The stolen money were moved to Kucoin and HitBTC.
Metawin, a crypto gambling website, lost $4 million from its Ethereum and Solana hot wallets after a hack on November 3.
The stolen monies, as detected by crypto detective ZachXBT, have so far been moved to Kucoin and a HitBTC nested service.
According to Metawin’s CEO, Richard Skelhorn, the attacker used the platform’s “frictionless withdrawal system.” In a Discord chat, he stated that the site has temporarily suspended withdrawals to allow for system access and security.
“Withdrawals have been re-enabled for 95% of users, with final checks underway for the remaining accounts” , the official stated.
Meanwhile, ZachXBT identified the stolen money using 115+ theft addresses linked to the incident. At this moment, neither the motivation for the attack nor the attacker’s identity are known.
Following the attack, CEO Skelhorn stated that the site is now “topping up wallet balances.”
“We will also be implementing additional security controls for new users, while also exploring ways to maintain a flexible and seamless experience for our trusted community.”
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The attack was a “challenge” for Metawin and its community, he noted. “We’re learning from it and will emerge stronger.”
Later, in an updated status, Skelhorn stated that the corporation will make “internal adjustments” to keep bad actors at bay. “I just depleted my piggy bank; let’s not linger on it. “We keep building.”
Crypto hacks cost over $129 million in October, according to CertiK.
The crypto casino breach is the latest in a string of high-profile cyber-attacks in the DeFi market, after the most recent Radiant Capital vulnerability.
According to blockchain security firm CertiK, security breaches such as scams and hackers caused cryptocurrency losses of $129.6 million in October.
According to CertiK statistics, exit scams caused $1.2 million in losses, followed by flash loan attacks, which caused $1.5 million in cryptocurrency losses.
Radiant Capital, a Binance-backed blockchain technology, suffered a crypto theft on October 16 that resulted in the loss of nearly $50 million. The attackers appear to have gotten possession of three of the eleven private keys required for protocol updates.
Furthermore, on October 30, a phishing assault targeted many decentralized applications. The hack targeted the famous Lottie Player animation library, which is utilized by several IT businesses.
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