#stake

6:10pm, 4th September, 2023

Crypto casino Stake reopens withdrawals just 5 hours after $41M hack

The online crypto casino reported unauthorized transactions from its hot wallets on Sept. 4 with blockchain security firms estimating at least $41 million pilfered from hackers.

Crypto gambling site Stake sees $16M withdrawn in possible hack

12:31pm, 4th September, 2023

Crypto Wiki

Crypto gambling site Stake sees $16M withdrawn in possible hack

Unusually large withdrawals were made from Stake to an account with no previous activity, including $3.9 million in Tether and $9.8 million in Ether.

Robinhood bought back Sam Bankman-Fried's stake from US govt for $606M

9:50am, 1st September, 2023

Crypto Wiki

Robinhood bought back Sam Bankman-Fried's stake from US govt for $606M

The purchase of the 55 million Robinhood shares had been expected following approval from the company's board and a U.S. district court.

Stellar dips into treasury to buy minority stake in MoneyGram

11:24pm, 15th August, 2023

Crypto Wiki

Stellar dips into treasury to buy minority stake in MoneyGram

The financial details weren't disclosed but the investment gave the Stellar Development Foundation a seat on MoneyGram's Board of Directors.

CoinDesk to lay off part of editorial staff in preparation for sale of stake: Report

12:27pm, 14th August, 2023

Crypto Wiki

CoinDesk to lay off part of editorial staff in preparation for sale of stake: Report

Estimates of staffers facing the axe range from 45% (20 people) to 16%. A company-wide meeting is reportedly scheduled for Aug. 14.

Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage

5:06pm, 8th August, 2023

Crypto Wiki

Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage

If the plan is approved, Core Scientific could buy 27,000 Bitmain miners for roughly $23 million in cash and $54 million in company equity.

FTX Puts Sale Of $500 Million Stake In AI Firm Anthropic On Hold

1:43pm, 28th June, 2023

Financial News

FTX Puts Sale Of $500 Million Stake In AI Firm Anthropic On Hold

The bankrupt cryptocurrency exchange FTX has halted the sale of its highly valued asset: its stake in the artificial intelligence startup, Anthropic. This abrupt decision introduces potential delays in addressing the remaining $2 billion deficit in F...