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You Can Start Farming MEMEFI and Get up-to 200M points before Airdrop
#HamsterKombat
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METAWIN LOSES $4 MILLION IN HACK TARGETING ETHEREUM AND SOLANA HOT WALLETS Crypto casino Metawin was hacked, losing $4 million from its Ethereum and Solana hot wallets. The attacker exploited Metawin’s “frictionless withdrawal system,” according to CEO Richard Skelhorn. ZachXBT, a blockchain analyst, tracked 115 addresses linked to the exploit, with stolen funds routed to KuCoin and HitBTC. Skelhorn stated that Metawin has replenished the lost funds, resumed withdrawals, and contacted authorities. In a message on Discord, he assured users, “We’re not gonna dwell on it,” noting he personally covered the hack. Source: The Block & Mario Nawfal
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OCTOBER’S CRYPTO HACKS, EXIT SCAMS LEAD TO $129M IN LOSSES In October 2024, losses from crypto security breaches reached $129.6 million, largely due to hacks and exit scams. According to CertiK, the top incidents were the $50 million hack of Radiant Capital and a $36 million phishing exploit targeting a whale. Radiant Capital paused its services after hackers accessed core developers’ devices through malware. Crypto exchange M2 also suffered a $13.7 million hack, impacting its BTC, ETH, and SOL assets. This month’s losses marked a slight 2.91% rise from September but were notably down from May’s peak. CertiK highlighted October’s increase as part of ongoing risks in the sector. Source: Cointelegraph & Mario Nawfal
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