MetaWin Crypto Casino Hacked, $4 Million Stolen
In the report provided by blockchain analyst ZachXBT, the stolen funds were traced back to over 115 addresses of the hacker, followed by successive transfers onto nested services on crypto exchanges Kucoin and HitBTC
MetaWin crypto casino lost over $4 million after attackers exploited its “frictionless withdrawal system” on Ethereum and Solana.
MetaWin CEO confirmed the hack and temporarily halted withdrawals, later restoring access for 95% of users.
MetaWin crypto casino suffered a severe security breach today, wherein attackers walked away with over $4 million by exploiting its Ethereum and Solana hot wallets.
In the report provided by blockchain analyst ZachXBT, the stolen funds were traced back to over 115 addresses of the hacker, followed by successive transfers onto nested services on crypto exchanges Kucoin and HitBTC.
MetaWin CEO Richard Skelhorn confirmed the attack, citing that the attacker manipulated the platform’s “frictionless withdrawal system.” The vulnerability let the unauthorized access of MetaWin’s hot wallets, prompting them to immediately halt withdrawals.
At the time of his announcement, Skelhorn said 95% of all withdrawal services had been restored, minimizing an immediate impact to the end-users. To this date, there is no information about who the hacker is and what his motives might have been.
