Security· ★★★· bearish·

Duelbits hot wallets drained of $4.2M in suspected private key leak

  • 836 ETH, 1.62M USDT, 97K USDC, 209 BNB and 192K TRX were moved out
  • Funds went to newly created addresses, with most converted to ETH
  • The incident hit hot wallets across three networks at once
Why it matters: Another private key leak at a crypto service highlights custody risks and can weigh on user trust in platforms holding funds in hot wallets.
Source: PANews