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Nalezeno "STAKE": 1181

Deciphering the Differences Between Proof-of-Stake and Proof-of-Work


As cryptocurrencies continue to evolve, two key consensus mechanisms have emerged for validating transactions on the blockchain: proof-of-work (PoW) and proof-of-stake (PoS). This explainer will examine how these protocols differ and the unique benefits and drawbacks of each. Consensus Mechanisms...

Lazarus Group Suspected in $54M Coinex Hack Following Recent Stake.com Breach


The North Korean hacking syndicate Lazarus Group was likely behind the recent Coinex hack on Tuesday, according to onchain analyst Zachxbt. He revealed that the hackers inadvertently connected the funds to the recent Stake.com breach. North Korean Hackers Potentially Net $95M in a Week On Tuesday...

Can the New Bitcoin BSC Rise from $1 to $30,000 Like Bitcoin?


The rally that Bitcoin has had in recent years is unprecedented. It's hard to believe that it's only been 12 years since the price of Bitcoin first reached one dollar. Since then, many people have wondered what would have happened if they had invested $100 in Bitcoin and held onto it. When asked...

FBI Traces $41 Million Cryptocurrency Theft From Stake.com to Lazarus Group


The Federal Bureau of Investigation (FBI) says it has confirmed that North Korea’s Lazarus Group was behind the crypto theft of about $41 million from online crypto casino and sports betting platform Stake.com. The FBI has provided a number of Bitcoin, Ethereum, Binance Smart Chain (BSC),...

Stake restarts operations after $41M hot wallet exploit


Stake recently announced resuming its crypto gambling operations. The Australian-Curacaoan platform lost 41 million dollars in an exploit a  month ago. According to Stake, user funds were not affected during the exploit. Any user who lost funds while transacting during the attack will...

Stake experiences a security compromise worth $41 million


Stake has reportedly experienced a major hack for its hot wallets. This has caused the platform a loss of approximately $41 million. The malicious actor is said to have executed multiple transactions, thereby creating suspicion around the outflow of cryptocurrencies. This development was first...

Crypto Casino Stake Opens Withdrawals After Reported $40M Exploit


On September 4th, at 9:28 pm UTC, the crypto betting platform Stake resumed its deposit and withdrawal services only five hours after a reported $40 million exploit. The incident began with multiple unusual transactions on Monday morning Eastern Time, with approximately $16 million in Ethereum...

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