- Hackers attacked the protocol’s hot wallets on Ethereum and Solana by taking advantage of Metawin’s withdrawal procedure, depleting the cryptocurrency casino of about $4 million in tokens.
- In addition to restoring access and backfilling the stolen funds, Metawin has been in touch with law enforcement.
By taking use of the protocol’s frictionless withdrawal mechanism, an exploiter was able to take a sizable quantity of tokens from the Ethereum and Solana hot wallets of cryptocurrency casino Metawin.
With 115 stealing addresses linked to the attack, blockchain expert ZachXBT and Skelhorn estimated the sum taken to be over $4 million, suggesting that the hacker possessed some technical know-how. The stolen money has so far been moved to a HitBTC nested service and Kucoin.
According to a Skelhorn update on Discord, Metawin’s withdrawals have been permitted again after being momentarily suspended. Skelhorn added that notice had been sent to the authorities.
We will not linger on it. The federal government is now in charge of it, and we will make certain internal changes to maintain player satisfaction while keeping the bad actors at bay. in a previous communication. We don’t focus on things like the fact that I just drained my piggy bank. We continue to construct.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
