1 min read
Duelbits Hot Wallets Lose $4.2 Million Across Three Networks
The outflows included 836 Ether, 1.62 million Tether and other assets, with most later exchanged for Ether.
Mentioned assets
Duelbits hot wallets lost about $4.2 million across Ethereum, BNB Chain and Tron, with transfers suspected to involve private-key exposure and funds moving into newly created addresses.
The outflows included 836 Ether (ETH), 1.62 million Tether (USDT), 97,000 USD Coin (USDC), 209 BNB and 192,000 TRX. Most of the assets were later exchanged for ETH.
The incident involved assets spread across three networks and included both major cryptocurrencies and dollar-pegged tokens. The transfers involved newly created addresses, and the cause was suspected to be private-key exposure.
