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Topic: Stake.com Hot wallet robbed for 40Million + usd (Confirmed by stake) - page 4. (Read 800 times)

full member
Activity: 998
Merit: 157
Are you an insider? There's nothing related news regarding this yet.
No official news yet from Stake, but there are already few articles out speculating about alleged hack.

According to ZachXBT, additional $25.6 million were hacked on BSC and Polygon
https://twitter.com/zachxbt/status/1698712407177150729?s=20

I just saw this too, Im highly doubtful that this is not an inside job.

Biggest robbery from a crypto casino so far?

Im sure everyone knows the hufflepuff/primedice incident which was definitely the biggest coins stolen but in terms of pure usd this value i dont think any casino heist will even come close  Shocked
full member
Activity: 1489
Merit: 150
look like the the amount hacked increased by 25m on polygon and bsc
legendary
Activity: 1722
Merit: 5937
Are you an insider? There's nothing related news regarding this yet.
No official news yet from Stake, but there are already few articles out speculating about alleged hack.

According to ZachXBT, additional $25.6 million were hacked on BSC and Polygon
https://twitter.com/zachxbt/status/1698712407177150729?s=20
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Unless this is confirmed to be an actual hacking and NOT just them moving wallets to a different cold wallet, then we shouldn't be quick to jump conclusions. Exchanges have done this in the past.

If it's true though, then goddamn. Money lost is not that big compared to other hacks, but Stake.com is a platform that's not necessarily catering to crypto peeps.
full member
Activity: 998
Merit: 157
Are you an insider? There's nothing related news regarding this yet.
The outgoing transactions might just be changing of a new address.

If this true, this will be one of the largest heist for a casino.

No but there is alot of chatter about this on X and many cryto watchdogs/alerts have tweeted about this suspicious activity

IF it was them they wouldnt disable transactions, plus they wouldnt use suspicious method like this
What’s suspicious about it? It’s literally an onchain transaction, the actual way of transferring funds?

I guess disabling withdraws + large chunks moving could be seen as suspicious, but that’s also what one would do if they were legitimately moving funds. How do you process deposits and withdrawals after changing wallets? You usually need to change stuff on the background so coins come from (and go to) the new address.

But or course I wouldn’t deposit anything until the rumors are denied. No reason to risk your coins.

This is from their hot wallet which is used for customer withdrawals and refilled by stake, emptying the hot wallet like this means 99% a hack/robbery.
IF this was an operation by stake im sure they would inform players in advance that withdraws will be disabled from so and so time
legendary
Activity: 2758
Merit: 6830
IF it was them they wouldnt disable transactions, plus they wouldnt use suspicious method like this
What’s suspicious about it? It’s literally an onchain transaction, the actual way of transferring funds?

I guess disabling withdraws + large chunks moving could be seen as suspicious, but that’s also what one would do if they were legitimately moving funds. How do you process deposits and withdrawals after changing wallets? You usually need to change stuff on the background so coins come from (and go to) the new address.

But or course I wouldn’t deposit anything until the rumors are denied. No reason to risk your coins.
hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
There’s a chance that Stake might changing the wallet they are using that’s why they move all their coins out from their wallet and temporarily disable withdrawal and deposit method for preparation for new wallet. Exchange is doing this too when they update their wallet.

But Let’s see if this is really robbed since Eddie will surely made an update regarding this.
hero member
Activity: 1554
Merit: 880
pxzone.online
Are you an insider? There's nothing related news regarding this yet.
The outgoing transactions might just be changing of a new address.

If this true, this will be one of the largest heist for a casino.
full member
Activity: 998
Merit: 157
A source would be good…

Found this on twitter/x: https://x.com/peckshield/status/1698697721342042621

https://etherscan.io/address/0x3130662aece32f05753d00a7b95c0444150bcd3c

But who says this isn’t them just moving coins around?

yes im adding more info as i have them

IF it was them they wouldnt disable transactions, plus they wouldnt use suspicious method like this
legendary
Activity: 2758
Merit: 6830
A source would be good…

Found this on twitter/x: https://x.com/peckshield/status/1698697721342042621

https://etherscan.io/address/0x3130662aece32f05753d00a7b95c0444150bcd3c

But who says this isn’t them just moving coins around?
full member
Activity: 998
Merit: 157
In the past half hour Stake.com hot wallet was hit for more then 40million usd / 6000 ETH, $3.9 million USDT, $1.1 million USDC, and 900,000 DAI.

UPDATE: Being reported that total amount has reached over 40 million including polygon chains

UPDATE 2 : confirmed by stake

https://twitter.com/Stake/status/1698746766076588057

Stake has disabled ETH and bs/erc20 network transactions



some tweets from  crypto watchdogs/alerts

https://twitter.com/CyversAlerts/status/1698690342113931422

https://twitter.com/peckshield/status/1698697721342042621

6000 ETH transaction to brand new address

https://etherscan.io/tx/0xf7bde3b54f6d6495cb79a8390fbe3e5c5095b0b06c07153c4c7e9c1ddb43645f

IF this is true would it the biggest hack in recent times? The news is all over twitter right now

coindesk article-

https://www.coindesk.com/business/2023/09/04/crypto-casino-stake-targeted-in-reported-40m-exploit
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