Digital Assets Worth More Than $40 Million Reportedly Stolen
Did you hear? Stake.com, one of the leading crypto-betting platforms, recently confirmed that unauthorized transactions were made from its ETH and BSC hot wallets. But don’t worry, an investigation is already underway, and the hot wallets will be back up as soon as they’re completely re-secured.
Just a few hours before Stake.com’s confirmation, users on X (formerly Twitter) claimed that the platform had lost digital assets worth millions of dollars. Online sleuth Zachxbt even suggested that the hackers had stolen assets worth close to $16 million initially and then went on to take another batch worth over $25 million.
However, Stake.com, endorsed by Canadian singer Drake, assured its users that their funds are safe. The platform also stated that wallets for BTC, LTC, XRP, EOS, TRX, and all others are still fully operational.
Hot Take: Stay Safe and Stay Informed!
It’s unfortunate to hear about the hacking incident at Stake.com, but it’s crucial to remember that security risks exist in the world of cryptocurrencies. Always be vigilant and take necessary precautions to protect your digital assets. Stay up to date with the latest news and developments to make informed decisions in this ever-evolving landscape.
Benito Cormi, the brilliant crypto analyst who has made waves in the world of cryptocurrency. With his razor-sharp analytical skills and deep understanding of the digital asset landscape, Benito has become a trusted figure in the industry and remains at the forefront, tirelessly researching and analyzing market trends to help individuals and businesses make informed decisions in this dynamic landscape.
