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The analyst also noted that it could monitor the hack in real-time using their AI-powered system. Stake said that other crypto wallets like BTC (Bitcoin), LTC, XRP, EOS, TRX + remain fully operational. After draining the funds, the alleged attacker distributed them to multiple accounts. The recent attack on Stake Casino serves as a clear reminder that hackers are working day and night trying to siphon money from unsuspecting crypto holders. While the attacks dropped by 70% in 2022, there is still a lot that needs to be done to lock hackers outside the system. Crypto gaming xxx videos porn sites and other platforms need to put in place robust security measures and proactive incident response mechanisms.
Crypto casino Stake looks to have been the victim of a near-$16 million exploit, according to blockchain security experts. On September 6, the FBI announced that they believed the Lazarus Group was behind the theft. Lazarus is a group of North Korean state-sponsored hackers allegedly responsible for crypto hacks totaling hundreds of millions of dollars. Upon detecting a potential security issue, our immediate response involves isolating the affected areas to prevent further exploitation, notifying the platform operators, and initiating containment and remediation procedures.
Stake confirmed the attack on X (formerly Twitter) but has not released updates. The stablecoins were then converted to ETH and distributed to different EOAs. Furthermore, Cyvers highlighted that all the stolen funds have been converted to Ethereum (ETH) and distributed to multiple externally owned wallets. In addition, the platform also provided guidance to users, warning them against playing high-risk games that could expose them to hacks.
She thoroughly researches every topic and black trans porn - shemale porn videos story she covers to provide readers with comprehensive information and perceptive analysis. Whether she's reporting on crypto, business, technology, or finance, Kent prioritizes accuracy, nuance, and integrity. Her goal with every piece is to inform readers and inspire meaningful conversations and positive change. Kent enjoys traveling, photography, and spending time with her family when she's not tirelessly conducting interviews or poring over data.
Two hours prior to moving $16 million worth of cryptocurrencies to the aforementioned wallet address, Stake also moved an additional $20 million to the same wallet, it said. Online crypto gambling platform, Stake Casino confirmed it was hit by a hack with online sleuths estimating losses at up to $40 million. The incidents have raised concerns among investors and users about the safety of their assets on cryptocurrency platforms. Following soon after major crypto scandals like the FTX collapse, they’re making the calls for greater regulatory oversight and accountability in the industry much louder. HypeDrop also suspended its crypto deposits as a result of the attack, publicizing the move through its social media accounts.
Whether you’re seeking breaking news, xxx videos porn sites expert opinions, educational resources, or market insights, Cryptonews.com is your go-to destination for all things crypto since 2017. At Cryptonews, we aim to provide a comprehensive and objective perspective on the cryptocurrency market, empowering our readers to make informed decisions in this ever-evolving landscape. For instance, online gambling is illegal in many Asian countries, including Thailand, Indonesia, and Malaysia.
To contain the hack, the exploited contract was paused, and Socket asked its users to revoke all approvals to avoid loss of funds. As per the initial analysis, an unauthorized wallet possibly used a private key compromise to mint ~1.83 Billion PLA tokens in the two attacks. Shido has officially acknowledged the hack and has informed the community that it has asked the exploiter to accept a bounty and return the stolen funds. The cause of the exploit is a price manipulation attack.The price calculation in the WooPPV2 contract was flawed. The hacker exploited this flaw by flash-loaning $USDC.e and $Woo to manipulate the price. According to the official statement, the affected users in the breach have been duly compensated, and the hacker has been offered a 20% bounty for returning the stolen assets.