Gatecoin official statement: Hot wallet breach losses estimated to be $2M USD

[BitcoinXio]

Yesterday it was discovered that the Hong Kong based bitcoin and cryptocurrency exchange Gatecoin had been hacked. Thomas Glucksmann, marketing manager from Gatecoin, told us that Gatecoin is investigating the issue and looking to fix it ASAP, specifically stating that Gatecoin “will cover for the potential losses.” Gatecoin stores 95% of users’ crypto-asset funds in multisig cold storage vaults.

Read more: http://bitcoinx.io/news/articles/gateco ... be-2m-usd/

[iFixBTCmemoryIssues]

Yesterday it was discovered that the Hong Kong based bitcoin and cryptocurrency exchange Gatecoin had been hacked. Thomas Glucksmann, marketing manager from Gatecoin, told us that Gatecoin is investigating the issue and looking to fix it ASAP, specifically stating that Gatecoin “will cover for the potential losses.” Gatecoin stores 95% of users’ crypto-asset funds in multisig cold storage vaults.

Read more: http://bitcoinx.io/news/articles/gateco ... be-2m-usd/

Remember everyone, invest in your security and hire third-party sources for weekly security audits.

[CryptoChartIndex]

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