Duelbits Hacked: $7 Million Stolen from Hot Wallet in Cryptocurrency Heist

Duelbits, a cryptocurrency gambling platform, has taken its website offline after suffering a hot-wallet hack that resulted in a loss of approximately $7 million. The incident occurred when attackers stole funds from the company's hot wallet, prompting Duelbits to halt operations while it investigates the breach.

The company's co-founder, Joe, stated that user funds are safe and that the team is still examining how the attack occurred. As part of its next steps, Duelbits plans to replenish its hot wallet, restore its operations, and launch Duelbits 2.0.