Duelbits has confirmed that it suffered a security breach resulting in the loss of approximately…
Duelbits has confirmed that it suffered a security breach resulting in the loss of approximately $7 million from its hot wallets, forcing the crypto betting site to temporarily suspend its services while an investigation was carried out.
The incident was first confirmed on September 24 by Duelbits co-founder Joe, who announced on X that Duelbits would remain offline until the company fully understood how the attack had occurred. He confirmed that customer funds had not been affected and said the immediate priorities were completing the investigation, restoring liquidity to the platform’s wallets, and bringing the service back online safely.
Rather than reopening immediately, Duelbits spent several days rebuilding its deposit and withdrawal infrastructure. In the following updates, Joe said the team had identified the source of the breach and decided to strengthen the platform’s payment systems before restoring normal operations. As part of the recovery, the company replenished both its hot and cold wallets with approximately $8 million in digital assets.
On September 27, Duelbits announced that the platform had returned online, with deposits and withdrawals fully operational. Users were also advised to generate new deposit addresses, as all previous wallet addresses had been replaced during the security overhaul.
Although Duelbits has not yet released a detailed technical explanation of the attack, it says the upgraded wallet infrastructure is intended to provide a more secure foundation for the platform going forward. The improvements are also expected to support the launch of Duelbits 2.0, a major platform update currently planned for early October 2026.