[ad_1]
- Stake tried assuring its users that their funds remained safe but many crypto community members questioned the claim.
- The platform resumed its services a few hours after the attack but didn’t specify the reason behind the exploit.
A $40 million exploit hit the crypto betting platform Stake on 4 September, following a “private key leak.”
The incident was first reported by blockchain analyst Cyvers Alerts, mentioning an exploit of $16 million on [ETH]. The stolen funds have been converted to Ethereum and transferred to several externally owned wallets.
Later, noted blockchain sleuth ZachXBT highlighted that a $15.7 million exploit took place on Ethereum and another $25.6 million exploit took place across Polygon [MATIC] and Binance [BNB] Smart Chain.
Another $25.6M was drained on BSC and Polygon
— ZachXBT (@zachxbt) September 4, 2023
The hacker first moved approximately $3.9 million worth of [USDT] and Ethereum worth $9.8 million. The next token movement included $1 million in [USDC] and $900,000 worth of Dai [DAI].
Stake said that its [BTC], [LTC], [XRP] wallets did not get affected. It also tried assuring its users that their funds remained safe.
https://twitter.com/Stake/status/1698746766076588057?ref_src=twsrc%5Etfw
The Twitter community, however, questioned this claim.
Sorry did you just say “user funds are safe”?
[ad_2]
Source link
