Cryptocurrency Online Casino Site Hacked for Over $40 Million
Cryptocurrency-related crimes and scandals have been in the news frequently in recent months, from the FTX sinking to cyberattacks involving North Korea's Lazarus group. An online gambling site that accepts cryptocurrencies suffered its own hack this week, stealing millions of dollars from Playfund. 안전 온라인바카라
Cryptocurrency gambling site Stake.com was hacked earlier this week and appears to have lost $41 million. CoinTelegraph.com reports that three different cryptocurrencies have been removed from the site to previously inactive accounts. 안전온라인카지노
"On the virtual currency gambling site Stake, he had $41 million in withdrawals in September." The website lists a "4" for what blockchain security analysts are calling a "suspicious leak." “EtherScan flagged the withdrawal account as 'Stake.com hacker', suggesting that the withdrawn funds may have been due to private key theft."
Hack Details
Stake is an offshore gambling site that is an online casino. , sports betting and more. The platform also operates free websites in the United States. 아시안커넥트 추천
According to his Beosin Alert, a real-time online security and auditing company, the company accepts various forms of virtual currency, and the virtual currency thefts included withdrawals of the following amounts:
● Ethereum - $15.7 million
● Polygon - $7.8 million
● BSC - $17.8 million
The website confirmed the hack and loss of funds, but assured players that their funds are safe.
“3 hours ago, an unauthorized (transaction) was made using the Stake ETH/BSC hot wallet,” the team noted on Twitter.
Stake CEO Ed Craven said, "We are investigating and will retrieve the wallet once it is fully secured again." It said it keeps a small portion of its currency reserves in "hot wallets." He said that wallets for all affected players will be available soon.
Latest Gaming Site Got Hacked
This isn't the first time an online gaming site has been hacked in some way. In May, DraftKings suffered an attack that compromised the accounts of his 60,000 players. In the same month, Holland Casino Online was completely paralyzed by an attack on its technology provider. The cyberattack reportedly caused similar problems at other online gambling sites around the world.
In April, French online gaming site Houlgate suffered a ransomware attack that left it out of action for several days. Last September, PokerStars experienced a series of DDoS attacks during the annual Online Poker World Championship. The site was ultimately forced to cancel some events and hold them at a later date once the issue was resolved.
According to Security magazine, cyberattacks can be costly, costing operators an average of $4 million each, not to mention recovering lost player funds.
Some experts believe that gaming environments may not necessarily be keeping up with the latest advances in online security.
"A major security challenge for the online gaming industry is the slow pace of regulation in key markets," Security reports. "This has made online gaming a safe option for hackers. In the past year alone, security officials have witnessed a number of high-profile breaches in the industry."
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