryptocurrency trading volume, a figure which has dropped significantly over time. Buy & Sell. Use different options to buy and receive 20+ cryptocurrencies straight to your wallet, or sell them for Euros. Gatecoin is a bitcoin and ethereum token exchange.

Mar 16, 2019 · However, the transparent open ledger of Ethereum has come to the disadvantage of the robbers in the Gatecoin hack. The wallets on the ledger which hold the stollen Ether (ETH) tokens have been tagged by the crypto community and the funds are being tracked. Four Ethereum Wallets have been directly linked to the Gatecoin scam of 185000 ETH tokens. The Hong Kong based crypto currency exchange Gatecoin has been hacked and had apparently lost a lot of Ethereum and some Bitcoins stollen by the hackers. The official announcement released by the exchange says that the breach of their system caused a los of 15% of their crypto-asset deposits. Type: Hack / Theft; In May 2016, Gatecoin announced that it had lost 185,000 ETH and 250 BTC, worth roughly $2.14 million at the time, in a hack. The Hong Kong-based exchange experienced an intrusion on its hot wallets, leading to the loss of funds.

Through our intuitive trading platform, we enable individuals and institutions around the world to trade and invest in cryptocurrency and blockchain assets. Gatecoin joined The SuperCharger FinTech accelerator program sponsored by Baidu and Standard Chartered bank in January 2016. [unreliable source] [unreliable source] Hack . In 2016 Gatecoin experienced a cyberattack on its hot wallets that resulted in the loss of funds. Los tribunales han ordenado la "liquidación" del intercambio de criptomonedas con sede en Hong Kong, Gatecoin. Según un anuncio en su página web.

The company wrote that Gatecoin will have to cease operation with immediate effect, noting that the exchange will assist in the liquidation process in order to distribute assets to the creditors. Gatecoin, which is a crypto exchange that was hacked in May 2016, is in the cryptocurrency news today for announcing that it has received a winding up Gatecoin suffered a $2 million loss after a security breach. Gatecoin, a Hong Kong-based digital currency exchange company, became the victim of a security breach that allowed hackers to … Renowned cryptocurrency exchange named ‘Gatecoin’ that was hacked earlier in May 2016, has recently 'revealed' that it has received a Hong-Kong Based Hacked Gatecoin Exchange Receives Liquidation Order From Court. 15/3/2019 Gatecoin ‘winds-up’ Business; Ethereum Wallets Tagged With Links To Gatecoin Hack. Courts have ordered ‘liquidation’ of the Hong-Kong based cryptocurrency exchange, Gatecoin.

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It is undeniable that there are so many mind-blowing hacks, not only on this website, but out and about in the world at large. As the systems and objects around us become more complex, the opportunity for analyzing and reconfiguring them gr

IO, Coinbase-GDAX, Gatecoin, Gemini, hitBTC, Huobi, itBit, Kraken, Jun 13, 2019 Hackers carry out attacks not only to steal money. Gatecoin was one of the first regulated cryptocurrency exchange platforms to spring up. Mar 17, 2019 Gatecoin started off with bang until the 2016 multi-million hack that stripped it off over $2M. It's failed attempts to stay afloat finally ended today. Apr 22, 2019 Bitcoin bank holding more than $1 million has been hacked, leaving GateCoin was one of the first regulated cryptocurrency exchanges at the Cryptocurrency Exchange Hack - How can you prevent this nightmare from happening With exchanges dropping like flies due to hacks, the industry has become more Gatecoin. $2.14M.

Cryptocurrency Exchange Hacks, Frauds, and Scams. Those who ignore history are May 2016 - Gatecoin Hack - $2.5m (Hong Kong) · Apr 2016 - Shapeshift

CEO Aurélien Menant took to the Slack channel for the Gatecoin, a crypto exchange that was hacked in May 2016, has announced on March 13 that it has received a winding up (compulsory liquidation) order from an unspecified court. The company wrote One of the original regulated crypto exchanges, Gatecoin was founded back in 2013 with a focus on Bitcoin Core (BTC) and Ethereum (ETH). At the time of the hack three years ago, the total amount stolen was worth in excess of $2 million—an amount that had rocketed to hundreds of millions at the height of the bull market in 2017. While the hack happened almost three years ago, Gatecoin suffered a swathe of banking disruptions in the years following. They started in September 2017, when its Hong Kong-based bank accounts were Following the hack, Gatecoin suffered a swath of banking disruptions. In September 2017, its Hong Kong-based bank accounts were suddenly frozen.

Gatecoin is a bitcoin and ethereum token exchange. Founded in 2013 by investment bankers, Gatecoin is a bitcoin and ethereum token exchange designed for both professional traders and retail investors. Gatecoin exchange has reportedly ceased operation effective March 13th, 2019.