clic para version en español

 North Korean hackers were responsible for the theft of $41 million in cryptocurrency from Stake.com.




North Korean hackers were responsible for the theft of $41 million in cryptocurrency from Stake.com.
Published: 2023-09-14

North Korean hackers made off with nearly $41 million worth of cryptocurrencies from an online casino and sports betting site this week — money officials worry will be used to bolster the country’s nuclear weapons program ahead of an expected arms deal with Russia.

The FBI announced on Wednesday it had traced the hack of Stake.com back to North Korea and its state-sponsored Lazarus Group, which has stolen more than $200 million in cryptocurrencies over the past year alone.

In 2022, blockchain analytics company Chainalysis found it had stolen a whopping $3.8 billion from crypto business.

In recent years, there has been a marked size and scale of cyber-attacks against cryptocurrency-related businesses by North Korea,” blockchain intelligence firm TRM Labs reported in June.  “This has coincided with an apparent acceleration in the country’s nuclear and ballistic missile program.”

Even more concerning for US officials is the fact that this latest exploit came just days before North Korea leader Kim Jung-Un’s expected meeting with Russian President Vladimir Putin, when the two world leaders are expected to iron out arms deal to help Russia in its ongoing invasion of Ukraine.

 

North Korean Leader Kim Jung-Un meet with Russian President Vladimir Putin about an arms deal.AP

 

 

Ahead of the expected meeting, North Korean hackers stole nearly $41 million worth of cryptocurrencies from Stake.com .Getty Images

 

The White House has previously warned that North Korea was shipping artillery shells and rockets to Russia and were set to negotiate for more arms deals. Then just last month, North Korean state media reported that Kim and Putin were exchanging letters in which they pleaded to expand “bilateral cooperation in all fields” and build a “longstanding strategic relationship in conformity with the demand of the new era.”

It is unclear what exactly Kim may offer Putin as the war in Ukraine continues, but analysts say the recent cryptocurrency hacks have given the communist country some funds it could use to build up its weapons cache.

In the most recent hack, Lazarus Group stole $16 million in Ether, as well as stable coins like USDT, USDC and DAI.

That was followed by another $25 million withdrawals of MATIC and BNB tokens.

Stake.com co-founder Edward Craven told it was a “sophisticated breach” that exploited a service the casino uses to authorize crypto transactions.

The company halted deposits and withdrawals following the breach, but reinstated both functions shortly thereafter, and is continuing to operate.

 

Stake.com co-founder Edward Craven told it was a “sophisticated breach” that exploited a service the casino uses to authorize crypto transactions.Stake.com.

 

 

Lazarus Group stole $16 million in Ether, as well as stable coins like USDT, USDC and DAI. That was followed by another $25 million withdrawals of MATIC and BNB tokens.X / @PeckShieldAlert

The FBI is now advising the public to “be vigilant in guarding against transactions directly with, or derived from, those addresses.” Meanwhile, the Biden administration is warning North Korea that it will “pay a price” if it moves forward with a deal to provide arms to Russia.

White House National Security Advisor made the remarks at a press briefing on Tuesday, when asked about reports that Kim and Putin would meet in person. “[This] is not going to reflect well on North Korea, and they will pay a price for this in the international community,” he said.

How did you find this material?
How did you like this news?

me encanto el articulo de Mundo Video

0%

I loved

me gusto el articulo de Mundo Video

0%

I liked

no me gusto el articulo de Mundo Video

0%

I dont liked

punto de venta online mundovideo

You can not leave without reading this news!


ESPN BET Alternate Telecast Planned for PGA Championship. 

North Korean hackers were responsible for the theft of $41 million in cryptocurrency from Stake.com.

Two days after it was announced that ESPN BET would be the official sports betting sponsor of the PGA Championship through 2026, ESPN announced there will be an ESPN BET alternate telecast during the major championship.

 

 

The alternate telecast, which will air on ESPN2 from 11 a.m. – 1 p.m. ET during the first and second rounds and during the same timeframe on ESPN+ during the third and fourth rounds, will include on-site analysis from Michael Collins and “Stanford” Steve Coughlin.

 

 

ESPN says the telecast will focus on betting, including discussion about hole-by-hole live betting as well as tournament futures analysis.

 

PGA of America partners with AGA

In a busy partnership week for the PGA of America, the entity also announced Wednesday it’s working with the American Gaming Association to promote the AGA’s “Have a Game Plan” public service campaign. The campaign aims at promoting responsible gambling habits, such as setting a budget and viewing betting as entertainment rather than a reliable way to earn money.

 

 

Activating AGA’s Have A Game Plan campaign during this year’s PGA Championship and beyond will be an integral part of our strategy as interest in golf wagering grows.”

 

The PGA of America’s online and social media accounts will share “co-branded responsible gaming content” throughout next week when the PGA Championship begins.

 

As the PGA of America welcomes ESPN BET as the Official Sports Betting Sponsor of the 106th PGA Championship, it is core to our values to ensure golf fans have the right tools in their bag to bet responsibly,” PGA of America Chief Commercial Officer Jeff Price said in a press release.



Vancouver City Council will consider a recommendation to relax the restrictions on expanding casinos in the city. 

North Korean hackers were responsible for the theft of $41 million in cryptocurrency from Stake.com.

 

A staff report will be presented to council on May 8 that proposes loosening the moratorium on new or expanded gambling venues.

Parq Vancouver was opened in 2017 next to BC Place stadium in downtown Vancouver. Under current regulations, the 72,000-square-foot, two-storey casino is permitted 600 slot machines and 75 table games. It has maxed out that slot allowance and has 61 table games. Hastings Racecourse and Casino is owned and operated by Great Canadian Entertainment. It has 446 slot machines from an allowance of 600 on a casino floor beneath the horse racing grandstands.

 

 

The British Columbia Lottery Corporation wants to expand gambling at the two casinos in the city, Parq Casino Vancouver and Hastings Racecourse and Casino. BCLC proposes adding more slot machines and table games.

 

Parq currently has 600 slot machines and 61 gambling table while Hastings holds 446 slot machines. The report did not clarify how many the lottery corporation is looking to add.

 

A BCLC spokesperson told Canadian Gaming Business that through its consultations with Vancouver on the state of the gaming market and the performance of the facilities, “an opportunity was identified to enhance the gambling mix” at both venues.

 

The moratorium was implemented in 2011, around the same time that the city rejected an application for a 1,500-slot casino on the Vancouver waterfront. It means the city cannot accept a direct application from BCLC to expand one of its casinos. The report recommends an amendment to allow councillors to approve or reject such proposals. Applications for new gambling venues would still be banned.

 

This approach aims to ensure council decisions are informed by sufficient detail to assess the impacts of expanding gambling at existing facilities… while keeping other elements of the moratorium intact,” the report reads.

 

BCLC highlights increased revenue potential.

 

B.C. regulations guarantee municipal governments 10% of net casino gaming revenue in their jurisdiction on an annual basis. Parq and Hastings contributed more than $7 million to the city in the 2022-23 fiscal year, according to financial disclosures in the report. Parq supplied more than $6 million of that.

 

BCLC forecasts that expansions to one or both of the venues could increase the government’s annual slice by somewhere between $2.6 million to $5 million.

 

Like most cities, Vancouver has seen significant growth since the moratorium was approved in 2011, almost 15 years ago,” the BCLC spokesperson told Canadian Gaming Business. “Since then, the population has grown by an estimated 22% while the gambling mix in Vancouver has remain unchanged. Amending the moratorium would allow us to work with Vancouver city staff to look at ways to meet increased player demand and expectations in the city and generate additional revenue for the Province of B.C. and City of Vancouver.”

 

The report presents several options to council. They include amending the moratorium to accept an expansion application for one or both existing casinos, lifting it entirely for all casinos or conducting a full analysis before deciding.

In the report, staff recommend Option 1.

 



Resorts World Las Vegas takes any suggestion of rape seriously, in the Shohei Ohtani case. 

North Korean hackers were responsible for the theft of $41 million in cryptocurrency from Stake.com.

 

Although Shohei Ohtani is free of any charges in the case of the robbery of his former interpreter Ippei Mizuhara to make illegal bets, the scandal continues, since it is now known that several Las Vegas casinos would be involved in this case, for having was the place where the sums were deposited.

 

 

 

According to what several sources related to the case revealed to ESPN, what the Japanese did was pay amounts of $500,000 from the star player's account, and that went directly to casino gambling accounts in Nevada City and some based in California. The next step was that the money was converted into chips and used to pay the bookmaker.

 

The broker in question is Mathew Bowyer, who was a client of the Las Vegas Resorts World casino chain. It was precisely to the accounts of this place that it is suspected that Ohtani's money was sent, without him being able to perceive anything of what was happening.

 

 

The FBI, which carried out an in-depth investigation to discover what had happened with the theft of around $16 million from the designated hitter, concluded that he "didn't know anything," which makes him a victim of the incident.

 

At a press conference, the highest-paid athlete in the world had already anticipated: "I never bet on baseball or any other sport, nor did I ever ask anyone to do so on my behalf. I never went to a betting house to bet on sports."

 

The hotel complex that is now at the center of the controversy, and from there responded: "Resorts World Las Vegas takes any suggestion of violation seriously and is cooperating with the ongoing investigation."

 

 



Casinos in Pennsylvania cut slot machines and blame street machines. 

North Korean hackers were responsible for the theft of $41 million in cryptocurrency from Stake.com.

Pennsylvania casinos are cutting slot inventory over poor performance, with one placing blame on the unregulated skill game machines found in convenience stores and gas stations.

 

 

Rivers Pittsburg received permission from the Pennsylvania Gaming Control Board (PGCB) to remove 302 slots from its casino floor. While it acknowledged the need for newer machines, the casino put most of the blame on the widespread availability of skill games, which it says are just unregulated slots.

 

 

The casino industry continues to attack skill games for loss of revenue, yet these losses don’t seem to appear in any of their reporting. While they spin misleading information, we will stick to the facts. The fact is, that skill games are a legal source of income that Pennsylvania’s small businesses rely on every day to make ends meet, Chief Public Affairs Officer, Michael Barley, Pace-O-Matic, manufacturer of skill games.

 

 

Pennsylvania’s retail casinos aren’t the only ones experiencing a slowdown. Even Nevada and New Jersey—states almost synonymous with gambling—have been feeling it. Definitively attributing the pinch to any particular cause is harder.

 

 

While the state legislature remains deadlocked, some local lawmakers have taken independent action. Days after the Supreme Court allowed the skill games to operate, the Philadelphia City Council banned skill games inside gas stations and convenience stores. As expected, skill game manufacturers and operators responded with a lawsuit.

 



Isaiah Rodgers returns to the neighborhood after a year-long suspension for sports betting. 

North Korean hackers were responsible for the theft of $41 million in cryptocurrency from Stake.com.

Rodgers was banned from pro football a year ago after a league probe found that the then-Indianapolis Colts player placed bets through a legal online sportsbook in Indiana.

The Colts cut Rodgers after his suspension was handed down. The Eagles signed the free agent in August.

 

Rodgers’ reinstatement allows him to immediately resume all team activities in Philadelphia. The Eagles and the rest of the NFL are readying for the NFL Draft that begins on Thursday night.

 

20 yards and no touchdowns entangle Kayson Boutte, plus 8,900 wagers.

Rodgers is one of more than a dozen players who have been suspended since 2018 for violating the league’s gambling policy. The regulations prohibit all team members, referees, and front-office staff from betting on any NFL game regardless of whether they’re directly participating or involved.

Dekkers only 20 when he allegedly wagered.

An investigation last year determined that Rodgers made over 100 bets on NFL games, including a prop bet on Colts running back Jonathan Taylor that won $1,000. Rodgers was never determined to have thrown or tried to fix a game, but he did bet on his team winning and Taylor rushing for more yards than the total oddsmakers had for his over/under.

 

Game Integrity 

 

Legal sports betting in the US is more widespread than ever, and that’s heightened concerns about game integrity among officials of the “big four” — the NFL, MLB, the NBA, and the NHL.

 

The NBA recently took the drastic step of issuing Jontay Porter a lifetime ban after it was discovered that the Toronto Raptors franchise player tried to fix games and threw a performance for the benefit of bettors. NBA Commissioner Adam Silver said there is “nothing more important” than protecting the integrity of the sport, which Porter threatened.

 

Betting scandals have also recently rocked MLB, most noteworthy being the controversy involving Los Angeles Dodgers superstar Shohei Ohtani’s interpreter who allegedly stole millions of dollars from his boss to fund his sports betting activity.

 

 


Soldardura SMD MundoVideo
THIS CAN INTEREST YOU
Philippines and Chinese’s up together to construct a cryptocurrency mining farm
https://www.mundovideo.com.co/asia/philippines-and-chineses-up-together-to-construct-a-cryptocurrency-mining-farm
The Cagayan Economic Zone Authority (CEZA) is a government owned and controlled corporatio...
North Korean hackers were responsible for the theft of $41 million in cryptocurrency from Stake.com.
https://www.mundovideo.com.co/america/north-korean-hackers-were-responsible-for-the-theft-of-41-million-in-cryptocurrency-from-stake-com
North Korean hackers made off with nearly $41 million worth of cryptocurrencies from an on...
Cryptocurrency on Gambling:UK change the regulator body that regimes the binary options
https://www.mundovideo.com.co/europa/cryptocurrency-on-gambling-uk-change-the-regulator-body-that-regimes-the-binary-options
The UK Financial Conduct Authority will assume control over the regulation of the nation&r...
Poker payed with cryptocurrency?
https://www.mundovideo.com.co/poker-news/poker-payed-with-cryptocurrency
"We are the future of online poker," said the creators of Virtue Poker. The room now repor...
Online Póker rooms and how the cryptocurrency climate its affect them
https://www.mundovideo.com.co/poker-news/online-poker-rooms-and-how-the-cryptocurrency-climate-its-affect-them
The rising valuations of crypto-currency, especially Bitcoin, have left investors, specula...
REGISTER HERE
TE MANTENDREMOS INFORMADO
Banner_lateral_derecho_link_new.jpg
Phones:

(57​​1) 7568829 - 3606414 - 3606415 FAX (57 1)​ ​3605027

headquarters:

Bogotá / Medellín / Cali / Pereira / Barranquilla

Welcome to Mundo Video Corporation
Design & Dev by Keyframestudio.co
https://www.mundovideo.com.co/america/north-korean-hackers-were-responsible-for-the-theft-of-41-million-in-cryptocurrency-from-stake-com