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COINTURK NEWS > NFT News > NFT Theft and the Stolen Assets
NFT News

NFT Theft and the Stolen Assets

In Brief

  • Following the surge in cryptocurrencies, the NFT sector also started to stir, with investors beginning to move their owned NFTs. Recently, however, suspicions of a massive NFT theft have dropped like a bombshell on the market.ContentsNFT Theft and What Was StolenCurrent Status of NFTs NFT Theft and What Was Stolen Over the past hour, it […]
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Following the surge in cryptocurrencies, the NFT sector also started to stir, with investors beginning to move their owned NFTs. Recently, however, suspicions of a massive NFT theft have dropped like a bombshell on the market.

Contents
NFT Theft and What Was StolenCurrent Status of NFTs

NFT Theft and What Was Stolen

Over the past hour, it is believed that dozens of NFTs have been stolen by a specific address. Suspicions regarding an attack on the NFT trading platform NFT Trader have shaken the market, and as can be seen below, the transfer of numerous blue-chip NFTs has been reflected on Etherscan.

An unidentified hacker (0x90…8fda) appears to have stolen NFTs valued at 1,080 ETH (approximately 2.4 million dollars today), including 37 Bored Ape Yacht Club NFTs, 13 Mutant Ape Yacht Club NFTs, 4 World OF Women, and 6 VeeFriends NFTs. On the NFT Trader side, there are statements urging users to revoke the platform’s authorization as soon as possible.

It is also worth mentioning that the thief has not yet made any transactions with the stolen NFTs. The fate of these NFTs may become clear in the coming hours or days. It will be beneficial for investors to be cautious during this period.

Current Status of NFTs

Following the rise in cryptocurrencies, NFTs have once again started to make headlines. Recently, projects created on the Solana (SOL) network have started to come to the forefront, being among the most anticipated. Nevertheless, Ethereum-based projects seem to be searching for their past peak periods.

The fact that the majority of the stolen NFTs in today’s transaction belong to the Bored Ape Yacht Club project, which is perhaps considered the best NFT project ever, indicates that even thieves still focus on older projects. Considering this context, it may not be wrong to think that a fully emerging bull period in the future could also reflect on NFTs.

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 16 December, 2023 - 4:55 pm 16 December, 2023 - 4:55 pm
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