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.

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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.

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