Gatecoin Exchange Hacked for $2 Million
Summary #
On May 09, 2016, cryptocurrency exchange Gatecoin was hacked, resulting in the theft of approximately $2 million in cryptocurrencies. Hackers gained access to the exchange’s hot wallets and stole funds.
Attackers #
The identity of the hackers who carried out the attack on Gatecoin is unknown.
BTC Wallet:
ETH Wallets:
- 0x04786aada9deea2150deab7b3b8911c309f5ed90
- 0xc062dceed93087c9112ff7b02d53e928e49cec09
- 0x1342a001544b8b7ae4a5d374e33114c66d78bd5f
- 0xd4914762f9bd566bd0882b71af5439c0476d2ff6
Losses #
Gatecoin estimated the losses from the hack to be approximately $2 million. The stolen assets included:
- 185,000 ETH
- 250 BTC
Timeline #
- May 09, 2016, 6:14 PM +UTC: Hacker makes a malicious transaction.
- May 14, 2016: Gatecoin reported the hack of its hot wallets and started an investigation.