Fun

News Feed - 2023-09-08 04:09:00

Tom Blackstone4 hours agoStake hack of $41M was performed by North Korean group: FBIAfter investigating, the FBI concluded that the hack of crypto gambling site Stake was carried out by North Korean hackers Lazarus Group.859 Total views5 Total sharesListen to article 0:00NewsJoin us on social networksThe $41 million hack of crypto gambling site Stake was carried out by the North Korean Lazarus Group, the Federal Bureau of Investigation (FBI) stated in an announcement on Sept. 7. This group has stolen more than $200 million of crypto in 2023, the announcement stated.[JUST IN] FBI Identifies Lazarus Group Cyber Actors as Responsible for Theft of $41 Million from Stakehttps://t.co/Kq1tpjNuC5— snailnews (@snailnews_) September 7, 2023


Stake is a crypto gambling platform that offers casino games and sports betting. It was the victim of a cyberattack on Sept. 4 that drained over $41 million worth of cryptocurrency from its hot wallets. The Stake team stated that the hacker only obtained a small percentage of funds and that users would not be affected.


According to the FBI statement on Sept. 7, the agency has carried out an investigation and has concluded that the attack was performed by the Lazarus Group, a notorious cybercrime organization believed to be associated with the Democratic People’s Republic of Korea (DPRK). DPRK is also known as “North Korea.”


The FBI listed the addresses where the stolen funds are now held, which exist on the Bitcoin, Ethereum, BNB Smart Chain and Polygon networks. It recommended that all crypto protocols and businesses review the addresses used in the hack and avoid transacting with them, stating:“Private sector entities are encouraged to review the previously released Cyber Security Advisory on TraderTraitor and examine the blockchain data associated with the above-referenced virtual currency addresses and be vigilant in guarding against transactions directly with, or derived from, those addresses.”


Related:FBI flags 6 Bitcoin wallets linked to North Korea, urges vigilance in crypto firms


The agency also blamed Lazarus for the Alphapo, CoinsPaid and Atomic Wallet hacks, stating that losses from all of these hacks add up to over $200 million the group has stolen in 2023. Alphapo is a payment processor that suffered over $65 million in suspicious withdrawals on July 23. CoinsPaid, another payments firm, lost over $37 million through social engineering sometime in late July. And Atomic Wallet users lost a whopping $100 million in June through an unknown exploit.# Bitcoin# Blockchain# Ethereum# Hackers# Cybercrime# Crimes# Hacks# RegulationAdd reactionAdd reactionRead moreHow to send and receive payments on the Lightning NetworkHow to handle crypto trading gains and losses on your balance sheetRon DeSantis’ falling polls: Could crypto lose its candidate?

News Feed

Robert Kiyosaki Warns Of A Bitcoin Crash To $5,000: Here’s Why
Este artículo también está disponible en español. Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” has issued a stark warning about an impending f
Bitcoin To $500,000: Standard Chartered Doubles Down On 2028 Target
Este artículo también está disponible en español. Standard Chartered’s global head of digital assets research, Geoffrey Kendrick, has reaffirmed his standout price fore
Tesla CEO Elon Musk Reveals How He Will Improve Twitter if Bid Succeeds
Tesla CEO Elon Musk Reveals How He Will Improve Twitter if Bid Succeeds Tesla and Spacex CEO Elon Musk has revealed his priorities for improving Twitter if he successfully takes ov
Biggest Movers: SOL Moves Towards $35.00, XMR Extends Recent Gains
Biggest Movers: SOL Moves Towards $35.00, XMR Extends Recent Gains Solana rose for a second straight day on Thursday, as the token moved closer to its long-term resistance point of
AI-powered community engagement rewards: Chappyz joins Cointelegraph Accelerator
Cointelegraph Accelerator10 hours agoAI-powered community engagement rewards: Chappyz joins Cointelegraph AcceleratorChappyz, an AI-powered protocol that aims to increase conversational engagement in social media platfor
Mark Cuban says he wants Gary Gensler’s job as head of the SEC
Tristan Greene5 hours agoMark Cuban says he wants Gary Gensler’s job as head of the SECThe crypto-friendly billionaire appears to be throwing his full support behind US presidential candidate Kamala Harris.1580 Total v
XRP Whales Are Back – 880 Million Tokens Accumulated This Month
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Fairshake PAC and affiliates raise $102M to support crypto candidates
Turner Wright5 hours agoFairshake PAC and affiliates raise $102M to support crypto candidatesThe Super PAC and its two affiliates have backed ads or otherwise supported efforts for crypto-focused candidates from both maj
Bitcoin Nears $76,000 Target Amid Price Correction — But Will This Support Hold?
Este artículo también está disponible en español. Over the past week, Bitcoin has experienced a strong market correction with prices falling as low as $80,000. Based on a
The End of the Blockchain Scalability Problem? ILCoin Achieves 33,000+ Tx/s With 1.5 GB Blocks
TwitterFacebookLinkedInReddit Blockchain technology has the potential to change the world and disrupt numerous indu
Ana Paula Pereira13 hours agoCanada’s court deem emoji valid as a contract agreement: ReportThe case sought to determine whether a Canadian farmer had agreed to sell tons of flax to a grain buyer in 2021 by replying wi
Hong Kong spot Bitcoin ETF approval draws praise and caution from industry players
Zhiyuan Sun8 hours agoHong Kong spot Bitcoin ETF approval draws praise and caution from industry playersNow that the well-anticipated event is over, some industry experts have turned to warning signals for the road ahead