A $16 million security breach impacts Stake betting service

posted  4 Sept 2023
Photo - A $16 million security breach impacts Stake betting service
Hackers managed to drain 6000 ETH, 3.9 million USDT, 1.1 million USDC, and 900,000 DAI from the company's address.

Tongue-in-cheek, one might say Drake was responsible for the audit (screenshot).

UPD: Hacken has disclosed that an initial cyber theft of $20.69 million was executed on the Ethereum network, which was followed by subsequent heist amounting to $25.6 million across the BSC and Polygon networks.

The project's team has not yet commented on the breach.

The only information available is a Telegram channel update, indicating technical maintenance for the withdrawal of ETH, USDT, and ERC20 tokens.