Security Incident · Exchange
Gatecoin Server Breach: $2.00M Reported Loss
Gatecoin experienced a cyberattack on its hot wallets that resulted in the loss of funds.
- Reported loss
- 2,000,000 USD
- Attack category
- Server is hacked
Incident Overview
A new update from the exchange team indicated that as much as $2m was lost, confirming rumors that circulated soon after the hack became apparent. Gatecoin has claimed that it lost as much as 185,000 ethers and 250 bitcoins, an amount worth roughly $2.14m at press time.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.