Gate.io Hack
REPORTED LOSS
$1.8M
What happened
Quick Summary
Gate.io, a crypto exchange also known as BTER in the past, has been exploited through private key compromise. The hacker drained 7,170 $BTC from the exchange's cold wallet.
Details of the Exploit
Gate.io centralized crypto exchange's wallet's private keys were compromised. The hacker transferred roughly 1,750,000 $USD worth of 7,170 $BTC from the exchange's cold wallet in a single transaction.
Block Data Reference
Attacker address:
https://www.blockchain.com/btc/address/18ywz63JuUjsQ9kWyKs48dnRd2w1Hix7FY
Malicious transaction:
https://www.blockchain.com/btc/tx/f5b0363f03e1ed8bb812c135361ea93590c831ce9f13a3750be1b93575baccc6
Case & protocol details
Classification
CeFi
Protocol Type
Liquid Staking
Affected asset / contract
GT
Official Website
www.gate.io/
Protocol Twitter/X
@gate_io
Evidence & learning
Attack pattern
Compare incidents →Sources and on-chain records
- report Report coindesk.com
- report Report coindesk.com
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