Post
Topic
Board Gambling
Re: Metawin got hacked, $4 million stolen
by
Synchronice
on 04/11/2024, 11:46:36 UTC
Check their discord announcement for updates. Everything is fine now though.

Good to hear that everything is fine now. If something like this happened to other casinos without enough capital, it could mean the end of the road for them. This hack has shown that Metawin is financially stable enough to continue operations without any disruptions. Could they be considered the Binance of the crypto gambling industry? #SAFU  Cheesy
If 4 Million loss is enough to destroy any casino, then they shouldn't be in this business. $4 Million is an amount of money that can be won by a single player in a good case. People wager millions of dollars every day, such a loss is not a significant loss for the casino.

Though Metawin is financially stable but still it is concerning for their security system. I don't know either they will get the previous place to the players or players will confuse about using Metawin. Hope they will be able to gain the previous trust of the players.
Stake got hacked too. Apple got hacked, Amazon got hacked, check recent exploit of Windows, every company gets hacked here and there, that's inevitable because there are always loopholes in the code or some people are dumb enough to become a victim of social engineering but it worth to say that social engineering has stepped up with the help of AI Deepfake.

According to the article Cointelegraph published, they already identified 115 wallet addresses, some of them tied to some centralized exchanges like Kucoin. So, there is a chance that they can contact the exchanges and request to freeze those accounts. Actually, the media reports help them a lot in such cases.
I hope exchanges will froze stolen assets and Metawin will get back lost 4 million dollars.

If Metawin recovers 4 million dollars but then does a giveaway for their users, that will be amazing. I think, we should expect that from their owner Cheesy