cc.Link
  • Home
  • News
  • NFT
  • Videos/Tips
  • Mining
    • How to Mine Bitcoin
    • Top Mining Software
    • Mining Articles
  • Tools
    • Live Crypto
    • Free Wallet
  • Live
  • Marketplace
  • Contact us
No Result
View All Result
cc.Link
  • Home
  • News
  • NFT
  • Videos/Tips
  • Mining
    • How to Mine Bitcoin
    • Top Mining Software
    • Mining Articles
  • Tools
    • Live Crypto
    • Free Wallet
  • Live
  • Marketplace
  • Contact us
No Result
View All Result
cc.Link
No Result
View All Result
Home NFT

OpenSea Freezes 16 NFTs Worth $2.2 Million Following Phishing Scam

ccLink by ccLink
January 3, 2022
in NFT
0
OpenSea Freezes 16 NFTs Worth $2.2 Million Following Phishing Scam
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

A Bored Ape collector’s NFTs have actually been taken in a phishing attack, triggering leading NFT market OpenSea to action in and freeze the possessions on its website as some neighborhood members attempted to get them back.

On December 30, an NFT collector was the victim of an effective phishing attack which led the hacker to a collection of Bored Ape Yacht Club (BAYC) and other NFTs worth an approximated US$ 2.2 million:

@NFTX_ these apes and mutants have actually been taken and flagged on @opensea please get rid of from your liquidiry swimming pool
Ape 2771
Ape 6416
Ape 1623
Ape 1708
Ape 8214
Ape 7528
Ape 9988
Ape 9410

Mutants 25057
Mutant 11177
Mutant 28752
Mutant 24718
Mutant 2436
Mutant 9278
Mutant 2434

— toddkramer.eth (@toddkramer1) December 30, 2021

Collector Todd Kramer, who runs the Ross Kramer art gallery in New York and East Hampton, exposed in a series of tweets that he was hacked after clicking a harmful link fronting as a Dapp. The attack led to him losing 16 of his NFTs, with Kramer mentioning in a now erased tweet: “I have actually been hacked. […] all my apes gone. [T] his simply offered [referring to his profile picture] please assist me”, even more pleading with the OpenSea and NFT neighborhood to help in any method.

BAYC has actually been among the most effective NFT tasks up until now, with celebs consisting of talkshow host Jimmy Fallon and rap artist Eminem likewise owning a couple of. Far, almost US$ 1 billion has actually been invested on trading Bored Ape Yacht Club NFTs.

Community Works to Return Stolen NFTs

Some purchasers discovered the activity doubtful as these NFTs were being cost portions of their worth and had actually been flagged as suspicious by the market:

Yo can somone inform me what took place. I put in lowball deals on around 30 various #BAYC apes the other day, and tonight I awakened to somebody selling to me for 82 WETH, however the deal is flagged as suspicious activity. WTF??? https://t.co/fQobv4Kdql

— NFT Kenny Powers (@nftKennyPowers) December 30, 2021

After word went out, some neighborhood members approached Kramer to either offer back (albeit at a loss) or return a few of his NFTs.

The end outcome of the taken BAYC and MAYC NFT mess has actually not been revealed openly, however it appears a couple of people assisted relieve Kramer’s concerns and have actually helped him in obtaining a few of his taken NFTs.

Freezing NFTs Brings Up Questions

After Kramer’s NFTs were taken, OpenSea– the biggest NFT market– froze the properties, so they can’t be traded. In an earlier tweet, Kramer stated: “All Apes are frozen […] Waiting for OpenSea group to get in”. This can be seen on OpenSea, where the products can no longer be purchased or offered.

This remark drew in criticism from the neighborhood considering that a 3rd party was getting included, which breaks the concept of real decentralisation. One Twitter user commented: “Feels quite anti-crypto to be asking 3rd parties to do this and preferably they should not have the ability to.”

Even renowned software application engineer Grady Booch included his viewpoint about the absence of decentralisation in this case when he commented:

Silly me. And here I believed that the code is the law which among the extremely concepts of cryptocurrencies was the removal of any possibility of centralised intervention. Hypocrites; each of you.

Grady Booch

Lack of Operational Security Partly to Blame

In the end, one can be sure that if other owners remained in Kramer’s shoes, they would be glad. Another error on his part was not practicing excellent functional security– Kramer’s taken NFTs were saved on a hot wallet linked to the web, instead of utilizing a cold wallet that needs physical action on the part of the holder to validate deals.

Phishing has actually been a growing issue in the crypto area, with cybersecurity business PhishLabs reporting a tenfold boost in such attacks on crypto exchanges in the very first half of 2021, compared to the previous year.

  • Scams
  • Crypto News
  • NFTs

Disclaimer:
The material and views revealed in the short articles are those of the initial authors own and are not always the views of Crypto News. We do actively examine all our material for precision to assist secure our readers. This short article material and links to external third-parties is consisted of for details and home entertainment functions. It is not monetary guidance. Please do your own research study prior to getting involved.

.

View Source

Did you like this post? Think about contributing to us.

[crypto-donation-box]

Related articles

Nifty Gateway Founders Step Down

Nifty Gateway Founders Step Down

January 28, 2023
How to Buy a Tom Brady NFT: A Beginner’s Guide

How to Buy a Tom Brady NFT: A Beginner’s Guide

January 28, 2023
Tags: FreezesnftOpenSea
Share76Tweet47

Related Posts

Nifty Gateway Founders Step Down

Nifty Gateway Founders Step Down

by ccLink
January 28, 2023
0

Reading Time: 2 minutes The founders of Gemini’s NFT platform Nifty Gateway have stepped down to start a new company...

How to Buy a Tom Brady NFT: A Beginner’s Guide

How to Buy a Tom Brady NFT: A Beginner’s Guide

by ccLink
January 28, 2023
0

Image from autograph.io/tom-bradyAre you a fan of Tom Brady and looking to add one of his rare NFTs to your...

Hackers steal $750K after fake NFT link on Azuki’s Twitter account

Hackers steal $750K after fake NFT link on Azuki’s Twitter account

by ccLink
January 28, 2023
0

The Azuki team managed to reclaim the Twitter account shortly after the attack. Data shows the hacker was able to...

Car Titles Issued As NFTs In Testing Phase Throughout California

Car Titles Issued As NFTs In Testing Phase Throughout California

by ccLink
January 27, 2023
0

California’s Department of Motor Vehicles will test the Tezos network for the digitization of car titles as NFTs. The agency...

Amazon Reportedly Working on an NFT-based Game

Amazon Reportedly Working on an NFT-based Game

by ccLink
January 27, 2023
0

Reading Time: 2 minutes Amazon is reportedly planning to enter the Web 3.0 gaming world with an NFT-based game The...

Load More
  • Trending
  • Comments
  • Latest
Crypto exchange Gate.io to provide Pyth Network with price data

Crypto exchange Gate.io to provide Pyth Network with price data

November 25, 2021
Celsius Network Raises $400M Led by Canada’s 2nd Largest Pension Fund to Reassure Regulators

Celsius Network Raises $400M Led by Canada’s 2nd Largest Pension Fund to Reassure Regulators

November 20, 2021
You Are The Carbon They Want To Reduce

You Are The Carbon They Want To Reduce

April 11, 2022
What Would Happen if Celsius Got Sued by the Rest of the Claimants?

What Would Happen if Celsius Got Sued by the Rest of the Claimants?

July 14, 2022
AMC CEO Proudly Declares That the Company Now Accepts Various Cryptocurrencies as Online Payment

AMC CEO Proudly Declares That the Company Now Accepts Various Cryptocurrencies as Online Payment

0
New york city’s Incoming Mayor Wants to Be Paid in Bitcoin (At Least Temporarily)

New york city’s Incoming Mayor Wants to Be Paid in Bitcoin (At Least Temporarily)

0
International Money Laundering Watchdog Says Uh, Yeah, Better Regulate Cryptocurrency

International Money Laundering Watchdog Says Uh, Yeah, Better Regulate Cryptocurrency

0
No, Putin Isn’t Embracing Cryptocurrency Just Yet

No, Putin Isn’t Embracing Cryptocurrency Just Yet

0
Quantum Days 2023: CCA Expert Panel examining quantum through multitude of different lenses

Quantum Days 2023: CCA Expert Panel examining quantum through multitude of different lenses

January 28, 2023
Binance is still operating normally despite months of FUD

Binance is still operating normally despite months of FUD

January 28, 2023
Biden Administration Releases Roadmap To Mitigate Cryptocurrency Risks

Biden Administration Releases Roadmap To Mitigate Cryptocurrency Risks

January 28, 2023
Nifty Gateway Founders Step Down

Nifty Gateway Founders Step Down

January 28, 2023

Join our mailing list

Tags

ADA altcoin altcoin daily altcoins Binance bitcoin bitcoin analysis bitcoin crash bitcoin live bitcoin news bitcoin news today bitcoin prediction bitcoin price bitcoin price prediction bitcoin today Blockchain btc btc news btc price buy bitcoin Cardano Crypto crypto crash Cryptocurrency cryptocurrency news crypto market Crypto Monnaie cryptomonnaie Crypto News crypto news today DEFI Dogecoin ETH Ethereum Finance investing metaverse Money news nft Ripple Shiba inu Solana trading xrp

© 2022 CC.LINK

No Result
View All Result
  • Home
  • News
  • NFT
  • Videos/Tips
  • Mining
    • How to Mine Bitcoin
    • Top Mining Software
    • Mining Articles
  • Tools
    • Live Crypto
    • Free Wallet
  • Live
  • Marketplace
  • Contact us

© 2022 cc.Link.