Online gambling site Stake, which allows bets to be placed using crypto, appears to have been targeted by an exploit. On-chain analyst Cyvers reported that $16 million has been withdrawn on the Ethereum network following a “private key leak.” Blockchain sleuth ZachXBT backed up Cyvers’ claim, stating that $15.7 million had been drained on Ethereum and another $25.6 million had been lost across Polygon and the Binance Smart Chain. The gambling firm, which is backed by rapper Drake, experienced multiple unusual transactions Monday morning Eastern Time, losing around $40 million in funds, blockchain security experts said today.