Duelbits Says Approximately $7 Million Was Stolen From Its Hot Wallet and Temporarily Goes Offline
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AT A GLANCE
Duelbits said its hot wallet was attacked, approximately $7 million was stolen, and its website is temporarily offline.
Article
Cryptocurrency gambling platform Duelbits has taken its website offline after approximately $7 million was stolen from its hot wallet.
PANews reported on September 25 that cryptocurrency gambling platform Duelbits took its website offline after an attacker stole approximately $7 million from its hot wallet. Its co-founder, Joe, stated on X: “We confirm that we experienced a hack involving approximately $7 million in funds. We are still investigating the specific circumstances and attack method. Duelbits will remain offline until the situation is clarified. User funds are safe. Next steps include completing the investigation, replenishing the hot wallet, restoring Duelbits operations, and launching Duelbits 2.0.”
Duelbits co-founder Joe said that the platform experienced a hack involving approximately $7 million in funds.
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Duelbits said it is still investigating the specific circumstances and attack method.
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Duelbits will remain offline until the investigation is completed and plans to replenish its hot wallet, restore operations, and launch Duelbits 2.0.
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Joe stated that user funds are safe.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A hot wallet is a wallet that a platform uses for daily fund operations. Duelbits said funds were stolen from its hot wallet, so it has temporarily closed its website and plans to replenish the hot wallet and restore operations after investigating the incident.
Why it matters to readers
The incident involves approximately $7 million and has temporarily made the Duelbits website inaccessible; users should monitor the investigation results, service restoration, and the status of funds.
This shows that hot wallets at cryptocurrency platforms can become attack targets, and users may be unable to access services normally while a platform is offline.
Risks and unknowns
The attack method and specific circumstances remain under investigation.
No detailed breakdown of the stolen funds has been provided.
The assertion that user funds are safe is Joe’s statement, and the subsequent status still requires confirmation.
It remains unclear when the website will resume operations.
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Related concepts
Hot Wallet
This term is not in the glossary yet. Browse related concepts in the glossary.
