Cybersecurity incident
Date: 2016-05-15 00:00:00
Affected organization: Gatecoin
Affected country: China
Industry: Finance and Insurance
Event type: Exploitive
Event subtype: Exploitation of Application Server
Motive: Financial
Actor: Undetermined
Actor type: Criminal
Actor country: Undetermined
Description: Hong Kong-based Bitcoin and Ethereum exchange service Gatecoin announces the theft of a large amount of cryptocurrency following what they believe was a server intrusion. The company says it lost 250 Bitcoin ($114,500) and 185,000 Ethereum ($1,850,000), totaling over $2,000,000.