{"id":149616,"date":"2023-09-04T22:35:10","date_gmt":"2023-09-04T17:05:10","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=149616"},"modified":"2023-09-04T22:35:10","modified_gmt":"2023-09-04T17:05:10","slug":"crypto-gambling-site-stake-sees-16m-withdrawals-in-possible-hack-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/crypto-gambling-site-stake-sees-16m-withdrawals-in-possible-hack-crypto-news\/","title":{"rendered":"Crypto gambling site Stake sees $16M withdrawals in possible hack &#8211; Crypto News"},"content":{"rendered":"<div data-v-2649fa34=\"\">\n<p>Crypto gambling site Stake has experienced $16 million in withdrawals on Sept. 4 in what security platform Cyvers Alerts is calling \u201csuspicious transactions.\u201d The withdrawing account has been labeled \u201cStake.com Hacker\u201d by Etherscan, implying that the drained funds may be the result of a stolen private key.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">ALERTOur AI-powered system has detected multiple suspicious transactions with <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Stake?ref_src=twsrc%5Etfw\">@Stake<\/a>.<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/0ZoMITOyF5\">https:\/\/t.co\/0ZoMITOyF5<\/a> address received about $16M in <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$USDC<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$USDT<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24DAI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DAI<\/a><\/p>\n<p>All the stable coins are converted to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> and distributed to different EOAs.<\/p>\n<p>FYI: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/tayvano_?ref_src=twsrc%5Etfw\">@tayvano_<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/zachxbt?ref_src=twsrc%5Etfw\">@zachxbt<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/CSGwRHEiVm\">pic.twitter.com\/CSGwRHEiVm<\/a><\/p>\n<p>\u2014  Cyvers Alerts  (@CyversAlerts) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CyversAlerts\/status\/1698690342113931422?ref_src=twsrc%5Etfw\">September 4, 2023<\/a><\/p><\/blockquote>\n<p>Blockchain data shows very large withdrawals from Stake.com contracts into the alleged attacker\u2019s account. The first transaction <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/etherscan.io\/tx\/0x4629b7622c1beba84fdbbac78432fe06707894c8ed40811b1b70815e8a7efe7a\">occurred<\/a> at 12:48 p.m., transferring approximately $3.9 million worth of Tether (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/tether-price-index\">USDT<\/a>) stablecoin from Stake to the attacker\u2019s account. The next two transactions <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/etherscan.io\/tx\/0x98610e0a20b5ebb08c40e78b4d2271ae1fbd4fc3b8783b1bb7a5687918fad54e\">removed<\/a> 6,001 Ether (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/ethereum-price\">ETH<\/a>), worth approximately $9.8 million at the current price. The attacker continued to remove tokens over the next few minutes, including approximately $1 million USD Coin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/usdc-price-index\">USDC<\/a>), $900,000 worth of Dai (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/dai-price-index\">DAI<\/a>) stablecoin, and 333 Stake Classic (STAKE) ($75.48). Cyvers has estimated the total value of crypto drained at $16 million.<\/p>\n<p>After draining the funds, the alleged attacker distributed them to multiple accounts. At the time of publication, Stake has not made an announcement regarding the suspicious withdrawals.<\/p>\n<p><em><strong>Related:\u00a0<\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/crypto-atomic-wallet-faces-class-action-over-100m-crypto-hack-losses\"><strong>Atomic Wallet faces lawsuit over $100M crypto hack losses: Report<\/strong><\/a><\/em><\/p>\n<p>Stake is a crypto gambling protocol that offers dice games, Blackjack, Lingo, and other casino games, as well as sports betting for basketball, tennis, volleyball and others. <\/p>\n<p>This is not the first time in 2023 that crypto gambling sites may have been targeted by hackers. On July 23, payments provider Alphapo <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/alphapo-hot-wallets-hacked-for-over-31-million\">suffered $31 million in suspicious withdrawals<\/a>. Alphapo was a provider for several crypto gambling sites, including Hypedrop, Bovada, and Ignition.<\/p>\n<p class=\"post-content__disclaimer\">This is a developing story, and further information will be added as it becomes available.\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto gambling site Stake has experienced $16 million in withdrawals on Sept. 4 in what security platform Cyvers Alerts is calling \u201csuspicious transactions.\u201d The withdrawing account has been labeled \u201cStake.com Hacker\u201d by Etherscan, implying that the drained funds may be the result of a stolen private key. ALERTOur AI-powered system has detected multiple suspicious transactions [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":149617,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-149616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/149616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=149616"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/149616\/revisions"}],"predecessor-version":[{"id":149619,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/149616\/revisions\/149619"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/149617"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=149616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=149616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=149616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}