Metawin Casino, a crypto platform, had $4 million worth of Ethereum and Solana assets stolen from its hot wallets. The attackers exploited the platform’s frictionless payout system to repeatedly issue payout requests, bypassing security checks. Metawin Casino has temporarily halted payments to analyze the attack and compensate affected users.
The incident highlights the security risks of hot wallets and the need for crypto platforms to consider using cold wallets to reduce the risk of hack attacks.
