September 24, 15:48

Hackers drain $7 million from crypto casino Duelbits in suspected key compromise

Hackers drain $7 million from crypto casino Duelbits in suspected private key compromise

CoinDesk

Attackers drained roughly $7 million from Duelbits hot wallets on Thursday in a suspected private key compromise. Duelbits took its site offline. Co-founder Joe said the platform was still investigating what happened. Joe said user funds are safe. Joe said the site would remain offline until the investigation was finished and the hot wallets were refilled. Scam Sniffer said Duelbits hot wallets on Ethereum, BNB Chain and Tron sent funds to newly created addresses. Scam Sniffer later said the company's bitcoin hot wallet lost 8.1 BTC. Most stolen assets were swapped to ether. The assets were consolidated into one address holding about 2,234 ETH. The ether was worth roughly $6 million. The address has not moved. Etherscan data shows that a wallet labeled as a Duelbits hot wallet sent 836 ETH to the attacker within minutes. The wallet sent about 593,000 USDT to the attacker. The wallet sent 97,000 USDC to the attacker. The wallet sent 31,500 DAI to the attacker. The wallet sent 12.4 billion SHIB to the attacker. The wallet now holds less than $25 in ether. A private key compromise also targeted Stake in 2023. Hackers took $40 million from Stake at that time.

This content is an AI-generated summary/analysis for informational purposes only and does not constitute investment advice.