{"id":8094,"date":"2023-09-04T15:44:15","date_gmt":"2023-09-04T15:44:15","guid":{"rendered":"https:\/\/www.bitcoincasinos.com\/?p=8094"},"modified":"2023-09-04T15:56:13","modified_gmt":"2023-09-04T15:56:13","slug":"stake-com-hacked-for-40-million-bucks-in-crypto","status":"publish","type":"post","link":"https:\/\/www.bitcoincasinos.com\/blog\/2023\/09\/04\/stake-com-hacked-for-40-million-bucks-in-crypto\/","title":{"rendered":"Stake.com Hacked for 40 Million Bucks in Crypto"},"content":{"rendered":"<p>Stake.com Hacked for 40 Million Bucks<\/p>\n<p>Stake.com has been hit with a multi-million dollar hack. The online casino has been the victim of a $40 Million crypto hack, according to Cyvers &#8211; a Web3 security firm.<\/p>\n<p>Cyvers AI-powered cybersecurity system detected large transactions taking place in quick succession.<\/p>\n<p>Over $16 million was transferred to the hacker&#8217;s crypto wallet in $USDT, $ETH, $USDC, $USDT, and $DAI.<\/p>\n<p>2 hours later, a further $25 million was transferred to the hacker\u2019s wallet from Stake.<\/p>\n<p>Stake.com has not officially released a statement as of writing, but a leaked internal message from Stake shows they are hoping it&#8217;s an ethical hacker.<\/p>\n<p><a href=\"https:\/\/www.bitcoincasinos.com\/wp-content\/uploads\/2023\/09\/stake.jpg\"><img decoding=\"async\" class=\"aligncenter wp-image-8097 size-full\" title=\"stake hacked crypto\" src=\"https:\/\/www.bitcoincasinos.com\/wp-content\/uploads\/2023\/09\/stake.jpg\" alt=\"stake internal memo hack\" width=\"1834\" height=\"174\" srcset=\"https:\/\/www.bitcoincasinos.com\/wp-content\/uploads\/2023\/09\/stake.jpg 1834w, https:\/\/www.bitcoincasinos.com\/wp-content\/uploads\/2023\/09\/stake-300x28.jpg 300w, https:\/\/www.bitcoincasinos.com\/wp-content\/uploads\/2023\/09\/stake-1024x97.jpg 1024w, https:\/\/www.bitcoincasinos.com\/wp-content\/uploads\/2023\/09\/stake-768x73.jpg 768w, https:\/\/www.bitcoincasinos.com\/wp-content\/uploads\/2023\/09\/stake-1536x146.jpg 1536w\" sizes=\"(max-width: 1834px) 100vw, 1834px\" \/><\/a><\/p>\n<p>Ethical hackers will gain access to companies that highlight flaws in their cybersecurity and receive a reward in return. But, it&#8217;s not yet clear if this is to be the case.<\/p>\n<p><a href=\"https:\/\/www.bitcoincasinos.com\/\">Bitcoincasinos.com<\/a> has learned Cyvers contacted Peckshield, a security and data analytics firm, to investigate the alleged hack.<\/p>\n<p>Stake only had $2 million left in its crypto wallet, according to the CEO of Ethereum L1 Blockchain, Energi.<\/p>\n<p>Stake.com launched in 2016 and has since grown to be a well-known brand. Bettors can bet on sports, casino games, slots, and live dealer games,<\/p>\n<p>How Stake.com can recover from this remains to be seen. Losing such a swathe of cash is likely to be a crippling blow to one of the world\u2019s biggest online betting platforms.<\/p>\n<p>Whether it will have an overall effect on <a href=\"https:\/\/www.bitcoincasinos.com\/bitcoin-gambling-sites\/\">crypto gambling sites<\/a> remains to be seen.<\/p>\n<p>Afraid of getting your money lost? So would we be! 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The online casino has been the victim of a $40 Million crypto hack, according to Cyvers &#8211; a Web3 security firm. Cyvers AI-powered cybersecurity system detected large transactions taking place in quick succession. Over $16 million was transferred to the &hellip; <\/p>\n","protected":false},"author":115,"featured_media":8101,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.9.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stake.com Hacked for 40 Million Bucks in Crypto - Bitcoin Casinos<\/title>\n<meta name=\"description\" content=\"STAKE Has Been Hit With a $40 Million Dollar Crypto Hack. Find Out The Latest Developments Here on Bitcoincasinos.com\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bitcoincasinos.com\/blog\/2023\/09\/04\/stake-com-hacked-for-40-million-bucks-in-crypto\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stake.com Hacked for 40 Million Bucks in Crypto - Bitcoin Casinos\" \/>\n<meta property=\"og:description\" content=\"STAKE Has Been Hit With a $40 Million Dollar Crypto Hack. 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