The online casino and sports betting platform Duelbits has officially resumed operations after addressing a significant security breach. The team has allocated $8 million in assets for immediate payouts.
We're back. š¢
ā Duelbits (@Duelbits) September 27, 2026
We took the extra time to rebuild and test everything properly. No shortcuts. Deposits and withdrawals are live.
We've relaunched with around $8M across hot and cold wallets, ready to pay out.
Sorry for the wait. It was just as frustrating for us. Huge respectā¦
"We took extra time to properly rebuild and test everything. No compromises. Deposits and withdrawals are operational again," stated the company.
On September 24, security researchers from PeckShield and Scam Sniffer detected suspicious transactions originating from Duelbits' hot wallets. They estimated the value of the withdrawn assets to be between $4.2 million and $4.3 million, affecting funds on the Ethereum, BNB Chain, and TRON networks.
Co-founder Joe confirmed the hack, revealing that the loss was approximately $7 million.
Confirming a ~$7M hack. Still investigating exactly what happened and how.
ā Joe (@DuelbitsJoe) September 24, 2026
Until we have clarity, Duelbits stays offline. User funds are safe.
Next steps: finish the investigation, re-top hot wallets, and bring Duelbits back online, launch Duelbits 2.0.
I'll keep postingā¦ https://t.co/V4Zl4St31I
"Next steps: complete the investigation, replenish hot wallets, and bring Duelbits back online," he added.
As of now, the team has not released a detailed report on the incident. Scam Sniffer suggested that the breach might have involved the compromise of a private key. This is not the first time Duelbits faced such an issue; in February 2024, a similar attack resulted in a loss of $4.6 million.
This latest hack overshadowed an unauthorized withdrawal incident from the centralized exchange Bitget on September 24, which was initially estimated to have caused a loss of $351.6 million, later revised to $387.5 million.
According to CoinGecko, from January 2025 to July 2026, crypto platforms suffered losses totaling $3.63 billion across 245 documented incidents, with the largest breach occurring at Bybit, amounting to $1.43 billion.
Follow ForkLog on social media:
Telegram (main channel) Facebook X