Crypto casino Duelbits goes offline after $7 million hot wallet hack
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Duelbits took its platform offline after a roughly $7 million hot-wallet hack and said user funds are safe. The casino then stayed offline longer than first planned while it investigated the breach and worked to refill its wallets. Stolen assets were moved across several blockchains, and some of the funds were traced to a single Ethereum address.
Key claims & sources
What it means
Players and customers who use Duelbits were affected because the platform went offline and stayed offline on Friday, so withdrawals were still waiting to resume. The co-founder said at 2:28 p.m. ET that the team needed more downtime, and that user funds were safe while the casino remained unavailable.
In practice, the platform could not operate normally in the period after the hack, and it said it would refill its hot wallet before resuming. The update from Friday said the team was also working to secure the platform and refill both hot and cold wallets, which shows those functions were still being handled during the outage. (per tokenpost.com)
What remains open is the final status of the investigation and the full path of the stolen assets. The available coverage says the breach was under investigation, that funds moved across four blockchains, and that about $6 million sat in a single Ethereum address, but it does not say whether any recovery steps had been completed.
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