Duelbits crypto hack drains $7M, platform goes offline
- —Roughly $7 million drained, including 836 ETH, 1.62M USDT and 8.1 BTC
- —Hot wallets on Ethereum, BNB Chain, Tron and Bitcoin were compromised
- —Stolen assets were swapped into ETH and consolidated into one address holding 2,234 ETH worth about $6 million
- —Co-founder Joe said user funds are safe and the platform will stay offline until wallets are refilled
Why it matters: A second major crypto casino breach via private key compromise, after Stake lost $40 million in 2023, highlights persistent hot wallet vulnerabilities across the sector.
Source: The Cryptonomist