Crypto casino Metawin got hit by hackers, losing over $4 million in crypto. The hackers targeted the casino’s withdrawal system, stealing a bunch of SOL and ETH.
The casino quickly shut down withdrawals, but they’re back online now. They say 95% of users can access withdrawals again.
This is just the latest in a string of crypto hacks. October was a particularly bad month, with over $88 million stolen in 20 different hacks.
One of the biggest hacks hit Radiant Capital, losing $53 million. The hackers used a clever trick to move the stolen money to Ethereum, making it hard to track.
Another big hack hit a US government wallet, stealing $20 million.
The hackers returned most of the money, but $700,000 is still missing.
These hacks are a serious problem for the crypto industry. So far this year, hackers have stolen over $1.7 billion in crypto. That’s a huge increase from last year.
Crypto developers need to step up their security game. These hacks are costing everyone a lot of money, and it’s only going to get worse if they don’t do something about it. /p>