Casino robbery: decentralized application EOSBet hacked. Losses have exceeded $ 200,000

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2018-09-17 15:45:07

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Casino robbery: decentralized application EOSBet hacked. Losses have exceeded $ 200,000 Source:

The Players of decentralized casino on the blockchain suffered huge losses due to vulnerabilities in smartcontract application. Using the flaw, hackers managed to steal thousands of coins worth more than $ 200,000. About it writes .

How hackers are stealing cryptocurrency

Immediately after the incident, the developers EOSBet were forced to suspend the operation of the casino to eliminate the consequences of a hacker attack.

A Few hours ago found the platform under attack, we lost about 40 000 EOS. A bug in smartcontract was critical, we still find out all the details of the incident.

Representatives EOSBet added that the platform will resume its work «relatively quickly».

Allegedly, the hackers were able to breach the code one of the casino games. They changed the value of the function of transfer of funds by creating a fake hash. The first attack was noticed by one of the users of the community EOSBet on Reddit. He published a piece of code that was used for hacker attacks.

Fraudsters also managed to play on human credulity — they've created an account, very similar to the official account EOSBet, the combination eosbetdice11 was replaced by eosbetdicell. Then the fake address, the hackers sent to the address of the attacker posts the following character.

Please return all the stolen coins EOS. Otherwise we hire a team of lawyers from China to start a criminal investigation.

Then account eosbetdicell sent a few coins to players with a proposal for repayment.

Dear players, to compensate for your losses after a hacker attack platform has launched a program of refund. For each EOS, you will receive one token BET.

Although this time the losses were not so large, this attack is very similar to hacking DAO. Then the hackers also took advantage of a vulnerability in smartcontract and stole millions of dollars from defrauded investors.

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