Duelbits Co-Founder Reports $7 Million Hack as Casino Stays Offline
Duelbits co-founder reported a $7 million hack and the casino platform remains offline. The company says customer balances are intact and withdrawals will resume once the site reopens, while onchain data indicates the stolen funds were consolidated into ETH.
Why It Matters
If confirmed, the breach would be a material security incident affecting a crypto-linked gambling platform and could influence customer access to funds and broader perceptions of custody and operational security in web3 gaming. Onchain movement of assets into ETH provides a traceable trail that may aid investigation or recovery efforts.
Key Facts
- Platform: Duelbits
- Reported loss: $7 million
- Status: Casino remains offline
- Company statement: Customer balances unchanged; withdrawals will resume when it reopens
- Onchain activity: Funds consolidated into ETH (Ethereum)
Duelbits' co-founder has reported a hack that the company estimates at roughly $7 million, and the platform is currently offline. The announcement prompted the operator to pause services while it addresses the incident.
In a statement accompanying the outage, Duelbits said customer balances have not been affected and that withdrawal services will restart once the site is back online. The company did not provide additional operational details on timing or the steps being taken to secure systems in the excerpt provided.
Blockchain records show the moved funds were consolidated into ETH, indicating the assets were aggregated into Ethereum-based holdings after being transferred. That onchain activity creates a public trail that could be used in any forensic investigation or recovery attempt.
Further information on the cause of the incident, any parties involved, and whether law enforcement or external security responders have been engaged was not included in the available report. Duelbits' claims about customer balances and the timeline for resuming withdrawals remain based on the company's communications while the platform remains offline.
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