Hackers Shift $328,000 Million in Stolen Cryptocurrencies After $41 Million Stake Heist

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Hackers responsible for the $41 million cryptocurrency hack on Stake Casino have moved an additional $328,000 million worth of Polygon (MATIC) and Binance Coin (BNB) tokens, according to CertiK, a blockchain security firm. The recent transfer involved 300 BNB tokens worth approximately $61,500, which were bridged to the Avalanche blockchain. Additionally, 520,000 MATIC tokens worth over $266,000 were moved to Avalanche. These moves follow the exploit on September 4th, which saw a total of $4.5 million in stolen funds being transferred to the Bitcoin blockchain. However, this represents just 1.2% of the total stolen funds.

The hack on Stake Casino involved the hacker gaining access to the private key of Stake’s Binance Smart Chain and Ethereum hot wallets. The United States Federal Bureau of Investigation (FBI) suspects that North Korea’s Lazarus Group was behind the exploit.

This incident contributes to the growing toll of cryptocurrency hacks and scams in 2023, which has now surpassed $1 billion. CertiK had previously reported the figure to be $997 million at the end of August. Recent incidents include a $24 million loss in a phishing attack, Vitalik Buterin’s compromised Twitter account leading to a $691,000 scam, and other exploits like Pepe coin’s withdrawal incident ($13.2 million), Exactly Protocol’s exploit ($7.3 million), and a security vulnerability on Balancer ($2.1 million in damage).

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