Crypto casino Duelbits has reportedly gone offline after suffering a significant security breach. According to CoinDesk, the platform's hot wallet was hacked, resulting in a loss of approximately $7 million.
The hack has forced Duelbits to suspend operations, with no clear timeline provided for when services might resume. This incident highlights the ongoing security challenges faced by crypto gambling platforms relying on hot wallets for liquidity.
For Japanese investors and traders, this event underscores the risks inherent in crypto-related services, especially those operating in less regulated sectors such as crypto casinos.