Crypto Casino Stake reopens withdrawals just 5 hours after $41M hack
The online crypto casino reported unauthorized transactions from its hot wallets on September 4, with blockchain security firms believing that at least $41 million was stolen from hackers.< /p>
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Crypto betting platform Stake reopened deposits and withdrawals and resumed services for users just five hours after the platform was hacked for $41.3 million, blockchain security firms estimate.
Stake confirmed that all services resumed at 9:28 p.m. (UTC time) on September 4, hours after the platform confirmed that several unauthorized transactions had been made on Stake's ETH/BTC hot wallets:
All services resumed! Deposits and withdrawals are processed instantly for all currencies. We apologize for any inconvenience.
— Stake.com (@Stake) September 4, 2023The betting site said its Bitcoin (BTC), Litecoin (LTC), and XRP (XRP) wallets were not affected, but has not yet shared the cause of the exploit or the amount stolen . Stake has however confirmed that user funds remain safe.
Three hours ago, unauthorized transactions were made from Stake's ETH/BSC hot wallets.
We are investigating and will reactivate the wallets as soon as they are completely secure again.
User funds are safe.
BTC, LTC, XRP, EOS, TRX + all other wallets remain fully operational.
— Stake.com (@Stake) September 4, 2023Analysis by blockchain security firm Beosin calculated the total loss at $41.35 million, including $15.7 million on Ethereum, $7.8 million on Polygon, and $17.8 million extra dollars on the BNB smart channel.
@Stake experienced several suspicious exits on
The online crypto casino reported unauthorized transactions from its hot wallets on September 4, with blockchain security firms believing that at least $41 million was stolen from hackers.< /p>
News
Join us on social networks
Crypto betting platform Stake reopened deposits and withdrawals and resumed services for users just five hours after the platform was hacked for $41.3 million, blockchain security firms estimate.
Stake confirmed that all services resumed at 9:28 p.m. (UTC time) on September 4, hours after the platform confirmed that several unauthorized transactions had been made on Stake's ETH/BTC hot wallets:
All services resumed! Deposits and withdrawals are processed instantly for all currencies. We apologize for any inconvenience.
— Stake.com (@Stake) September 4, 2023The betting site said its Bitcoin (BTC), Litecoin (LTC), and XRP (XRP) wallets were not affected, but has not yet shared the cause of the exploit or the amount stolen . Stake has however confirmed that user funds remain safe.
Three hours ago, unauthorized transactions were made from Stake's ETH/BSC hot wallets.
We are investigating and will reactivate the wallets as soon as they are completely secure again.
User funds are safe.
BTC, LTC, XRP, EOS, TRX + all other wallets remain fully operational.
— Stake.com (@Stake) September 4, 2023Analysis by blockchain security firm Beosin calculated the total loss at $41.35 million, including $15.7 million on Ethereum, $7.8 million on Polygon, and $17.8 million extra dollars on the BNB smart channel.
@Stake experienced several suspicious exits on
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