Gatecoin, a Bitcoin-based digital currency exchange, has announced that due to a security breach, it has lost $2m, equivalent to 15% of the total assets it holds. The service will move to a new infrastructure and will be offline until May 28. The company intends to reimburse customers for lost funds. Incidents such as this continue to undermine the ability of Hong Kong to break into the mainstream.
Gatecoin, a Hong Kong-based digital currency exchange, has announced that due to a security breach, it has lost $2m, equivalent to 15% of the total assets it holds. The service will move to a new infrastructure and will be offline until May 28. The company intends to reimburse customers for lost funds. Incidents such as this continue to undermine the ability of Bitcoin to break into the mainstream.