$800,000 in NFTs Stolen via Discord phishing attack🚨

Mar 19, 2022

Rare Bears Attacked - $800,000 in NFTs Stolen

The Discord server of Rare Bears, an NFT collection was hacked, and the scammers posted phishing links to scam people.
The team later got back access to the project’s Discord server.
In the process, scammers stole 286 Ether (ETH), worth over $795,500.

Agave and Hundred Finance Breached by Hackers- $11M Lost

Agave and Hundred Finance were exploited due to a “re-entrancy” attack using xDAI stable tokens.
All the Hundred Finance markets are paused across chains.
The attackers routed stolen ETH funds through Tornado Cash.

Deus Finance exploited - $3 Million Lost

Deus Finance DAO is the world’s first decentralized bilateral OTC derivatives platform on Fantom blockchain.
It was exploited, profiting the hacker $3 Million in DAI and ETH.
Deus Finance team paused the smart contract to prevent further loss from the attack and released a compensation plan for the affected.
The attacker used flash loans to manipulate price oracles and steal the funds off the platform.

NftflowStarkNet rug pull

NftflowStarkNet rugged investors for 83 ETH, routed funds through “Tornado Cash” and deleted their social media handles.

Discord Server of Wizard Pass NFT hacked

The Discord server of Wizard Pass NFT, a collection of NFTs on the OpenSea, was hacked, and many NFTs were stolen.
The hackers made 107 ETH selling the stolen NFTs.

PulseDAO rug pull

PulseDAO Finance rug pulled investors for 4,342 FATOM by removing liquidity. The project also deleted their social media handles.

Paraluni fell for a re-entrancy attack

Paraluni, a metaverse project on BSC, became a victim of a re-entrancy attack, resulting in a gain of $1.7 Million to the hacker.
The attack was made possible due to the bug introduced by using a crafted smart contract.

Extraordinary use cases of NFTs -

Source

How to Make an NFT and Sell It: As Easy As ABC

From buzzword to becoming Collins Dictionary's word of the year, NFTs have come too far.

Recently a singer took his earnings from $300 to $60,000 selling five singles and a music video as NFTs.

This is significantly larger than what they pull in from streaming services such as Spotify.

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