Exchange record
BITKER
Singapore-based centralized cryptocurrency exchange launched in May 2018. BITKER reported a cyberattack on May 28, 2019 that caused losses it could not absorb and terminated exchange operations on September 2, 2019.
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Summary
Singapore-based centralized cryptocurrency exchange launched in May 2018. BITKER reported a cyberattack on May 28, 2019 that caused losses it could not absorb and terminated exchange operations on September 2, 2019.
Timeline
BITKER began operating in May 2018 as a Singapore-based centralized cryptocurrency exchange.
BITKER stated that it suffered a cyberattack on May 28, 2019 and incurred losses that the business could not afford.
BITKER ended exchange operations at 23:59:59 on September 2, 2019 after concluding that it could not recover from the losses caused by the May cyberattack.