crypto exchangeETH/BSC hot wallet conducted unauthorized transactions, user funds are safe

ETH/BSC hot wallet conducted unauthorized transactions, user funds are safe

Author: Andrew

The encrypted gaming platform stated on the X platform (formerly Twitter) that three hours ago, Stake’s ETH/BSC hot wallet made an unauthorized transaction. We are investigating and will restore the wallet as soon as it is fully secure. User funds are safe.

BTC, LTC, XRP, EOS, TRX and all other wallets are still fully functional.

As previously reported, according to on-chain detective ZachXBT monitoring, $25.6 million was stolen from encrypted gambling platforms on the BSC and Polygon chains, bringing the total stolen to $41.3 million.

Share This Post

Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

Related Posts

OKX Appoints Linda Lacewell as Chief Legal Officer Amid Regulatory Challenges

Cryptocurrency exchange OKX has named Linda Lacewell as its...

Blockchain Association CEO Kristin Smith to Lead New Solana Policy Institute

Kristin Smith, the longtime CEO of the Blockchain Association,...

BlackRock Expands into Europe’s Cryptocurrency ETP Market with Bitcoin Strategy

BlackRock has officially entered Europe's cryptocurrency exchange-traded product (ETP)...

Dogecoin Price Surges Following Launch of Official Dogecoin Reserve

Dogecoin's price surged by more than 5% following the...

BlackRock Launches iShares Bitcoin ETP in Europe with Competitive Fee Structure

BlackRock is set to launch its iShares Bitcoin Exchange-Traded...

FOMC Rate Review Poised to Stir Crypto Market Volatility

The Federal Open Market Committee (FOMC) is set to...
Previous article
Many experts from Jump Crypto left their jobs to form blockchain start-up Douro Labs and cooperate with Pyth
Next article
Bitfinex Holds BTC on Balance Sheet and Reinvests in Bitcoin Technology Long Term

Welcome to [Chaincryptocoins], where the future of finance is at your fingertips. In this dynamic era of digital innovation, we invite you to embark on a journey into the exciting world of cryptocurrencies.

2023 © Copyright chaincryptocoins.com