Crypto casino Duelbits goes offline after $7 million hot wallet hack

"Confirming a ~$7M hack. Still investigating exactly what happened and how," co-founder Joe wrote on X , adding that "user funds are safe." He said the platform would stay offline until the investigation is finished and its hot wallets are refilled.

Blockchain security firm Scam Sniffer first flagged the incident , reporting that Duelbits hot wallets on Ethereum, BNB Chain and Tron sent funds to newly created addresses in a suspected private key compromise. It later said the company's bitcoin hot wallet also lost 8.1 BTC.

A private key compromise is also the method that targeted Stake, the largest crypto casino by volume, in 2023. Hackers at the time made off with $40 million .