DailyBubble News
DailyBubble News

Crypto casino Metawin loses $4 million to exploit of Ethereum, Solana hot wallets – The Block

Crypto casino Metawin has suffered a significant loss of $4 million due to an exploit of its Ethereum and Solana hot wallets. The security breach has raised concerns about the vulnerability of cryptocurrency platforms to hacking incidents.

The exploit targeted Metawin’s hot wallets, which are online wallets connected to the internet and used for daily transactions. Hackers were able to gain unauthorized access to the wallets, resulting in the loss of $4 million worth of cryptocurrencies.

The incident serves as a reminder of the importance of robust security measures in the cryptocurrency industry. Metawin is now working to enhance its security protocols to prevent future breaches and protect its users’ funds.

Cryptocurrency platforms are prime targets for hackers due to the potential for large financial gains. Investors and users are advised to exercise caution and use secure wallets to protect their digital assets from theft.

The loss of $4 million is a significant blow to Metawin, but the casino is taking steps to recover and strengthen its security infrastructure. It is crucial for cryptocurrency platforms to prioritize security to safeguard the funds and trust of their users.

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