Bitcoin [BTC] exchange Gatecoin shuts down after exchange fails to recover from financial complicationsBitcoin [BTC] exchange Gatecoin shuts down after exchange fails to recover from financial complications ambcrypto BTC Gatecoin

Gatecoin, the Hong Kong-based Bitcoin exchange, announced the closure of all operations indefinitely after facing multiple financial complications. The exchange was in liquidation after it failed to recover its losses suffered back in 2016 after a $2 million hack. The development team announced that its services were suspended after the exchange struggled to stay relevant ...