Coinbry

  • Market Cap: $2,489,596,201,849.62
  • 24h Vol: $146,028,070,074.35
  • BTC Dominance: 51.91%
CertiK Reports: Hackers Transfer BNB and MATIC in Latest $41M Stake Heist

CertiK Reports: Hackers Transfer BNB and MATIC in Latest $41M Stake Heist

Hacker Moves $328,000 Million in Stolen Funds to Bitcoin and Avalanche

The hackers responsible for the $41 million hack of cryptocurrency casino Stake have transferred an additional $328,000 million worth of Polygon (MATIC) and BNB (BNB) tokens, according to blockchain security firm CertiK. The funds were moved to the Avalanche blockchain in two separate transactions.

The most recent transfer involved 300 BNB tokens, worth approximately $61,500, which were bridged to the Avalanche blockchain on September 11. Additionally, 520,000 MATIC tokens, valued at over $266,000, were also moved to Avalanche seven hours earlier.

These transfers add to the $4.5 million in stolen funds that were previously bridged to the Bitcoin blockchain on September 7. However, the total amount transferred represents only 1.2% of the total $41 million stolen by the hackers.

The hacker gained access to Stake’s Binance Smart Chain and Ethereum hot wallets on September 4 by obtaining the private key. The United States Federal Bureau of Investigation believes that North Korea’s Lazarus Group was responsible for the exploit.

With the $41 million stolen from Stake, the total amount lost to cryptocurrency hacks and scams in 2023 has now surpassed $1 billion. This figure includes several recent attacks, such as a phishing attack that resulted in a loss of $24 million in staked Ether and a nonfungible token scam that cost victims $691,000.

In summary:

– The hackers behind the Stake hack have moved an additional $328,000 million in stolen funds to Bitcoin and Avalanche.

– The transfers involved 300 BNB tokens and 520,000 MATIC tokens.

– The total amount transferred now stands at $4.8 million, representing 1.2% of the total stolen funds.

– The hacker gained access to Stake’s wallets on September 4, with the FBI attributing the exploit to North Korea’s Lazarus Group.

– The total amount lost to cryptocurrency hacks and scams in 2023 has exceeded $1 billion.

Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.