A security firm, Cyvers Alerts, has flagged suspicious transactions from the cryptocurrency gambling platform Stake, totalling $16 million on September 4. Blockchain evidence suggests that the funds were siphoned off as a result of a stolen private key. The hacker transferred $3.9 million worth of Tether (USDT), 6,001 Ethereum (ETH) worth $9.8 million, $900,000 worth of Dai (DAI), 333 Stake Classic (STAKE) worth $75.48, and about $1 million in USD Coin (USDC). The funds were then split among many accounts.Stake has yet to release a statement about the withdrawals. The incident follows a similar attack on Alphapo, a supplier of payment services to several crypto-gambling sites, which saw $31 million in erroneous withdrawals on July 23.

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Information	Details
Geography	Global
Countries
Sentiment	negative
Relevance Score	8
People	None
Companies	Etherscan, Tether (USDT), Hypedrop, Ethereum (ETH), Cyvers Alerts, USD Coin (USDC), Alphapo, Ignition., Stake.com, Dai (DAI), Stake Classic (STAKE), Bovada
Currencies	Tether, Stake DAO, Dai, USD Coin, Ethereum
Securities	None