Unstable employment while you’re young can set you up for a wage gap later in life – even if you eventually land full-time work 
What kind of diner are you? 6 types of diners who avoid plant-based meat dishes 
Meet Paris’ black dandies, the Sapeurs 
Interest rates: the ugly dilemma facing Europe’s central banks – and why it’s a mistake to cut too soon 
Water cremation: sustainable body disposal is coming to Scotland – here are the benefits 
From Burger King to McDonald’s: Fast-Food Prices Surge Dramatically in Recent Years 
How visas for social care workers may be exacerbating exploitation in the sector 
Coca-Cola Launches Lens Platform to Offer Key Data for Retail and Foodservice 
Mortgage prisoners: regulatory changes and low credit scores have left thousands trapped in a cycle of high payments 
If the RBA’s right, interest rates may not fall for another year. Here’s why. 
The biblical character who goes ‘down the rabbit hole’ into an alternate reality − just like Alice in Wonderland 
Stake.com, the world's largest cryptocurrency casino, suffers a massive $41.3 million cyber-attack, igniting pressing concerns over the security of online crypto gambling platforms and potentially reshaping the sector's future.
Not only does this breach deal a severe blow to Stake.com, but it also serves as a stark warning for the entire crypto casino sector. Stake.com's once stellar reputation as a secure platform lies in ruins, potentially deterring new users from participating in crypto gambling activities. Regulatory scrutiny looms as authorities may tighten their grasp on crypto-based gambling platforms to ensure user security.
Despite the breach, it is important to note that Stake.com had implemented robust security measures to safeguard user data and funds. These measures included enforcing stringent password policies, integrating two-factor authentication (2FA) for an added layer of security, and conducting frequent security audits to identify and rectify potential vulnerabilities.
Using encryption technologies to secure users' data and financial transactions, Stake.com had seemingly addressed security concerns head-on. The platform even went the extra mile to provide guidelines to users, advising them to steer clear of high-risk games that might expose them to potential hacking attempts.
However, the unfortunate cyber-attack on Stake.com unveils a sobering truth: even the most secure platforms are not impervious to sophisticated breaches. This incident serves as a wake-up call for the industry to reinforce security protocols, urging users to exercise caution when engaging with online crypto platforms.
As Stake.com grapples with the aftermath of this security debacle, the spotlight is on regulators and potential users, eagerly awaiting their response. The future of Stake.com—and the industry as a whole—hinges on their ability to address and remedy the fallout from this cyber-attack effectively.
Founded in 2017 and headquartered in Curacao, Stake.com had amassed a staggering $2.6 billion in revenue in 2022. The platform was known for accepting cryptocurrency deposits and withdrawals and garnered significant marketing support from renowned music artist Drake.
Photo: Aidan Howe/Unsplash
