Duelbits Crypto Casino Hacked for $7 Million, Forced Offline

Crypto casino Duelbits has suffered a significant setback after its hot wallet was hacked for $7 million. The incident has left many in the industry questioning the security measures of such platforms.

Duelbits, which operates on the Binance Smart Chain (BSC), reported that the breach occurred due to an unauthorized transaction from its hot wallet. As a result, the platform went offline to prevent further losses and protect user funds.

The incident highlights the risks associated with storing large amounts of cryptocurrency in hot wallets, which are online storage solutions designed for quick transactions.