Duelbits has shut down after hackers stole around $7 million from its hot wallets, with investigations ongoing and user funds claimed to be secure.
Duelbits, a cryptocurrency gambling platform, has gone offline following a cyberattack that resulted in the theft of roughly $7 million from its hot wallets.
Hackers accessed hot wallets across four different blockchains, consolidating nearly $6 million into a single Ethereum address.
Co-founder Joe confirmed the breach on X, stating that while the platform investigates the incident, user funds are secure. The site will remain unavailable until the investigation concludes and the wallets are replenished.
The breach was first reported by blockchain security firm Scam Sniffer, which indicated that wallets on Ethereum, BNB Chain, Tron, and Bitcoin were compromised, likely due to a private key vulnerability. Notably, Duelbits also lost 8.1 BTC from its Bitcoin wallet.
This hacking method mirrors a significant breach earlier this year at Stake, a leading crypto casino, which suffered a loss of $40 million.
Data from Etherscan shows that the compromised Ethereum wallet swiftly transferred large amounts of various cryptocurrencies to the hacker, currently holding less than $25 in ether. Most of the stolen funds were converted to ether and moved to a new address, which now contains about 2,234 ETH, valued at approximately $6 million, and has not been further transferred.
Before the attack, DappRadar ranked Duelbits as the 17th largest among 43 monitored crypto casinos based on on-chain deposits, with around $5.7 million in its wallets. It is unclear if these figures reflect balances prior to the theft.
Duelbits has publicly stated that it is investigating the "security incident" and has taken the site offline as a precautionary step.
