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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....

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