Over $11M Lost in Crypto Hacks Targeting Payy Network, Duelbits, and Meter

• •Three crypto projects lost over $11M in a single day due to hacking incidents.
• •Payy Network halted operations after $1.83 million was stolen via an Ethereum rollup exploit.
• •Duelbits reported losses of around $7 million, likely from a compromised private key.

On September 24, 2026, three cryptocurrency projects were hacked, resulting in losses exceeding $11 million. Payy Network reported a theft of $1.83 million in USDC due to an exploit in its Ethereum rollup contract. The attacker used a malicious transaction to drain funds and laundered them through the Railgun privacy protocol. Duelbits, a gambling platform, suffered losses of approximately $7 million, likely due to a compromised private key. Meter.io experienced an attack where the hacker minted $2.3 million in unbacked tokens by exploiting a flaw in block verification. The incidents affected various crypto infrastructures, including bridges and private keys. Payy Network has suspended operations and has not disclosed a timeline for resuming services. The attacks coincide with a larger incident involving Bitget, which reported unauthorized asset transfers totaling $351.6 million.