Stake.com - The World's largest Casino - Drake, UFC, Everton, Stake F1 Team

[Saint-loup]

Very well articulated and insightful comment indeed, but honestly, I have never heard of this so called Lazarus group before, and even though there is no mention or pointer to why the FBI has attributed the hack to this group, but I am personally assuming the group has a particular way they conduct and carry out their operations which the FBI is already familiar with ..

But then again , the fact that you categorically made it clear that there is no way stake is getting back the money even when a group behind the hack is already identified, leaves me with more pressing questions like ..

Why and what do we have special security agents for ?  
The country in question, don't they have security agents? Are there any efforts being made to uncover and catch all those who are members of this group? Because I personally believe they are not spirits, they are humans like every one of us living in the same world we all live in, have the same blood and water flowing through their vain, why are they so untouchable?

Is this one of the proves that security agents are only meant to go after and catch only the common criminals out there, and not the high and mighty ones ?

The Lazarus group is certainly the most powerful and the most feared hacking group of the world currently, you must have heard of them before but you should not remember. People avoid to talk about them on internet in addition. It's not a very good news for Stake, if they are targeting by them to be honest. I think FBI is replying to some of your questions in their press release.

The FBI will continue to expose and combat the DPRK’s use of illicit activities to generate revenue for the regime, including cybercrime and virtual currency theft.

 

[piebeyb]

-snip-

People still can fall to the scam.

Why ? because the scammer bought a gold verified for (company) for 1000$/month. I believe people still falling to these trap, since the scammer is put some effort to buy the badge business company.

If they not bought these, I don't think people can falling to these trap.

It seems like they managed to deceive several people and get money from their stolen profits from spreading the phishing link, because it is impossible for this kind of fraudster to roam around with different accounts every day and sometimes appear in the comments of official tweets, this is strange but they have the money to pay for the gold ticks maybe it's not free, which is why things like this are misused by fraudsters.

I also never thought about why the idea was held that blue ticks and gold ticks could be bought on social media, even now Facebook and Instagram are doing that, this might make it easier for influencers who have difficulty getting blue ticks to buy them easily, but on the negative side it can abused by such scammers.

[Agbe]

The latest news or rather an update I just saw in one of the news channel I am following on telegram said that the FBI says North Korean hackers 'Lazarus Group' are behind Stake․com's $41 million crypto theft.

I don't know how true this is since there is no reference link or site attached to the news yet ..

But my question now is, if this supposedly turns out to be true, is there any chance of stake getting that money back?, Since the group behind the hack has been uncovered or discovered ?

Yes the news was legit and they have seen how the $41 Millions Was moved from one wallet to another and 33 addresses were found which was used for the transaction of the funds from the casino. And the following currencies addresses were used for the transaction. Ethereum , Binance Smart Chain (BSC), Polygon and bitcoin networks: Electrum addresses were 4, Binance (BSC) was 5, Polygon was 2 and bitcoin which is the king of all the cryptocurrencies was 22 addresses.

https://www.cryptotimes.io/fbi-reveals-lazarus-group-behind-41-million-stake-com-hack/

The hackers used this multiple addresses to confuse the investigation but FBI still figure them out. Well known the group is good but knowing the individual to be arrested and pay back the money is the major thing.

[vv181]

and even though there is no mention or pointer to why the FBI has attributed the hack to this group, but I am personally assuming the group has a particular way they conduct and carry out their operations which the FBI is already familiar with ..

That is what I said, specifically, I think it reasonable to compare how they conduct the post-hack attempts. I also based my assumption on analysis from a blockchain analytics company, they do attribute the past hack to Lazarus by some factor like how they launder the hacked funds, and which service they utilise.

Given that, I believe Stake is already in contact with officials, and certainly, they know more information than we do, which concludes they allege Lazarus Group.

The country in question, don't they have security agents? Are there any efforts being made to uncover and catch all those who are members of this group?

Well, what do you expect from North Korea?

The Lazarus group is certainly the most powerful and the most feared hacking group of the world currently, you must have heard of them before but you should not remember. People avoid to talk about them on internet in addition.   

That's an exaggeration. There is no widespread and solid proof they are the most powerful and feared. Also, people did not avoid talking about them in any way.

[o48o]

The Lazarus group is certainly the most powerful and the most feared hacking group of the world currently, you must have heard of them before but you should not remember. People avoid to talk about them on internet in addition. It's not a very good news for Stake, if they are targeting by them to be honest. I think FBI is replying to some of your questions in their press release.

The FBI will continue to expose and combat the DPRK’s use of illicit activities to generate revenue for the regime, including cybercrime and virtual currency theft.

 

True, which is weird when you think about it. Country where citizens doesn't have an internet access or real computer education manages to pull off somehing like this is mind boggling. I am assuming that most loyal people will get some sort of access to education about cyber security / hacking. But it's still weird compared to western system. How do they even know who could be talented hacker or are they hiring members from other countries?

[Saint-loup]

That's an exaggeration. There is no widespread and solid proof they are the most powerful and feared. Also, people did not avoid talking about them in any way.

Really? If it's not them, which other group is it? Could you name it here? Do you often see the FBI doing this kind of press release for a hack that did not even happen in their jurisdiction by the way? I hope for you they are not reading the thread, I wouldn't make fun with that, it's not a joke to do with this kind of people. In the press release, the FBI accuses them of being the culprits of the $100million hack of Atomic wallet in June.

[LEVSKI7]

The Lazarus group is certainly the most powerful and the most feared hacking group of the world currently, you must have heard of them before but you should not remember. People avoid to talk about them on internet in addition. It's not a very good news for Stake, if they are targeting by them to be honest. I think FBI is replying to some of your questions in their press release.

The FBI will continue to expose and combat the DPRK’s use of illicit activities to generate revenue for the regime, including cybercrime and virtual currency theft.

 

True, which is weird when you think about it. Country where citizens doesn't have an internet access or real computer education manages to pull off somehing like this is mind boggling. I am assuming that most loyal people will get some sort of access to education about cyber security / hacking. But it's still weird compared to western system. How do they even know who could be talented hacker or are they hiring members from other countries?

Who told you that people there are not computer literate. In general they are much more intelligent and knowledgeable than the drug addicts in the USA

[Hispo]

The Lazarus group is certainly the most powerful and the most feared hacking group of the world currently, you must have heard of them before but you should not remember. People avoid to talk about them on internet in addition. It's not a very good news for Stake, if they are targeting by them to be honest. I think FBI is replying to some of your questions in their press release.

The FBI will continue to expose and combat the DPRK’s use of illicit activities to generate revenue for the regime, including cybercrime and virtual currency theft.

 

True, which is weird when you think about it. Country where citizens doesn't have an internet access or real computer education manages to pull off somehing like this is mind boggling. I am assuming that most loyal people will get some sort of access to education about cyber security / hacking. But it's still weird compared to western system. How do they even know who could be talented hacker or are they hiring members from other countries?

It is well documented that autocratic countries send their most loyal students abroad to the best universities they can pay, so they can return back and offer their services to the regime. It is something which have been well documented, how China pays for students to go to Harvard.

So it is easy to picture a country where internet is forbidden for the normal and common people but it is widely available for the North Korean elite and their hacker groups who get money for them, literal fortunes without having to be afraid of prosecution for years (if ever).
Hopefully after this unfortunate attack, casinos will get some extra security measures to make those criminals to put infinitely more effort to even have a chance to succeed again.

[Symphonized]

"This main event will be fun to watch but is a mismatch in our opinion as Israel is the far superior fighter here" 👊



#UFC293 Preview: https://stake.com/blog/ufc-293-tips-and-predictions

[o48o]

Who told you that people there are not computer literate. In general they are much more intelligent and knowledgeable than the drug addicts in the USA

You shouldn't need to find comparison from drug users to lift up citizens. Obviously people from NK are as intelligent as people in anywhere else. They are just not tech-savvy because government prevents of them having access to global internet. Even people who are studying in their universities have an access to intranet, not internet.

And labeling US citizens as low iq junkies is just weak. It's almost like you don't know, that there are studies that high iq and potential drug use are correlating in opposite way you are suggesting.

I don't know why would you get worked up about something that's public knowledge even though it's hard to get real information from NK without spies.

-cut-
Internet access is not generally available in North Korea. Only some high-level officials are allowed to access the global internet. In most universities, a small number of strictly monitored computers are provided
-cut-

It is well documented that autocratic countries send their most loyal students abroad to the best universities they can pay, so they can return back and offer their services to the regime. It is something which have been well documented, how China pays for students to go to Harvard.

So it is easy to picture a country where internet is forbidden for the normal and common people but it is widely available for the North Korean elite and their hacker groups who get money for them, literal fortunes without having to be afraid of prosecution for years (if ever).
Hopefully after this unfortunate attack, casinos will get some extra security measures to make those criminals to put infinitely more effort to even have a chance to succeed again.

Sure, but that opportunity still reserved for the most privileged. Which makes me wonder where they are finding talented hackers. Forcing some priviledged people to learn how to hack doesn't bring in most talented people for it. Most talented might never get even an change to learn. And managing to hack something like stake requires a high level of talent ans skills. Which i am wondering how they harvest that from their citizens.

In free countries, hacking is a hobby that might bring you a job in cyber security if you are talented enough. People learn to think like a coder on their own free time, practising. And not in classes. That's why there are so many talented coders in free countries. People who are interested have opportunities to pursue their hobby.

[Fivestar4everMVP]

The Lazarus group is certainly the most powerful and the most feared hacking group of the world currently, you must have heard of them before but you should not remember. People avoid to talk about them on internet in addition. It's not a very good news for Stake, if they are targeting by them to be honest. I think FBI is replying to some of your questions in their press release.

The FBI will continue to expose and combat the DPRK’s use of illicit activities to generate revenue for the regime, including cybercrime and virtual currency theft.

 

True, which is weird when you think about it. Country where citizens doesn't have an internet access or real computer education manages to pull off somehing like this is mind boggling. I am assuming that most loyal people will get some sort of access to education about cyber security / hacking. But it's still weird compared to western system. How do they even know who could be talented hacker or are they hiring members from other countries?

Well, I definitely will not want to completely agree that north Korean citizens consist of uneducated people as you assumed, like i stated in my previous comment that if the FBI is right with their claim that this group of persons are the ones responsible for the money stolen from stake, then it simply means there are indeed a very high level of well educated personels in the country, because hacking, you would have to agree with me is not something for the uneducated..

And for the record, aside the western part of the world that already have developed even to the villages, I would say that there is no country in the world that do not have uneducated people, that also do not have areas that is completely cut out from accessing the internet due to very poor coverage, I am not ashamed to say that I have visited such place on several occasions here in Nigeria .

[AHOYBRAUSE]

Feels like the amount stolen now gets stolen back from the players.
Is it just me or has the weekly been cut again?

It feels awfully low this weekend, much less than I expected it to be.

Maybe they take it right back, Eddie for sure would do something like that. 

Still waiting to get to platinum 5 , get the bonus payday and finally leave this terrible site. It's about time. 2% to go still, which is not much actually.

[BitcoinHunt3r]

Feels like the amount stolen now gets stolen back from the players.
Is it just me or has the weekly been cut again?

It feels awfully low this weekend, much less than I expected it to be.

Maybe they take it right back, Eddie for sure would do something like that. 

Still waiting to get to platinum 5 , get the bonus payday and finally leave this terrible site. It's about time. 2% to go still, which is not much actually.

My bonus was still the same as last week and I only collected one ticket nothing has changed at all, it seems like your account always gets a low bonus. I'm afraid they flagged your account for unproven accusations, just kidding 
We know that in 4 week period they distributed bonuses of around 20-30 Million to players not include monthly bonus and they get the same amount or more through the house edge so I assume in 2-3 months they will get it back, for this reason I don't think they do it as you say.

[AHOYBRAUSE]

Feels like the amount stolen now gets stolen back from the players.
Is it just me or has the weekly been cut again?

It feels awfully low this weekend, much less than I expected it to be.

Maybe they take it right back, Eddie for sure would do something like that. 

Still waiting to get to platinum 5 , get the bonus payday and finally leave this terrible site. It's about time. 2% to go still, which is not much actually.

My bonus was still the same as last week and I only collected one ticket nothing has changed at all, it seems like your account always gets a low bonus. I'm afraid they flagged your account for unproven accusations, just kidding 
We know that in 4 week period they distributed bonuses of around 20-30 Million to players not include monthly bonus and they get the same amount or more through the house edge so I assume in 2-3 months they will get it back, for this reason I don't think they do it as you say.

First of all I am not flagged for anything. I get "normal Bonuses", not 0.08$ ones. When you only wager 1k, you shouldn't even get the base amount since 1k is not enough anymore. You are the the one that should be in the 0.08$ zone.
Let's say it like this, I had 10k wager, platinum 4 account, no profit and some loss because chasing platinum 5. And I got 30$ weekly. You think that's a "good amount"?

Also, your calculation couldn't be more wrong. Let's say the week had 2 million tickets (actually it's 2.1 million) . that's a total wager of 2 billion $ ( 2 million x 1000$ ) . It's fair to say that at least 75% come from the casino, most likely much more.
So that's 1,5 billion $ in total casino wager.

Now let's take ONLY 3% house edge on average and you get 45 million $ profit.
And that's a very friendly calculation. I think Casino revenue is much more than 75% of gross revenue and the house edge on average is also higher.

2-3 months LOL. 1 week and the hack is gone.

[panjul07]

Still waiting to get to platinum 5 , get the bonus payday and finally leave this terrible site. It's about time. 2% to go still, which is not much actually.

2% left means 50k more to wager, if I'm in this position I'll force myself to deposit and wager with the in house games such as dice and limbo  
But I think you have your own plan, I remember that you have said sometime ago that you will try to reach Plat 5 with all the available bonus such as weekly, post/pre, monthly and other bonus.
I'm currently 10+% to go to Platinum 5, so I still need to wager more than 250k.

Feels like the amount stolen now gets stolen back from the players.
Is it just me or has the weekly been cut again?

To be frank, my last 2 weekly bonuses has no significant difference, around $30 in the last 2 weekly bonus.
My wagered statistic in the last 2 weeks is also similar, around 17$k so I do not feel that they reduce the bonus again.

[BitcoinHunt3r]

First of all I am not flagged for anything. I get "normal Bonuses", not 0.08$ ones. When you only wager 1k, you shouldn't even get the base amount since 1k is not enough anymore. You are the the one that should be in the 0.08$ zone.
Let's say it like this, I had 10k wager, platinum 4 account, no profit and some loss because chasing platinum 5. And I got 30$ weekly. You think that's a "good amount"?

Also, your calculation couldn't be more wrong. Let's say the week had 2 million tickets (actually it's 2.1 million) . that's a total wager of 2 billion $ ( 2 million x 1000$ ) . It's fair to say that at least 75% come from the casino, most likely much more.
So that's 1,5 billion $ in total casino wager.

Now let's take ONLY 3% house edge on average and you get 45 million $ profit.
And that's a very friendly calculation. I think Casino revenue is much more than 75% of gross revenue and the house edge on average is also higher.

2-3 months LOL. 1 week and the hack is gone.

Haha I didn't really calculate it, just a few seconds to get a sample of the weekly bonus for 4 weeks and that is enough to illustrate their total profit
And now we have the calculations, so do you still believe in your initial opinion? regarding reduced weekly bonuses.

My account is Gold I don't know the base bonus maybe $5 like I got in these 2 weeks and here is my ticket
If you noticed on August 19th I only collected 6 tickets and my weekly bonus $31 for Gold level and your account as Platinum 4 claimed $30
This means that high levels do not always get higher bonuses, especially if they only play in-house games that low contribute to the house edge.

[Bitinity]

My account is Gold I don't know the base bonus maybe $5 like I got in these 2 weeks and here is my ticket
If you noticed on August 19th I only collected 6 tickets and my weekly bonus $31 for Gold level and your account as Platinum 4 claimed $30
This means that high levels do not always get higher bonuses, especially if they only play in-house games that low contribute to the house edge.

I did not make any deposit in the previous 2 weeks and wagered like few hundred dollar only in the last 2 weeks. My weekly bonus was $4.5 in the last 2 weeks which is less than what you got as Gold account while I'm Platinum 2. Talking about base bonus amount, it can be still exist but there must be also specific requirement to keep the base bonus such as minimum wager per week. 

[Hispo]

-.

Sure, but that opportunity still reserved for the most privileged. Which makes me wonder where they are finding talented hackers. Forcing some priviledged people to learn how to hack doesn't bring in most talented people for it. Most talented might never get even an change to learn. And managing to hack something like stake requires a high level of talent ans skills. Which i am wondering how they harvest that from their citizens.

In free countries, hacking is a hobby that might bring you a job in cyber security if you are talented enough. People learn to think like a coder on their own free time, practising. And not in classes. That's why there are so many talented coders in free countries. People who are interested have opportunities to pursue their hobby.

You got a point there, someone living in North Korea and not being part of the elite would certainly have no chance to even realize they are good at hacking and computer science. My best guess is that those who are children of the elite and since their youth had showed interest in computer science and study that career are later recruited by the government to steal money around the world, to help sustain the economy of north Korea and also to expdnd the size of the pockets of the family of the dictator.

My other guess would be that people from China which has an undeniable talent to hack and provide security are hired by the North Korean government and lured though offers of high salaries and better conditions of life than they could possibly find in China, as security providers for some company.

[Mahdirakib]

This means that high levels do not always get higher bonuses, especially if they only play in-house games that low contribute to the house edge.

Inactive higher level account will receive less bonus amount than an active lower rank VIP user (Something like this was mentioned in an article at Stake, but I can't find it now). The active and inactive accounts are determined through deposits and gameplay activity. You have received a higher amount than a platinum rank user as you are active more than him in the recent weeks. My rank is Platinum III, and I haven't received more than $20 from the last 5-6 weekly bonus. Even my last weekly bonus was only $7.

Stake team doesn't tell us the exact formula of the weekly and monthly bonus calculation. Here is some basic information about the weekly bonus calculation system: Everything you need to know about our Weekly bonus

[Blitzboy]

-.

Sure, but that opportunity still reserved for the most privileged. Which makes me wonder where they are finding talented hackers. Forcing some priviledged people to learn how to hack doesn't bring in most talented people for it. Most talented might never get even an change to learn. And managing to hack something like stake requires a high level of talent ans skills. Which i am wondering how they harvest that from their citizens.

In free countries, hacking is a hobby that might bring you a job in cyber security if you are talented enough. People learn to think like a coder on their own free time, practising. And not in classes. That's why there are so many talented coders in free countries. People who are interested have opportunities to pursue their hobby.

You got a point there, someone living in North Korea and not being part of the elite would certainly have no chance to even realize they are good at hacking and computer science. My best guess is that those who are children of the elite and since their youth had showed interest in computer science and study that career are later recruited by the government to steal money around the world, to help sustain the economy of north Korea and also to expdnd the size of the pockets of the family of the dictator.

My other guess would be that people from China which has an undeniable talent to hack and provide security are hired by the North Korean government and lured though offers of high salaries and better conditions of life than they could possibly find in China, as security providers for some company.

Given North Korea's hacking, teen may study computer science and work for the government. Remember that each country has its unique strengths and skills. Some gambling services are good at new technologies, while others are good at customer service. Your second statement regarding North Korea attracting China's greatest talent is funny. Cybersecurity may attract workers like casinos do with better salary and benefits. It's speculation based on little public information.