Unknown people attacked the old smart contracts of the P2P platform NFT Trader and withdrew non-fungible tokens. The project team confirmed the incident.
See more
🚨🚨We’ve suffered an attack on old smart contracts, please remove the delegation using to the following addresses:
-0xc310e760778ecbca4c65b6c559874757a4c4ece0
-0x13d8faF4A690f5AE52E2D2C52938d1167057B9af— NFT Trader (@NftTrader) December 16, 2023
Revoke Cash specialists estimated the losses at approximately $3 million. Most of the damage was made up of NFTs from the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) collections.
See more
Statement from NFT Trader:
Looks like losses are close to $3M, mostly Bored Apes and Mutant Apes.https://t.co/DRSKcawa7n
— Revoke.cash (@RevokeCash) December 16, 2023
Later unknown reported about readiness to return stolen NFTs for a 10% reward. According to him, the original hacker was another user.
“I am a good person. These NFTs are worth enough to live freely, but I don’t care. I prefer to collect leftover trash. […] If you want the NFT back, pay me the reward I deserve,” he wrote.
After this, Boring Security DAO reported the return of 36 BAYC and 18 MAYC. Those affected by the hack will receive their tokens back for free. The team paid 10% of the cost for them.
See more
All 36 BAYC and 18 MAYC that the exploiter had are now in our possession.
We sent her 10% of the floor price of the collections as bounty. We will be working with the affected victims getting them back to them free of charge.
Right after this coffee break…
Victims please…
— Boring Security (@BoringSecDAO) December 17, 2023
Previously, the US District Court ordered the creators of the “fake” BAYC to pay compensation to Yuga Labs in the amount of $1.6 million.
Recall that in October, the studio behind the popular NFT collections announced that it would cut staff and focus on the Otherside metaverse.
In July, the rare NFT BAYC #3953 was sold for 200 ETH (~$372,000 at the time of the transaction), which is much less than its peak.
In August, NFT BAYC #8585 was purchased for a record low of 153 ETH (about $254,000). The asset lost 80% in price in 11 months.
Subscribe to ForkLog on social networks
Found an error in the text? Select it and press CTRL+ENTER
ForkLog newsletters: keep your finger on the pulse of the Bitcoin industry!
2023-12-17 10:08:54
#NFT #Trader #lost #million #result #hacking #ForkLog
