Stake.com, the world’s largest crypto casino, has been targeted by a hack that has resulted in a $41.3 million (€38.4 million) loss.
Crypto Casino Stake.com Target of $41.3 Million HackAccording to web3 security agency Beosin, the majority of the stolen funds ($17.8 million) was withdrawn from the platform’s hot wallet which is on the Binance Smart Chain. Another $15.7 million was withdrawn on Ethereum while a further $7.8 million was withdrawn on Polygon.
In a statement released on X (Twitter), Stake.com announced that it was aware of the suspicious transactions but that all customer funds were safe.
Crypto Casino Stake.com Target of $41.3 Million HackThree hours ago, unauthorised tx’s were made from Stake’s ETH/BSC hot wallets.
We are investigating and will get the wallets up as soon as they’re completely re-secured.
Crypto Casino Stake.com Target of $41.3 Million HackBTC, LTC, XRP, EOS, TRX + all other wallets remain fully operational.
— Stake.com (@Stake) September 4, 2023
In a statement last year, Ed Craven, Stake.com’s founder said that the platform is responsible for nearly 6% of Bitcoin transactions online and 15% of all Litecoin transactions.
Crypto Casino Stake.com Target of $41.3 Million Hack. Stake.com’s founders are also the subject of a $400 million lawsuit relating the establishment of the company.update: FBI points finger at North Korean Lazarus Hacking Group
