$40M Siphoned from Stake.com's ETH/BSC Hot Wallets

[Anonymous No.56034226]

The platform reassured users that their funds are safe, except for the affected wallets (ETH/BSC). Other wallets holding BTC, LTC, XRP, EOS, and TRX are fully operational. This marks one of the biggest crypto heists of 2023, a reminder that vigilance is crucial. Why do hacks continue to occur?

[Anonymous No.56034244]

>>56034226
>be dev, need money
>OH JEEZE, WE GOT HACKED
>profit

[Anonymous No.56034280]

>no regulation
>take the money and don't even bother running
based. hope all gamblers lose it all.

[Anonymous No.56034307]

>>56034226
>hack
Heh, sure.

[Anonymous No.56034428]

>>56034226
Inside job

[Anonymous No.56034463]

>>56034226
Something is not right

[Anonymous No.56034492]

>>56034226
It's a bear market so dev needs juicy money

[Anonymous No.56034817]

>>56034226
>oh hack, nice

[Anonymous No.56034841]

>>56034226
Gamblers should learn their lesson

[Anonymous No.56034850]

>>56034226
Drake did it.

[Anonymous No.56034874]

>>56034226
I never do casino lol. Stop this shit

[Anonymous No.56034887]

>>56034226
>CRYPTO IS THE FUTURE
>ITS SO SAFE AND SECURE
>THE GOVERNMENT/HACKERS CANT POSSIBLY STEAL IT
if you can't hold it, you don't own it

[Anonymous No.56034909]

>>56034226
Lmao

[Anonymous No.56034920]

>>56034226
BASED! FUCK JEETS

[Anonymous No.56034942]

>>56034226
This is not surprising anymore

[Anonymous No.56034943]

>>56034226
I don't sports bet but I assume even if you win a bet they make it extremely difficult/impossible to cash out. Stake.com is just skipping the extra steps and making you lose money at this point. Kinda based.

[Anonymous No.56034949]

>>56034943

dude variance

[Anonymous No.56034971]

>>56034226
Hackers will always hack and find ways now gamblers are suffering

[Anonymous No.56035000]

>>56034971
>now gamblers are suffering
>now

[Anonymous No.56035008]

>>56034226
>$40m? Not big

[Anonymous No.56035028]

>>56034226
Weak security

[Anonymous No.56035243]

>>56034226
Can we even make big cash out on stake?

[Anonymous No.56035276]

>>56034226
Based

[Anonymous No.56035307]

>>56034226
Invest in legit coins like axs , eth, matic and hbar then hold in hardware wallets. Jerk will always be a jerk. Be cautious

[Anonymous No.56035344]

>>56034226
>hahaha gamblers deserve it

[Anonymous No.56035603]

>>56034226
There's nothing to hack. Better stop this and work 8-5 job

[Anonymous No.56035608]

>>56034226
no one cares. see?

[Anonymous No.56035624]

>>56034226
I don't understand why folks are gambling? Is this an addiction?

[Anonymous No.56035686]

>>56034226
>hack , NO WAYYYYY

[Anonymous No.56035718]

>>56034226
Old casino getting hacked? I know devs are hungry.

[Anonymous No.56035729]

>>56034226
That's why I'm only using Sora Wallet, investing on XOR and holding some compatible coins there, most wallets are pretty fucked nowadays

[Anonymous No.56035732]

>>56034226
?????????????????????

[Anonymous No.56035748]

>>56034226
Sounds like a plan

[Anonymous No.56036068]

>>56034244
Why do you think of that?

[Anonymous No.56036449]

>>56034280
Gamblers will be gamblers pleb

[Anonymous No.56036767]

>>56035729
Polkadot wallet?

[Anonymous No.56036930]

>>56035307
I don't mind using secure and safe software wallets. There is also the Account Abstraction protocol gaining attention, which enhances wallet security and user experience moron.

[Anonymous No.56036949]

>>56036930
It just gaining attention because Vitalik shilled it. Nothing so impressive on that

[Anonymous No.56036975]

>>56035729
Shilling SOR kys

[Anonymous No.56037009]

>>56036949
I bet you're not thoroughly reading the purpose of AA because I sense an ignorant and nonsensical response. If there's nothing impressive about it, then why are developers taking it seriously? Google is available to everyone, and reading an article about it for at least 1 hour will change your perspective anon.

[Anonymous No.56037025]

>>56037009
New narratives will come in and the hype will fade. This is not crypto that I imagine

[Anonymous No.56037063]

>>56035718
Is this just a drama?

[Anonymous No.56037155]

>>56037025
I can imagine that, as there are new concepts being implemented, this Account Abstraction won't fade away. Crypto wallets are in high demand, along with the users, because people now prefer decentralization. Innovative solutions are what we can rely on.

[Anonymous No.56037170]

>>56037155
Although account abstraction is created to improve user security, there are some risks, especially in the early phases of adoption.

[Anonymous No.56037180]

>>56036930
>Account Abstraction


When I see this, it's hard not to burst into laughter. Many fail to grasp that this defies the true essence and narrative of DeFi. Some are reliant on centralized hierarchies that can be subject to censorship

[Anonymous No.56037186]

>>56037170
It's risky

[Anonymous No.56037216]

>>56037170
There's always a vulnerability associated with new tech, which is common. I believe that with the introduction of an additional layer of security, as proposed by some, it can mitigate such effects. A good example is the use of DID. My emphasis lies with the use of social logins on some.

[Anonymous No.56037235]

>>56037216
Still centralized shit

[Anonymous No.56037301]

>>56037170
There is no perfect system. What's important is that there is ongoing innovation moving forward.
>>56037180
>>56037216
If the recovery method for crypto wallet uses an SSI approach, it implies a more decentralized and user-controlled approach compared to traditional centralized recovery methods. It aligns with principles of user empowerment and decentralization.

[Anonymous No.56037328]

>>56037301
Decentralization is hard to achieve, give up

[Anonymous No.56037360]

>>56035624
Addiction and pathetic loser

[Anonymous No.56037402]

>>56034226
>40m shit

[Anonymous No.56037442]

>>56037328
Yup, decentralization faces challenges like scalability and technical complexity. Despite these obstacles, the pursuit of decentralization continues due to the potential benefits, including increased security, transparency, and user control.

[Anonymous No.56037444]

>>56037301
No perfect system yes but the fact that users can access Web3 without necessarily using your seed phrase or private key will make it perfect in future

[Anonymous No.56037468]

>>56037186
Adoption will make it thrive
>>56037216
Sometimes, these solutions can introduce new complexities and potential points of failure. Social logins, on the other hand, have their own set of privacy and security concerns. Is better to strike a balance between convenience and security

[Anonymous No.56037562]

>>56037444
It may not be a perfect solution, but having access to your crypto wallets without a seed phrase can be your go-to option if you don't have trouble keeping your keys safe. However, you still need to ensure its security to prevent unauthorized access. It's your responsibility to do so. Other features like spending limits and instant connect would be beneficial. I'm not sure about all the details, but I do know that Brillion, Send, and Ambire are embracing AA.

[Anonymous No.56037711]

>>56037562
Many other projects are embracing this concept. They're pioneering simple applications that grant users quick access to the full spectrum of Web3 services within mere seconds

[Anonymous No.56037719]

>>56037711
Expect vaporware

[Anonymous No.56037731]

>>56034226
absolute trash

[Anonymous No.56037828]

>>56035729
Count me out if it's not a smart wallet with SSI support, Anon.

[Anonymous No.56037829]

>>56037468
You forgot about the compliance solution. If privacy, security, and compliance are all addressed, then you won't face issues. NexeraID and Polygon ID make it possible.

[Anonymous No.56037860]

>>56036930
AA empowers Pajeet to effortlessly harness blockchain apps, eliminating the need for wallet setup and the complexities of managing private keys.

[Anonymous No.56037897]

>>56037009
This whole idea is still cooking, oldfag. Word on the street is, plenty of companies are looking to throw it into their slick apps.

[Anonymous No.56037941]

>>56037829
NexeraID is used to develop a smart wallet and ID solution due to its compliance solution. Tell me something I don't know.

[Anonymous No.56037948]

>>56037897
Are you indian? Jeet

[Anonymous No.56037957]

>>56037719
Base anon, managing crypto assets across with a single and universal account is deal.

[Anonymous No.56037971]

>>56034226
While you're busy arguing on the biz, I stay cool and practice DCA on DUA and NXRA.

[Anonymous No.56037976]

>>56036449
more like: gamblers will be plebs, jeet
i don't know a single white person who used stake. in fact i didn't know about stake before this hack

[Anonymous No.56038000]

>>56037941
No matter how good the product, without users, it's nothing. The size of the community relies on the product's success. I think people should begin learning more about this approach.

[Anonymous No.56038001]

>>56037829
It's reassuring to see solutions like this and yes, a well-rounded approach is key.

[Anonymous No.56038008]

>>56037957
Anons can slide into verification mode using their socials, no private key juggling required.

[Anonymous No.56038057]

>>56038000
Are you retarded fag? the badass will allow Jeets to securely link their bank accounts, and earn DUA from daily activities

[Anonymous No.56038068]

>>56037971
if those are utility, remember you've got two kidney. All you have to do is sell one and invest in them.

[Anonymous No.56038080]

>>56037235
It is to an extent, but they still maintain privacy and allow users to exercise complete control over their identity and data.

[Anonymous No.56038103]

>>56037711
AA is a game-changing innovation, Anon, providing a refreshing alternative to the conventional user account model.

[Anonymous No.56038116]

>>56037301

>If the recovery method for crypto wallet uses an SSI approach, it implies a more decentralized and user-controlled approach compared to traditional centralized recovery methods
We ain't talking about the alignment here. There is no doubt about the slew of features this will on-board to make it more intuitive than the existing relationship. In this case, security should be more important than any other feature.

[Anonymous No.56038132]

>>56037468
>Sometimes, these solutions can introduce new complexities and potential points of failure. Social logins, on the other hand, have their own set of privacy and security concerns. Is better to strike a balance between convenience and security
I'm glad you are pointing out facts that many consider an oversight here.

[Anonymous No.56038343]

>>56037180
That's a rigid perspective anon, It might not be at its perfect state but there is ample room for improvement and the line of innovation is promising since it makes it possible for users to recover their assets and manage them with a unique ID.

[Anonymous No.56038382]

>>56038103
It gets even better because instead of handling the private key, they have enabled users to register using their existing social media accounts.
>>56038132
stop acting like a retard I know a good thing once I see one.

[Anonymous No.56038594]

>>56034280
>based. hope all gamblers lose it all.
couldn't have said it better myself

[Anonymous No.56038654]

>>56038382
>they have enabled users to register using their existing social media accounts.
This would break the barrier of adoption and enable web2 maxis to bridge into web3 without experiencing a total change in UI experience.

[Anonymous No.56038787]

>>56035729
Private wallets are lit, anon. I roll with Railway wallet for those anon transactions, no prying eyes

[Anonymous No.56038944]

>>56038787
Still not secured

[Anonymous No.56039040]

>>56038057
Not a bad way to keep the greens rolling in anon. I also read that there would be a 5% cashback for users on the app.

[Anonymous No.56039079]

>>56034226
Only if crypto takes security more important than creating so many stupid meme coins

[Anonymous No.56039486]

>>56034817
Kek

[Anonymous No.56039518]

>>56038343
As I mentioned, this is one of the distinctive features that many folks are relying on. If it isn't due to negligence, how in the world would someone misplace their seed phrase?

[Anonymous No.56039575]

>>56038382
>stop acting like a retard I know a good thing once I see one.
Am I? I don't think so. You're the retard here, schmuck. I'm not disputing the fact that it doesn't solve the pain point of the existing traditional wallet. Fuck, We are gradually embracing regulation in some way.

[Anonymous No.56039619]

>>56039079
There are good blockchain like QAN which is focused on security, so sad most of these pajeets are in for only pump and dump that's why they keep going for shitcoins and getting rekted

[Anonymous No.56040290]

>>56039518
Not just negligence anon, unseen circumstances can also lead to users losing their phrase like a flood, tsunami or extreme weather conditions. Having the ability to recover your assets even after losing this is a great advantage.

[Anonymous No.56040726]

>>56038594
They'd learn their lesson the hard way.

[Anonymous No.56041743]

>>56039619
Really!?

[Anonymous No.56041981]

>>56038103
It is a two way road if you ask me anon, Although it is great to recover assets after losing your keys, consider that social account systems are mostly centralized. what would be the measures to curtail hacks and compromised access from this alternative?

[Anonymous No.56042140]

>>56038068
Kek

[Anonymous No.56042405]

>>56042140
That's not a good option lol

[Anonymous No.56042692]

>>56037941
A fully compliant smart wallet with 2FA for user security is something chads won't want to sleep on.

[Anonymous No.56042836]

>>56034226
Nice

[Anonymous No.56043293]

>>56039079
Well, we can see that evident in a few platforms especially with the increase in hacks. I also see potential in wallets that implement account abstraction for user access and asset recovery.

[Anonymous No.56043630]

>>56037948
He probably is.

[Anonymous No.56043684]

>>56037897

[Anonymous No.56043855]

>>56034887
Not your keys,not your crypto. Good thing there are based wallets to explore in the space now for asset safety and I have eyes on the one Nexera ID is building which would implement the AA model.

[Anonymous No.56043865]

>>56034226
Lol

[Anonymous No.56043915]

>>56040290
Well, if the pros outweigh the cons, why not? It's a good way and a good development, I must say.

[Anonymous No.56044737]

>>56038000
This is the reason why I think CYMI is going to be massive in the coming months. As a global payment app, its got a big community.

[Anonymous No.56045127]

>>56043865
Is that so?

[Anonymous No.56045948]

>>56043630
Clearly

[Anonymous No.56045957]

>>56034226
Chainlink solves this

[Anonymous No.56046080]

>>56043855
This smart wallet just got the official stamp of approval from AllianceBlock, Anon.

[Anonymous No.56046100]

>>56042692
Based Anon. The DUA-based wallet offers the option for 2FA on transactions exceeding $50, ensuring added security.

[Anonymous No.56046230]

>>56046100
Scorch Coin is a great example of a decentralized project that puts security first. With its top-notch security features such as 2FA, it offers users peace of mind and protects their funds from potential threats. You can check out the official Scorch site at scorchcoin.com and read their whitepaper to learn more

[Anonymous No.56047048]

>>56046230
Really?

[Anonymous No.56047097]

another day another crypto scam.

cryptos need to die

[Anonymous No.56047682]

>>56035624
>I don't understand why folks are gambling?
First off, I love the fucking Vegas feeling.
Secondly, it's FUN and I can get rich just by having fun anons
Gambling makes both chads and newfags rich
https://cryptomode.com/9-4-million-fun-jackpot-won-at-dplay-casino-a-new-milestone-in-online-gaming/

[Anonymous No.56048181]

jannies are basically niggers

[Anonymous No.56048185]

>>56047097
Yeah i agree crypto has been used as a quick scheme to steal innocent investor's money. Scorch Coin however is different. Scorch is the future of cryptocurrency and by joining the community, you are a part of the solution. We believe in transparency, honesty and creating trust with our users. So now that ive told you how Scorch is going to transform the crypto space, why dont you tell us what you love about Scorch

[Anonymous No.56048464]

>>56048185
Trust the science, chuds!

[Anonymous No.56050846]

>>56048464
That faggot is deleting comment. Coward

[Anonymous No.56050855]

>>56047682
It's risky but worth it as well. So go what makes you happy