A security firm, Cyvers Alerts, has flagged suspicious transactions from the cryptocurrency gambling platform Stake, totalling $16 million on September 4. Blockchain evidence suggests that the funds were siphoned off as a result of a stolen private key. The hacker transferred $3.9 million worth of Tether (USDT), 6,001 Ethereum (ETH) worth $9.8 million, $900,000 worth of Dai (DAI), 333 Stake Classic (STAKE) worth $75.48, and about $1 million in USD Coin (USDC). The funds were then split among many accounts.Stake has yet to release a statement about the withdrawals. The incident follows a similar attack on Alphapo, a supplier of payment services to several crypto-gambling sites, which saw $31 million in erroneous withdrawals on July 23.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | negative |
| Relevance Score | 8 |
| People | None |
| Companies | Etherscan, Tether (USDT), Hypedrop, Ethereum (ETH), Cyvers Alerts, USD Coin (USDC), Alphapo, Ignition., Stake.com, Dai (DAI), Stake Classic (STAKE), Bovada |
| Currencies | Tether, Stake DAO, Dai, USD Coin, Ethereum |
| Securities | None |
