Leaderboard
489All-time rank
G
Gatecoin
May 14, 2016
$2.0M
Lost
$2.0M
Recovered
$0
Net loss
$2.0M
Unrecovered0% recovered
Between May 9-12, 2016, Hong Kong-based Gatecoin suffered a breach where attackers exploited a server reboot disruption to reroute deposits from cold multi-signature wallets to a vulnerable hot wallet. Approximately 250 BTC and 185,000 ETH (~$2M) were stolen, representing 15% of exchange assets.
- Target
- CEX
- Classification
- Access Control
- Technique
- Improper Access Control
- Attribution
- Unknown
- Chains
Ethereum
Event timeline
- May 14, 2016Exploit executed — $2.0M drained via improper access control
- Attributed to Unknown
- Recovery status Unrecovered 0%