Bitcoin Online Gambling Site Hacked for $1 000 000

Primedice.com, a Bitcoin gambling site now offers a reward to anyone who can help them retrieve the lost funds. The player Hufflepuff  has been abusing the system by betting $ 8000 every second for hours and beating the house edge. By the time the site noticed the security breach, the hacker had already withdrawn about one million dollars in Bitcoins. As the nature of Bitcoin assumes total anonymity of the account holder, the casino did not have any instruments for reversing the transactions.

Currently, there are 14 brands in the KeyToCasino database that accept Bitcoin deposits. Most of them allow US players to register.