Bitcoin Forum
May 03, 2024, 12:31:59 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2016-05-27] Hot wallet breach at HK bitcoin exchange: transparency in action  (Read 306 times)
trinaldao (OP)
Copper Member
Legendary
*
Offline Offline

Activity: 1218
Merit: 1007


Post your ann & bounty just contact me


View Profile WWW
May 27, 2016, 06:54:41 AM
 #1

Between May 9 to May 12, crypto-currency trading platform, Gatecoin, suffered what the company confirmed was a breach by external parties. The company brought in Tehtri Security to conduct a forensic investigation to determine how the breach occurred and the extent of losses.

In a blogpost the company confirmed that the breach may have occurred between the evenings of May 9 and May 12, 2016, which Gatecoin attributed to a service disruption caused by a server reboot in the evening of May 9. The company detected suspicious transactions in the evening of May 13 and suspended all services to prevent further unauthorized access to the ETH (ethereum) and BTC (bitcoin) hot wallets.

http://www.enterpriseinnovation.net/article/hot-wallet-breach-hk-bitcoin-exchange-lessons-learned-1195404574

INVALID BBCODE: close of unopened tag in table (1)
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!