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Gatecoin CEO Reveals $2 Million Loss in Hacking Incident

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Traderman reports: On Saturday, Gatecoin CEO Aurélien Menant, released a statement that details the nature of the hack and how the exchange managed to lose 15% of client’s digital currency deposits. Gatecoin has always kept 95% of all customer funds in multi-signature cold wallets, however, the hacker managed to alter Gatecoin systems in such a way [...]

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