Stake.com co-founder: This vulnerability was not caused by hackers controlling the private keys, and the website has returned to normal

2023-09-05 22:45:33

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ChainCatcher news, according to DL News, co-founder of the crypto betting platform Stake.com, Edward Craven, stated that they indeed suffered a hacker attack, but the vulnerability was not due to the hacker controlling the private keys. The attacker was able to make several unauthorized transactions from their hot wallet. Craven mentioned that the attack targeted the services the company uses to authorize transactions on Ethereum, Polygon, and BNB Chain. Craven stated that Stake has "returned to normal and is operating as it was before the attack."

Previously reported by ChainCatcher, on-chain analyst ZachXBT tweeted that the hacker of Stake.com initially stole assets worth nearly $16 million on Ethereum, and then stole assets worth over $25 million on the BSC and Polygon networks, totaling losses exceeding $41 million.

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Stake.com attack incident

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