The popular crypto gambling site, Stake has reportedly lost a whopping amount of $41 million in crypto theft. It claims that funds were withdrawn illicitly from the platform’s hot wallets.
The incident was reported by onchain analyst PeckShield. It first described that the crypto betting platform has lost approximately $15 million on Ethereum.
However, in a late post, PeckShieldAlert shared the whole theft with confirming assets outflow from Polygon and BNB Chain as well. It said that the attacker has drained a total of $41 million worth of crypto assets which includes $15.7 million from Ethereum, $7.85 million from Polygon and $17.75 million from BNB Chain.
The transactions show that withdrawn assets include different tokens including 900k DAI, 3.9 million USDT, 1.1 million USDC and 6k ETH on Ethereum while 70k DAI, 4.22 million USDT, 1.78 million USDC and 3.25 million MATIC on Polygon. It also includes BNB, BUSD, USDC, SHIB and other assets totaling $17.75 million from BNB Chain.
The stolen assets were sent to multiple accounts and swapped on DEX with the attacker currently holding all the amount in ETH, BNB and MATIC.
Stake shared a post confirming that it has discovered unauthorized transactions being sent from platform’s hot crypto wallets. “We are investigating and will get the wallets up as soon as they’re completely re-secured,” it said.
Stake later announced that it’s services have resumed with deposits and withdrawals functioning instantly.
Also Read: Gala Games Co-Founders Sue Each Other For $130M Theft