Crypto Casino Duelbits Hacked for $7M, Site Taken Offline
Online crypto gambling site Duelbits was drained of about $7 million by hackers and shut down its website, but says user funds are safe.
An online gambling website that uses cryptocurrency has been hacked for around $7 million — and it has now shut down its website while it figures out what happened.
The website, called Duelbits, is a "crypto casino" (an online gambling site where people bet using digital money like Bitcoin instead of regular cash). On Thursday, attackers stole money from the company's "hot wallets."
A hot wallet is a digital account connected to the internet, used to store crypto for quick access. Because it's always online, it's easier for hackers to reach — unlike a "cold wallet," which stays offline and is much safer.
Here is what security experts found:
- About $7 million total was stolen
- Money was taken from wallets on Ethereum (ETH), BNB Chain, Tron, and Bitcoin (BTC) — these are different blockchain networks
- The Bitcoin wallet lost 8.1 BTC
- Most of the stolen funds were swapped into ether (ETH) and gathered into one wallet holding about 2,234 ETH, worth roughly $6 million
- That money has not been moved yet
This is the same trick used to hack Stake, one of the biggest crypto casinos, back in 2023 — a theft that cost $40 million.
Duelbits co-founder Joe posted on X (formerly Twitter): *"Confirming a ~$7M hack... user funds are safe."* He said the site will stay offline until the investigation is done and the wallets are refilled.
The takeaway: This is another reminder that online crypto platforms — especially ones connected to the internet 24/7 — can be targets for hackers. Even though the company says customer money is protected, events like this show why security matters so much in the crypto world.
This is an AI-generated summary. Read the original article at: https://www.coindesk.com/business/2026/09/24/crypto-casino-duelbits-goes-offline-after-usd7m-hot-wallet-hack