🚨 In November 2024, a hack at online casino MetaWin resulted in the theft of $4 million in #crypto 🥷 The attacker exploited a vulnerability in the platform’s “frictionless withdrawal system” to drain the funds 💸 Learn more about the incident 👇 https://t.co/owde0WNALd
#CertiKInsight 🚨 The @Meta_Winners exploiter has transferred 331 ETH (~$800k) to different wallets. The ETH was sent in batches of 13, 19, and 21 ETH. Metawin was attacked on November 3rd and suffered a loss of ~$4M. https://t.co/bk9TrrNBY8
ERC20.approve() - a mistake that nets thieves $20M a month today https://t.co/kfbMfWu3Vh

On November 3, 2024, the online crypto casino Metawin suffered a significant security breach, resulting in the theft of over $4 million. The attack targeted the platform's hot wallets, specifically exploiting vulnerabilities in its withdrawal system, which allowed the attacker to drain funds from both Ethereum and Solana wallets. Following the incident, it was reported that the exploiter transferred approximately 331 ETH, valued at around $800,000, to various wallets in multiple transactions. This incident highlights ongoing security concerns within the cryptocurrency sector, particularly regarding the management of hot wallets and withdrawal systems.
