Gate.io

Quick Summary

Gate.io crypto exchange's cold wallets were exploited via access control. The previous hacker address on the 2015 exploit was
involved in this one too. The stolen amount reached roughly 230,000,000 $USD.




Details of the Exploit

Gate.io is a centralized crypto exchange. The exchange's cold wallet's private keys were compromised. There is an address involved
in the previous 14 February 2015 hack. The total stolen funds were valued at 234,337,668 $USD at the moment of the accident, which
contains 10,777 $BTC, 218,790 $ETH, 175,866 $ETC, 3,043,268 $XRP, 11,000 $LTC, 3,783 $ZEC, and 99,999,000 $DOGE. 




Block Data Reference

Compromised address:

https://www.blockchain.com/btc/address/1M2bv6sypZSp6uAEC9U4Gzvgp6jd29F87e




Major transactions:

https://www.blockchain.com/btc/tx/086f9d27f574c7a1b9179fc7524c2a5227a095ca7c3b096d93ed6fbf8e92af16

https://www.blockchain.com/btc/tx/d08acac36311373f81f45179de3aa72174cb665122eb2aadefc74738fc6cbcd5

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