Altcoin Exchange Hacked, Claims $2 Million United States dollars Lost

Hong Kong altcoin exchange Gatecoin has reportedly been hacked resulting in nearly $2 Million USD in cryptocurrency missing. A statement posted today on their website stated:

"In total, the hot wallet breach resulted in the loss of ETH 185,000 and BTC 250, which is equivalent to USD 2 million. This represents 15% of total crypto-asset deposits held by Gatecoin. So far, the forensic investigation has identified the wallet addresses used by the hackers"

The site's twitter account indicated the website and API would be offline while the extent of the hack was investigated.

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