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Stake.com Impacted by Cyberattack, Loses $41 Million

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Novice
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The iGaming and crypto betting giant, Stake.com, was the latest victim of an attack from hackers that resulted in losses of some $41 million in cryptocurrencies. The crypto betting and online gambling platform confirmed that it has identified unauthorized transactions on Monday via a post on X, formerly Twitter. Stake revealed that unauthorized transactions were made from its ETH/BSC hot wallets.

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Novice
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Scary that these things can happened but I guess they have insurance for these kind of ocassions

Expert
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You can find more info in this news article:

Adin Ross, North Korea, and $41 Million Lost by Stake.com

Novice
Game Enthusiast B&W
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Oh I didnt know there was an article about it @markspence! Thanks for sharing ^_^

Student
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I remember how Adin Ross was going to talk to Kim lol

Novice
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Im sure the two founders who are billionares can afford some peanuts getting lost in hyper space 😀

Novice
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True 😀 its probably not even an issue for them. Still, crazy what hackers can do. I thought that online casinos are more secure than that :O

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You really think an insurance could cover that? What kind of insurance would that be?

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