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Another Gambling App On The EOs Blockchain Hacked, Hackers Steal 6,000 EOS Tokens So Far
Another Gambling App On The EOs Blockchain Hacked, Hackers Steal 6,000 EOS Tokens So Far
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Another Gambling App On The EOs Blockchain Hacked, Hackers Steal 6,000 EOS Tokens So Far

Another EOS gambling app has been hacked. This time the hacker has gotten away with an estimated 6,000 EOS tokens so far.

According to the reports from the PeckShield’s blockchain network surveillance and risk control platform DAppShield, a gambling App which goes by the name of SKR, running on the EOS network has been hacked.

The hackers are reported to have employed the game server to parse the parameter required to win.

Last month, the security of blockchain-based gambling platform EOSPlay was compromised and a hacker managed to get away with digital tokens worth $100,000.

EOSPlay is also amongst the world’s leading blockchain-based crypto gaming platform with a daily volume of over $314,000. Statistically speaking it is the 8th most popular gambling dApp (Decentralized Application).

According to the reports, the hacker made good of a bug in the game which allowed him to steal 30,000 EOS tokens through the EOS REX service.

Gambling on blockchain-based platforms has its own risk. A recent report blames the Ethereum-based gambling platform FAIRWIN of running a scam.

Moreover, the blockchain-based gambling networks are infested with fake accounts and which are bot-driven. A recent study by analytics startup AnChain reveals that about 31% of the accounts on the top ten gambling-related Dapps on Tron’s network were bot-driven. Moreover, about 19 percent of transactions were also controlled by bots.

The firm surveyed TRON’s top ten gambling dApps during the Q1 of 2019. It estimated that about $270 million of dApp volume is operated by bots.

About the author

Utsav Kumar

Utsav Kumar

With a masters in literature and passionate about evolving technologies, Utsav has been covering the latest from the world of Blockchain, Artificial Intelligence, and AR for several online and print publications. He strongly believes that these evolving technologies have immense potentials to redefine existing online gambling infrastructures and can dramatically improve standards of customer protection. Utsav covers mostly compliance updates and other latest technical developments that impact the global casino and gambling industry. He can be reached out at [email protected]

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