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Duelbits Hack Converts Most Of $7M Crypto Haul Into Ethereum

Duelbits Hack Converts Most Of $7M Crypto Haul Into Ethereum

Duelbits went offline after attackers drained about $7 million from hot wallets across four blockchains, with most stolen assets later converted to Ethereum (ETH).

Key Points:

  • Duelbits confirmed a roughly $7 million hot-wallet breach and said customer funds remain safe while its site is offline.
  • Scam Sniffer traced suspicious transfers across Ethereum, BNB Chain, Tron and Bitcoin (BTC), while the exact entry point remains under investigation.
  • Most stolen assets were swapped into ETH and consolidated into one address holding about 2,234 ETH, worth roughly $6 million.

Ethereum Wallet Breach

Scam Sniffer first flagged unusual transfers from Duelbits hot wallets on Ethereum, BNB Chain and Tron, then reported that another wallet lost 8.1…

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