Crypto Casino Platform MetaWin Hacked
On November 3, crypto casino platform MetaWin suffered a devastating exploit, leading to a theft of approximately $4 million
Hackers targeted MetaWin’s hot wallets on both the Ethereum and Solana blockchains, taking advantage of what CEO Richard “Skel” Skelhorn described as a “frictionless withdrawal system.” This system, designed to streamline the user experience, instead exposed a vulnerability that the attackers exploited to drain the platform’s assets.
In response, MetaWin quickly suspended all withdrawals to prevent further losses and reassured users that corrective action was underway. According to Skelhorn, the stolen funds were “topped off,” with the platform working hard to restore account balances. At the…