Duelbits Suspends Platform After Hot Wallet Exploit Drains $7 Million

Crypto casino platform Duelbits confirmed Thursday that an attacker drained approximately $7 million from its hot wallets, prompting the company to take the platform offline while it investigates the breach. The exploit targeted the platform's hot wallets — internet-connected storage used for daily operations — rather than its cold storage reserves, according to the company's official statement.

Duelbits said it detected unauthorized withdrawals from its hot wallets and immediately suspended all platform activity to contain the damage. The company has not disclosed a timeline for restoring services, stating only that the investigation is ongoing and that user funds are being assessed. The platform's website currently displays a maintenance notice, though the company has clarified this is not a routine outage but a direct consequence of the confirmed security incident.

The $7 million figure represents a significant loss for the platform, though Duelbits has not yet stated whether affected user balances will be reimbursed from its cold storage reserves or insurance funds. The company has urged users to remain patient while forensic analysis is conducted, and it has not indicated whether law enforcement or blockchain analytics firms have been brought in to trace the stolen assets.

Duelbits has not announced a specific date for reopening, nor has it detailed which blockchain networks were affected. Users holding funds on the platform are advised to monitor official Duelbits channels for updates on the investigation's findings and any compensation plan.