Cryptocurrency casino Stake appears to have been targeted by a exploit, with on-chain analyst Cyvers reporting that $16 million has been withdrawn on the Ethereum network following a “private key leak.”
Blockchain sleuth ZachXBT backed up Cyvers’ claim, stating that $15.7 million had been drained on Ethereum and another $25.6 million had been lost across Polygon and the Binance Smart Chain.
Last year, more than $3.7 billion worth of crypto was lost to various hacks and exploits, although that figure dropped by 70% in the first quarter of this year.
The stolen funds have been converted to ether (ETH) and transferred to several externally owned wallets, Cyvers said.
