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Nalezeno "stake": 1367

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...

Robinhood to Buy Back SBF’s Stake for Over $605 Million


Online broker Robinhood is going to buy back the stake purchased by a company of crypto exchange FTX founder Sam Bankman-Fried (SBF). The fintech intends to pay $605.7 million for the shares that were transferred to the custody of the U.S. government after the bankruptcy of SBF’s businesses....

Coinbase Acquires Equity Stake in Circle; Companies Reshape USDC’s Future


In a joint statement, Jeremy Allaire, CEO of Circle, and Brian Armstrong, CEO of Coinbase, announced the dissolution of the Centre Consortium. Consequently, Circle will take exclusive charge of the issuance and governance of USDC. Additionally, Coinbase has acquired an equity stake in Circle while...

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