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Topic: Duelbits.com | Casino & Sportsbook | VIP | Instant withdrawals! - page 56. (Read 116771 times)

sr. member
Activity: 2226
Merit: 254
Top-tier crypto casino and sportsbook
All sites that have a good level of security can also sometimes be hacked, not all loopholes can be closed perfectly and we never know what the hacker's motive is for taking the funds, I'm sure Duelbits will learn a lot from their mistakes, as long as they can still claim all the funds safe, all users should no longer need to worry about that and discuss this issue, because Duelbits continues to operate as usual and has not stopped their operations, so everyone can still gamble as usual.
Hackers will not have difficulty hacking large sites because they have different levels of expertise. Binance exchange is large and has a level of security that may be good, but for hackers it can be a bit difficult.
There are even large casino sites that have been successfully hacked, but here what is wanted is how much responsibility there is for player funds at these large casinos.

All sites can be hacked, no matter how safe they are. It is a game for these hackers to always try to hack sites no matter how secure they are. The good thing is that the user accounts were not touched and nobody lost any funds because of the hack.
hero member
Activity: 1540
Merit: 772
All sites that have a good level of security can also sometimes be hacked, not all loopholes can be closed perfectly and we never know what the hacker's motive is for taking the funds, I'm sure Duelbits will learn a lot from their mistakes, as long as they can still claim all the funds safe, all users should no longer need to worry about that and discuss this issue, because Duelbits continues to operate as usual and has not stopped their operations, so everyone can still gamble as usual.
Hackers will not have difficulty hacking large sites because they have different levels of expertise. Binance exchange is large and has a level of security that may be good, but for hackers it can be a bit difficult.
There are even large casino sites that have been successfully hacked, but here what is wanted is how much responsibility there is for player funds at these large casinos.
hero member
Activity: 2996
Merit: 808
They just have to draw up the lessons learnt as I'm sure they would have seen one or two things to do differently in order to prevent future reoccurrence.  I think there is no cause for alarm here and investors funds are safe.
All sites that have a good level of security can also sometimes be hacked, not all loopholes can be closed perfectly and we never know what the hacker's motive is for taking the funds, I'm sure Duelbits will learn a lot from their mistakes, as long as they can still claim all the funds safe, all users should no longer need to worry about that and discuss this issue, because Duelbits continues to operate as usual and has not stopped their operations, so everyone can still gamble as usual.

Absolutely. Even Binance which is the top exchange encounter multiple hack in the past despite they the most advanced security on their field. The reason why services like Duelbits with strong security still being hack is because is they are popular which means they are the common target by hacker.

The more popular the casino is means the more possible security breach it will encounter that’s why they need to frequently upgrade their security as time goes by. This kind of hack incident will make them more secure because they learn how to counter this threat to avoid it in the future.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
They just have to draw up the lessons learnt as I'm sure they would have seen one or two things to do differently in order to prevent future reoccurrence.  I think there is no cause for alarm here and investors funds are safe.
All sites that have a good level of security can also sometimes be hacked, not all loopholes can be closed perfectly and we never know what the hacker's motive is for taking the funds, I'm sure Duelbits will learn a lot from their mistakes, as long as they can still claim all the funds safe, all users should no longer need to worry about that and discuss this issue, because Duelbits continues to operate as usual and has not stopped their operations, so everyone can still gamble as usual.

Not only Duelbits, there are also big casinos that have been hacked too and they are still operating today, they assure all their users that all user funds are safe, I believe that every mistake made will form an even stronger security system in the future front so it is not easy to hack because it is important to protect users' money because trust is above them, the point is that everything is safe and everyone can still play on this site without any problems with their deposits and withdrawals. unless there is a problem that is complained about in this thread, of course it will be of concern to many people.
sr. member
Activity: 476
Merit: 307
We are talking about $4.6 million here, and they still continue their operation. That speaks to how liquid they are

To be fair, for a big platform like duelbits, the amount may just be pocket change for them lol so the no disruption was understandable since it wasn't big enough of a dent to them.

I hope they're exhausting all options when it comes to recovery though, since recovery of funds from hacks had a significant uptick last year. As of writing, the hacked funds hasn't move from 0x0428eefb47fb6ffb870c6b9608da4c72bc7645f5. Hopefully, they have alerted as many exchanges as they can. Bounty for the hacker to return the funds is worth a try as well.
The fact that Duebits operations is going on smoothly is a sign that Duelbits is huge and prepared for event like this. As we know, anything connected to the internet is prone to hacks, the ability to reduce it is what makes a company reputable. I'm confident that Duelbits will overcome this and come out stronger like it's already showing.

They just have to draw up the lessons learnt as I'm sure they would have seen one or two things to do differently in order to prevent future reoccurrence.  I think there is no cause for alarm here and investors funds are safe.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
This was posted on Duelbits Telegram and X accounts :
Quote
Dear Duelbits Community,

In response to the recent posts, we wish to assure everyone that all Duelbits customer funds and accounts are safe and secure.

Our ETH hot wallet recently experienced a security breach, resulting in the unauthorized withdrawal of a small amount of our ETH reserve (~1700 ETH).  We have alerted law enforcement and are working hard to address the situation.

However, we want to reassure the Duelbits community that the security of user accounts has not been compromised and remains our highest priority.

Despite this unfortunate incident, all our services continue to operate smoothly and without interruption.

Funds are Safu 😉

It’s a very unfortunate incident for Duelbits facing such a loss, to me 1700 ETH is a very big sum and still a big loss for my favorite casino. The good thing is players are not touched and nobody is facing any losses or breaches towards their accounts or wallets.

However, these cases seems to be avoidable since we have witnessed many similar cases with different casinos and crypto services. Is there a problem with the wallets and withdrawal system or it’s the security system that has many breaches where hackers uses and can’t be avoidable in any case?

I’m glad to see that many users didn’t even notice this which means nothing really is effected but still the team cleared things quickly and are dealing with the hacker to recover those funds and in worse scenarios it’s just a small loss and a notice to secure things more not just for Duelbits but all other crypto casinos.
No system can be said to be 100% secure, even if everything is done correctly and those in charge of the security of a website were completely sure there were no vulnerabilities at all.

As time passes new vulnerabilities that no one has heard about could be used in a zero-day attack and it could caught everyone by surprise, so measures to mitigate any possible breach on the security are also a must, and for what I can see it seems those worked very well and kept the lost money to a reasonable level.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
We are talking about $4.6 million here, and they still continue their operation. That speaks to how liquid they are

To be fair, for a big platform like duelbits, the amount may just be pocket change for them lol so the no disruption was understandable since it wasn't big enough of a dent to them.

I hope they're exhausting all options when it comes to recovery though, since recovery of funds from hacks had a significant uptick last year. As of writing, the hacked funds hasn't move from 0x0428eefb47fb6ffb870c6b9608da4c72bc7645f5. Hopefully, they have alerted as many exchanges as they can. Bounty for the hacker to return the funds is worth a try as well.
hero member
Activity: 1218
Merit: 563
🇵🇭
Just another hacking incident that didn't cause panic among people. The last similar incident I recall was the Binance hack where no users were affected. I hope all casinos have this kind of assurance that whatever happens to the site will not impact the funds of its users. Unfortunately, only a few have very liquid operations; some may even use the hack as an excuse to steal funds from users. However, Duelbits has proven they are here to stay no matter what.

I will not be surprised that Duelbits doesn’t bother by this hack situation on their site since they are spending huge amount of money even bigger to hack amount for funding the signature campaign here in the forum. Duelbits is known for being professional on handling all issue with their operations including the cases here in the forum.

I believe only Duelbits and Stake are the only popular casino nowadays that experience big time hack but never affects their operations because of their good approach on dealing with the situation. Kudos to Duelbits management!
sr. member
Activity: 1022
Merit: 363
But what good thing there Duelbits assured that there's no funds from costumer has been compromised and they make sure that they are fine so for sure gamblers now can get back on what they are doing. If this case happen to other casino then provably we can see them hurt so bad by the incident happened. Also if many users didn't notice it and they just know this news when duelbits post a information regarding on what happen it means that they are truly safe and Duelbits management are so transparent regarding on unfortunate event happen to them.
Just another hacking incident that didn't cause panic among people. The last similar incident I recall was the Binance hack where no users were affected. I hope all casinos have this kind of assurance that whatever happens to the site will not impact the funds of its users. Unfortunately, only a few have very liquid operations; some may even use the hack as an excuse to steal funds from users. However, Duelbits has proven they are here to stay no matter what.

They stop the fire while it didn't scattered yet and Duelbits representative became transparent regarding on what recently happen to them so maybe that is the reason why there's a lot of people still confident on their safety also they make sure that the funds of their costumer is safe. So the result we don't see any people get panic or posting some negative on recent hack happened to them.

Binance hacking create big noise but also they manage to regain back the confidence of people that's why many people are still using that exchange despite of what happened to them. Also for sure this hacking will give plus points for duelbits since for what happen people know that they are a safe casino to gamble.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
But what good thing there Duelbits assured that there's no funds from costumer has been compromised and they make sure that they are fine so for sure gamblers now can get back on what they are doing. If this case happen to other casino then provably we can see them hurt so bad by the incident happened. Also if many users didn't notice it and they just know this news when duelbits post a information regarding on what happen it means that they are truly safe and Duelbits management are so transparent regarding on unfortunate event happen to them.
Just another hacking incident that didn't cause panic among people. The last similar incident I recall was the Binance hack where no users were affected. I hope all casinos have this kind of assurance that whatever happens to the site will not impact the funds of its users. Unfortunately, only a few have very liquid operations; some may even use the hack as an excuse to steal funds from users. However, Duelbits has proven they are here to stay no matter what.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
Honestly, we will never be informed about this issue if they didn’t make an announcement unlike what happened to Stake hack that was find out by 3rd party that’s why it’s spread like a wild fire on the social media.

This case was actually posted by third parties--security firms-- too hence the "In response to the recent posts" by duelbits

First one seems to be Cyvers at Feb 13, 2024: https://twitter.com/CyversAlerts/status/1757478985561206945
Then CertiK several hours after: https://twitter.com/CertiKAlert/status/1757681640384381238

But unlike stake.com, duelbits did not halt their withdrawals even for a couple of hours so it did not create that much buzz. Also stuff like popularity, the hacked amount, reposts from popular media outlets/account played a part as well.

Maaaan, smooth operation with no interruption is seriously a huge plus PR wise lol since it saves your players from anxiety.

We are talking about $4.6 million here, and they still continue their operation. That speaks to how liquid they are and how much they value their reputation. With this incident, I'm sure they'll improve their system, and gamblers' confidence will be boosted since they aren't disrupted by this hack. Letting us know is another way of being honest with its gamblers, but the good news is that no accounts were compromised, and business goes on as usual.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
Damn that really is a massive loss but good they assure that all funds are safe. If this would have happened to a newer and smaller casino they would probably go bankrupt because of the hack. Hopefully Duelbits can recover from it.
Yes, fortunately Duelbits is a large casino so I think they still have enough funds for it and have confirmed that users' money is safe, at least that is convincing enough for all users, 1700 ETH with a value which is currently quite high for me but the Stake site is rumored much higher than this, even so all casinos will never feel safe and also that perfect because there may always be mistakes made unknowingly, I also don't want to know many of the problems but they have explained it to the public and its users that is good enough.

Small casinos may close because they go bankrupt without providing any information, most of them don't have enough money to replace lost user money so it's not surprising that new casinos often close in the end, I don't think it's just because of financial problems, but there are things that Others might miss out like this, but this can be a lesson to be better in the future, Duelbits will definitely anticipate this in the future so they don't miss out again. I hope problems like this don't reduce users' interest in trust.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
Honestly, we will never be informed about this issue if they didn’t make an announcement unlike what happened to Stake hack that was find out by 3rd party that’s why it’s spread like a wild fire on the social media.

This case was actually posted by third parties--security firms-- too hence the "In response to the recent posts" by duelbits

First one seems to be Cyvers at Feb 13, 2024: https://twitter.com/CyversAlerts/status/1757478985561206945
Then CertiK several hours after: https://twitter.com/CertiKAlert/status/1757681640384381238

But unlike stake.com, duelbits did not halt their withdrawals even for a couple of hours so it did not create that much buzz. Also stuff like popularity, the hacked amount, reposts from popular media outlets/account played a part as well.

Maaaan, smooth operation with no interruption is seriously a huge plus PR wise lol since it saves your players from anxiety.
hero member
Activity: 2520
Merit: 783
This was posted on Duelbits Telegram and X accounts :
Quote
Dear Duelbits Community,

In response to the recent posts, we wish to assure everyone that all Duelbits customer funds and accounts are safe and secure.

Our ETH hot wallet recently experienced a security breach, resulting in the unauthorized withdrawal of a small amount of our ETH reserve (~1700 ETH).  We have alerted law enforcement and are working hard to address the situation.

However, we want to reassure the Duelbits community that the security of user accounts has not been compromised and remains our highest priority.

Despite this unfortunate incident, all our services continue to operate smoothly and without interruption.

Funds are Safu 😉

It’s a very unfortunate incident for Duelbits facing such a loss, to me 1700 ETH is a very big sum and still a big loss for my favorite casino. The good thing is players are not touched and nobody is facing any losses or breaches towards their accounts or wallets.

However, these cases seems to be avoidable since we have witnessed many similar cases with different casinos and crypto services. Is there a problem with the wallets and withdrawal system or it’s the security system that has many breaches where hackers uses and can’t be avoidable in any case?

I’m glad to see that many users didn’t even notice this which means nothing really is effected but still the team cleared things quickly and are dealing with the hacker to recover those funds and in worse scenarios it’s just a small loss and a notice to secure things more not just for Duelbits but all other crypto casinos.

I think they won't find out and avoid cases like this if there's no incident like this will happen that's why there are hackers can still penetrate even if we think the platform is safe. Hackers at the moment is so innovative and they always find ways to penetrate on the system.

But what good thing there Duelbits assured that there's no funds from costumer has been compromised and they make sure that they are fine so for sure gamblers now can get back on what they are doing. If this case happen to other casino then provably we can see them hurt so bad by the incident happened. Also if many users didn't notice it and they just know this news when duelbits post a information regarding on what happen it means that they are truly safe and Duelbits management are so transparent regarding on unfortunate event happen to them.
sr. member
Activity: 2226
Merit: 254
Top-tier crypto casino and sportsbook
Damn that really is a massive loss but good they assure that all funds are safe. If this would have happened to a newer and smaller casino they would probably go bankrupt because of the hack. Hopefully Duelbits can recover from it.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
I’m glad to see that many users didn’t even notice this which means nothing really is effected but still the team cleared things quickly and are dealing with the hacker to recover those funds and in worse scenarios it’s just a small loss and a notice to secure things more not just for Duelbits but all other crypto casinos.
This sort of stuff happens all the time with crypto gambling sites sadly which will probably never change thanks to endless hackers out there.

I always thought that exchanges were the preferred victims of hackers, this is because every 3 years I have always seen news about cases of hacker attacks with exchanges as targets, these are news published on many news channels, perhaps because I was just used to it I read news sites related to cryptocurrencies that only talked about cases of hackers who managed to steal money from exchanges, so I thought that these cases were not common in casinos, but today I see that I was very wrong. I hope that casinos are always very cautious when dealing with money so that they avoid being targets of these hackers who are unforgiving when they attack and show no regrets when they steal money

There are few cases in which these thieves are caught by the police, probably because it is very difficult to catch these thieves that they are more willing to continue with criminal activities carried out by them. the difference between casinos and exchanges is that casinos make a lot of money from customer losses and most casino customers are asking, so if a casino is targeted by hackers and money is stolen, I believe the casino will recover quickly , while in the case of exchanges, as they make money from fees charged on each purchase and sale, they take longer to recover and may not even recover.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
This was posted on Duelbits Telegram and X accounts :
Quote
Dear Duelbits Community,

In response to the recent posts, we wish to assure everyone that all Duelbits customer funds and accounts are safe and secure.

Our ETH hot wallet recently experienced a security breach, resulting in the unauthorized withdrawal of a small amount of our ETH reserve (~1700 ETH).  We have alerted law enforcement and are working hard to address the situation.

However, we want to reassure the Duelbits community that the security of user accounts has not been compromised and remains our highest priority.

Despite this unfortunate incident, all our services continue to operate smoothly and without interruption.

Funds are Safu 😉

It’s a very unfortunate incident for Duelbits facing such a loss, to me 1700 ETH is a very big sum and still a big loss for my favorite casino. The good thing is players are not touched and nobody is facing any losses or breaches towards their accounts or wallets.

However, these cases seems to be avoidable since we have witnessed many similar cases with different casinos and crypto services. Is there a problem with the wallets and withdrawal system or it’s the security system that has many breaches where hackers uses and can’t be avoidable in any case?

I’m glad to see that many users didn’t even notice this which means nothing really is effected but still the team cleared things quickly and are dealing with the hacker to recover those funds and in worse scenarios it’s just a small loss and a notice to secure things more not just for Duelbits but all other crypto casinos.

This level of transparency makes Duelbits more reputable than ever. As you already mention, players don’t notice this while Duelbits can just hide it to avoid panic to players yet they still decided to become transparent on the issue and assure everything is fine. Although that amount is huge but we all know that Duelbits usually provide larger than that amount on their giveaways which means they can easily recover it as long as there’s still a lot of players trusting the brand.

Honestly, we will never be informed about this issue if they didn’t make an announcement unlike what happened to Stake hack that was find out by 3rd party that’s why it’s spread like a wild fire on the social media.

Well this is something that we cannot easily deduce, as long as we are seeing these types of cases and it is good that they release it to the community so that they can see that when you are in a very transparent casino things are very accurate in showing how What happened, obviously there are vulnerabilities in the places, that some do them to steal, which is not the right thing to do, but even so this casino did not close its doors or anything like that, they just took and told the information and that's it, too The authorities were able to alert them and let's see what they come up with, if the authorities are everything they have promised, then they can make sure that they return that money, a challenge because it will be a sign that the authorities and the government will not do anything even if we have our data In the casinos, that's how it is, however I find what happened very sad, because obtaining money fraudulently will never be a good thing, in fact the people who do this are condemned.

But the act of having participated seems very good to me, because we as clients, as players who sometimes go and approach the site because we need to know these types of things to be able to do things well and know more about which casinos to always trust , this is something we should see, well with respect to sstake.com it is always like that, they can turn everything into a gunshot, but even so the casio was very emphatic, they closed for a few hours and then they continued working What happened is that stake.com is a much larger casino with many more players and they had to protect people's funds very well, that is something we must understand, however they said, they declared about the theft and they put us on alert, this is something that should not be denied, they also participated in it.

As these casinos and as there are many exchanges, we must know very well that we are in an environment where this can happen and nothing is certain.
hero member
Activity: 1484
Merit: 597
Bitcoin makes the world go 🔃
This was posted on Duelbits Telegram and X accounts :
Quote
Dear Duelbits Community,

In response to the recent posts, we wish to assure everyone that all Duelbits customer funds and accounts are safe and secure.

Our ETH hot wallet recently experienced a security breach, resulting in the unauthorized withdrawal of a small amount of our ETH reserve (~1700 ETH).  We have alerted law enforcement and are working hard to address the situation.

However, we want to reassure the Duelbits community that the security of user accounts has not been compromised and remains our highest priority.

Despite this unfortunate incident, all our services continue to operate smoothly and without interruption.

Funds are Safu 😉

It’s a very unfortunate incident for Duelbits facing such a loss, to me 1700 ETH is a very big sum and still a big loss for my favorite casino. The good thing is players are not touched and nobody is facing any losses or breaches towards their accounts or wallets.

However, these cases seems to be avoidable since we have witnessed many similar cases with different casinos and crypto services. Is there a problem with the wallets and withdrawal system or it’s the security system that has many breaches where hackers uses and can’t be avoidable in any case?

I’m glad to see that many users didn’t even notice this which means nothing really is effected but still the team cleared things quickly and are dealing with the hacker to recover those funds and in worse scenarios it’s just a small loss and a notice to secure things more not just for Duelbits but all other crypto casinos.

This level of transparency makes Duelbits more reputable than ever. As you already mention, players don’t notice this while Duelbits can just hide it to avoid panic to players yet they still decided to become transparent on the issue and assure everything is fine. Although that amount is huge but we all know that Duelbits usually provide larger than that amount on their giveaways which means they can easily recover it as long as there’s still a lot of players trusting the brand.

Honestly, we will never be informed about this issue if they didn’t make an announcement unlike what happened to Stake hack that was find out by 3rd party that’s why it’s spread like a wild fire on the social media.
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
I'm not sure what is the level of complexity to make it happen but maybe it's even less complex than sports betting where you have lots of odds changing all the time and way more risk for the house.
what do you think?
I don't think it's less risky for the house though because these markets are also very unpredictable. For example, very few expected Trump to win against Clinton, but it happened and stunned many people.


the house has both sides of the bet, it's probably harder to extract value from a market like political betting than from soccer and other sports because with sports the odds and outcomes vary often and vary a lot.



This was posted on Duelbits Telegram and X accounts :
Quote
Dear Duelbits Community,

In response to the recent posts, we wish to assure everyone that all Duelbits customer funds and accounts are safe and secure.

Our ETH hot wallet recently experienced a security breach, resulting in the unauthorized withdrawal of a small amount of our ETH reserve (~1700 ETH).  We have alerted law enforcement and are working hard to address the situation.

However, we want to reassure the Duelbits community that the security of user accounts has not been compromised and remains our highest priority.

Despite this unfortunate incident, all our services continue to operate smoothly and without interruption.

Funds are Safu 😉

It’s a very unfortunate incident for Duelbits facing such a loss, to me 1700 ETH is a very big sum and still a big loss for my favorite casino. The good thing is players are not touched and nobody is facing any losses or breaches towards their accounts or wallets.

However, these cases seems to be avoidable since we have witnessed many similar cases with different casinos and crypto services. Is there a problem with the wallets and withdrawal system or it’s the security system that has many breaches where hackers uses and can’t be avoidable in any case?

I’m glad to see that many users didn’t even notice this which means nothing really is effected but still the team cleared things quickly and are dealing with the hacker to recover those funds and in worse scenarios it’s just a small loss and a notice to secure things more not just for Duelbits but all other crypto casinos.

for the general user 1700 eth could be more than they'll ever see in life but for a company it's not
they also published their new hot wallet
0x014435B1E39945CF4f5F0c3cbb5833195A95CC9B

a post-mortem would be good, knowing how the hot wallet was compromised if due to an attack or due to inside job
full member
Activity: 1106
Merit: 150
Hire Bitcointalk Camp. Manager @ r7promotions.com
I'm not sure what is the level of complexity to make it happen but maybe it's even less complex than sports betting where you have lots of odds changing all the time and way more risk for the house.
what do you think?
I don't think it's less risky for the house though because these markets are also very unpredictable. For example, very few expected Trump to win against Clinton, but it happened and stunned many people.

I’m glad to see that many users didn’t even notice this which means nothing really is effected but still the team cleared things quickly and are dealing with the hacker to recover those funds and in worse scenarios it’s just a small loss and a notice to secure things more not just for Duelbits but all other crypto casinos.
This sort of stuff happens all the time with crypto gambling sites sadly which will probably never change thanks to endless hackers out there.
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