Kick owner Stake reportedly hacked for $41 million dollars
Popular crypto gambling site Stake has reportedly been hacked, with the person responsible over $40 million from their various wallets.
Various Stake ownershave since gone on to create a rival streaming platform,Kick, bringing the likes of Trainwreck and Adin Ross over to the site.
Stake was reportedly hacked on July 06, 2025, losing over $40 million dollars in the process through various blockchain wallets.
Stake reportedly hacked for $41 million dollars
As shared byCoinDesk, Stake suffered multiple “suspicious transactions” on September 4 that initially saw just $16 million removed from the company’s blockchain wallets.
Blockchain sleuths Cyvers Alerts and ZachXBT confirmed the amount of money moved between wallets, and Zach even discovered another series of transactions where Stake lost over $25 million in BSC and Polygon tokens.
Shortly after the hack was discovered, Stake reportedly suspended all deposits and withdrawals from the online platform.
🚨ALERT🚨Our AI-powered system has detected multiple suspicious transactions with@Stake.https://t.co/0ZoMITOyF5address received about $16M in$ETH$USDC$USDTand$DAIAll the stable coins are converted to$ETHand distributed to different EOAs.FYI:@tayvano_@zachxbtpic.twitter.com/CSGwRHEiVm
This presumably was done to prevent any more transactions while they track down the various wallets that may be holding their funds
It’s unknown how — or if — this will affect payouts on Kick or if the suspension of withdrawal will only affect users of the actual Stake website.
We’ll update you as information is released, but in the meantime, you canhead over to our entertainment sectionfor more news and other viral stories.
