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COINTURK NEWS > Cryptocurrency Security > NFPrompt Altcoin Project Targeted by Hackers
Cryptocurrency Security

NFPrompt Altcoin Project Targeted by Hackers

In Brief

  • NFPrompt altcoin project suffers a major hack.

  • Team responds quickly, informs exchanges, and freezes funds.

  • Security firms and FBI engaged to track hackers.

COINTURK NEWS
COINTURK NEWS 1 year ago
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The altcoin project NFPrompt (NFP), announced as the 41st Launchpool of Binance, has been the target of a comprehensive hack attack. The NFPrompt team shared details of the hack on their official X account, providing information about the measures taken and planned to be taken.

Contents
Details of the Hack Attack Targeting NFPromptCollaboration with SlowMist and Chainalysis, FBI Informed

Details of the Hack Attack Targeting NFPrompt

In the announcement made by the NFPrompt team on their official X account, they revealed that a group of hackers targeted various wallet addresses, including those belonging to NFP’s contract administrators.

The hackers managed to illegally access the funds of the victims, including parts of NFP’s treasury and ecosystem fund. The team did not disclose the amount of funds stolen by the hackers.

In response to the hack attack, the NFPrompt team acted quickly to protect their users and assets, including transferring all smart contract ownerships to new wallet addresses. Moreover, major centralized exchanges (CEXs) have been informed to freeze all funds under the control of the hackers. The team has requested the cooperation of CEXs to temporarily suspend deposit transactions during the investigation, and has asked decentralized exchanges (DEXs) to halt all liquidity pools containing NFP tokens as a precaution.

NFPrompt advised users not to accept NFP from untrusted sources until the next announcement, noting that NFP tokens associated with the hackers would be flagged.

As expected, following the official announcement of the hack, the price of NFP plummeted sharply. According to current data, the altcoin’s price has fallen by 14.82% in the last 24 hours, trading at $0.7768.

Collaboration with SlowMist and Chainalysis, FBI Informed

As part of the security measures, the NFPrompt team announced that they have started working with leading Web3 security companies, including SlowMist and Chainalysis, to monitor the hackers’ activities on the chain and identify them. Additionally, the FBI has been informed to assist in capturing the hackers.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 15 March, 2024 - 12:06 pm 15 March, 2024 - 12:06 pm
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