{"id":193218,"date":"2023-09-04T17:40:03","date_gmt":"2023-09-04T17:40:03","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=193218"},"modified":"2023-09-04T17:40:03","modified_gmt":"2023-09-04T17:40:03","slug":"crypto-gambling-site-stake-sees-16m-withdrawn-in-possible-hack","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/crypto\/crypto-gambling-site-stake-sees-16m-withdrawn-in-possible-hack\/","title":{"rendered":"Crypto gambling site Stake sees $16M withdrawn in possible hack"},"content":{"rendered":"
Crypto gambling site Stake experienced $16 million in withdrawals on Sept. 4 in what security platform Cyvers Alerts is calling \u201csuspicious transactions.\u201d The withdrawing account has been labeled \u201cStake.com Hacker\u201d by Etherscan, implying that the drained funds may be the result of a stolen private key.<\/p>\n
Blockchain data shows very large withdrawals from Stake.com contracts into the alleged attacker\u2019s account. The first transaction occurred at 12:48 pm, transferring approximately $3.9 million worth of stablecoin Tether (USDT) from Stake to the attacker\u2019s account. The next two transactions removed 6,001 Ether (ETH), worth approximately $9.8 million at the current price. The attacker continued to remove tokens over the next few minutes, including approximately $1 million in USD Coin (USDC), $900,000 worth of Dai (DAI) and 333 Stake Classic (STAKE) ($75.48). Cyvers estimated the total value of the crypto drained to be $16 million.<\/p>\n
After draining the funds, the alleged attacker distributed them to multiple accounts. At the time of publication, Stake has not made an announcement regarding the suspicious withdrawals.<\/p>\n
Related:\u00a0<\/strong>Atomic Wallet faces lawsuit over $100M crypto hack losses: Report<\/strong><\/em><\/p>\n Stake is a crypto gambling protocol that offers dice games, Blackjack, Lingo and other casino games, as well as sports betting for basketball, tennis, volleyball and others. <\/p>\n This is not the first time in 2023 that crypto gambling sites may have been targeted by hackers. On July 23, payments provider Alphapo suffered $31 million in suspicious withdrawals. Alphapo was a provider for several crypto-gambling sites, including Hypedrop, Bovada and Ignition.<\/p>\n This is a developing story, and further information will be added as it becomes available.<\/p>\n