Gamdom Halts Operations After Multimillion-Dollar Hot-Wallet Breach
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Gamdom shut down operations after an Oct. 13 hot-wallet attack, with founder Felix Romer reporting losses above $3 million and independent analysis estimating $4.2 million.
Crypto casino and sportsbook Gamdom suspended operations following a hot-wallet breach on Oct. 13. Founder Felix Romer said the platform lost more than $3 million, according to Bitcoin.com News.
Independent blockchain analysis put the estimated loss at about $4.2 million, higher than the amount reported by Romer.
The breach involved unauthorized access to an automation server. Gamdom responded by taking its operations offline and moving its remaining assets to cold storage.
Source: Bitcoin.com News
