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TryNinja
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September 04, 2023, 02:35:46 PM |
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rohang (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 04, 2023, 02:36:42 PM |
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yes im adding more info as i have them IF it was them they wouldnt disable transactions, plus they wouldnt use suspicious method like this
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PX-Z
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 04, 2023, 02:36:54 PM |
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Are you an insider? There's nothing related news regarding this yet. The outgoing transactions might just be changing of a new address.
If this true, this will be one of the largest heist for a casino.
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Wapfika
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 04, 2023, 02:40:04 PM |
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There’s a chance that Stake might changing the wallet they are using that’s why they move all their coins out from their wallet and temporarily disable withdrawal and deposit method for preparation for new wallet. Exchange is doing this too when they update their wallet.
But Let’s see if this is really robbed since Eddie will surely made an update regarding this.
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TryNinja
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September 04, 2023, 02:40:27 PM |
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IF it was them they wouldnt disable transactions, plus they wouldnt use suspicious method like this
What’s suspicious about it? It’s literally an onchain transaction, the actual way of transferring funds? I guess disabling withdraws + large chunks moving could be seen as suspicious, but that’s also what one would do if they were legitimately moving funds. How do you process deposits and withdrawals after changing wallets? You usually need to change stuff on the background so coins come from (and go to) the new address. But or course I wouldn’t deposit anything until the rumors are denied. No reason to risk your coins.
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rohang (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 04, 2023, 02:45:07 PM |
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Are you an insider? There's nothing related news regarding this yet. The outgoing transactions might just be changing of a new address.
If this true, this will be one of the largest heist for a casino.
No but there is alot of chatter about this on X and many cryto watchdogs/alerts have tweeted about this suspicious activity IF it was them they wouldnt disable transactions, plus they wouldnt use suspicious method like this
What’s suspicious about it? It’s literally an onchain transaction, the actual way of transferring funds? I guess disabling withdraws + large chunks moving could be seen as suspicious, but that’s also what one would do if they were legitimately moving funds. How do you process deposits and withdrawals after changing wallets? You usually need to change stuff on the background so coins come from (and go to) the new address. But or course I wouldn’t deposit anything until the rumors are denied. No reason to risk your coins. This is from their hot wallet which is used for customer withdrawals and refilled by stake, emptying the hot wallet like this means 99% a hack/robbery. IF this was an operation by stake im sure they would inform players in advance that withdraws will be disabled from so and so time
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mk4
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Paldo.io 🤖
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September 04, 2023, 03:19:12 PM |
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Unless this is confirmed to be an actual hacking and NOT just them moving wallets to a different cold wallet, then we shouldn't be quick to jump conclusions. Exchanges have done this in the past.
If it's true though, then goddamn. Money lost is not that big compared to other hacks, but Stake.com is a platform that's not necessarily catering to crypto peeps.
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Curated Crypto Airdrop Database
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Rikafip
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September 04, 2023, 03:19:34 PM |
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Are you an insider? There's nothing related news regarding this yet.
No official news yet from Stake, but there are already few articles out speculating about alleged hack. According to ZachXBT, additional $25.6 million were hacked on BSC and Polygon https://twitter.com/zachxbt/status/1698712407177150729?s=20
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entebah
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 04, 2023, 03:19:52 PM |
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look like the the amount hacked increased by 25m on polygon and bsc
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rohang (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 04, 2023, 03:26:53 PM Last edit: September 07, 2023, 10:52:17 AM by rohang |
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Are you an insider? There's nothing related news regarding this yet.
No official news yet from Stake, but there are already few articles out speculating about alleged hack. According to ZachXBT, additional $25.6 million were hacked on BSC and Polygon https://twitter.com/zachxbt/status/1698712407177150729?s=20I just saw this too, Im highly doubtful that this is not an inside job. Biggest robbery from a crypto casino so far? Im sure everyone knows the hufflepuff/primedice incident which was definitely the biggest coins stolen but in terms of pure usd this value i dont think any casino heist will even come close ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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bitbollo
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Nec Recisa Recedit
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September 04, 2023, 03:30:30 PM |
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Interesting, thanks for share, I have noticed their message on telegram Well personally, I would wait a declaration made by site owners before claiming any assumption on this on-chain movement, or at least if there is any official news/source around that to confirm this was a real hack and not just some coins moved from their wallets... Biggest robbery from a crypto casino so far?
probably yes
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aioc
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 04, 2023, 04:15:33 PM |
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Are you an insider? There's nothing related news regarding this yet.
No official news yet from Stake, but there are already few articles out speculating about alleged hack. According to ZachXBT, additional $25.6 million were hacked on BSC and Polygon https://twitter.com/zachxbt/status/1698712407177150729?s=20I just saw this too, Im highly doubtful that this is not an inside job. Biggest robbery from a crypto casino so far? It is big news in the gambling industry now. https://coinmarketcap.com/community/articles/64f5fb76d9a9381cf98108e0/If they can do this to a big casino they can also do this to small casinos, The hacker is that good he targeted the big fish in the industry, it is time for other casinos to upgrade their security there's the possibility that they will target more casinos, I hope they can trace the movement of the funds like what exchanges has done.
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cryptofrka
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Join the world-leading crypto sportsbook NOW!
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 04, 2023, 04:25:41 PM |
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Damn, looks like a hack. If it was an inside transfer, they'd probably confirm it by now, no?
I don't know how much money they're working with on a daily basis, but 40 mil on hot wallets? Looks like way too much.
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AbuBhakar
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 04, 2023, 04:50:49 PM |
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This is a wake up call to my fellow gamblers to don’t store crypto in the casino wallet since most of the gambler usually leave their bankroll on there account for a long time until they have enough profit.
Stake is one of the popular casino brand. This is the biggest hack so far for a crypto casino. I wonder how will Stake gonna handle this since this is too much.
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TryNinja
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 04, 2023, 05:16:47 PM |
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Confirmed! It was a hack. https://x.com/stake/status/1698746766076588057Three hours ago, unauthorised tx’s were made from Stake’s ETH/BSC hot wallets.
We are investigating and will get the wallets up as soon as they’re completely re-secured.
User funds are safe.
BTC, LTC, XRP, EOS, TRX + all other wallets remain fully operational.
A big amount to lose, indeed… but probably fine for Stake since they have been spending much more with streamers for their platform Kick (i.e supposedly $100m for xqc).
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AmoreJaz
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Leading Crypto Sports Betting & Casino Platform
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 04, 2023, 05:25:34 PM |
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Confirmed! It was a hack. https://x.com/stake/status/1698746766076588057Three hours ago, unauthorised tx’s were made from Stake’s ETH/BSC hot wallets.
We are investigating and will get the wallets up as soon as they’re completely re-secured.
User funds are safe.
BTC, LTC, XRP, EOS, TRX + all other wallets remain fully operational.
A big amount to lose, indeed… but probably fine for Stake since they have been spending much more with streamers for their platform Kick (i.e supposedly $100m for xqc). no wonder their hot wallet is having that amount of money, which is quite huge already for other small time casinos. indeed, they are paying good amount of money to these streamers, so they can easily get back those hacked funds. now, they probably will tighten their secure and large withdrawals will go thru additional checks. as their withdrawals are almost instant, such huge withdrawals may haven't been flagged down by their system. and already too late when they found out.
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LoyceMobile
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 04, 2023, 05:25:54 PM |
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Why would they keep 41 million dollars in a hot wallet? Wouldn't it be much cheaper (considering the risk) to hire someone to monitor hot wallet and top it up when needed? Or does this mean 41 million is like pocket change to them?
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nelson4lov
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 04, 2023, 05:36:27 PM |
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Why would they keep 41 million dollars in a hot wallet? Wouldn't it be much cheaper (considering the risk) to hire someone to monitor hot wallet and top it up when needed? Or does this mean 41 million is like pocket change to them?
If anything, I felt they would use a multi-sig for a hot wallet if they intend to hold such an amount in a hot wallet. Although Stake team confirmed no user funds were lost (i'm sure they would likely reimburse it), but I will be waiting for a post-mortem. Stake is one of the popular casino brand. This is the biggest hack so far for a crypto casino. I wonder how will Stake gonna handle this since this is too much.
They would properly reimburse it even if it leaves in a hole in their accounting.
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LoyceMobile
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 04, 2023, 05:41:44 PM |
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Although Stake team confirmed no user funds were lost (i'm sure they would likely reimburse it) Users don't have a direct claim on wallets, so unless they can't afford to pay everyone, it makes sense that no user funds were lost.
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