Blur

ZachXBT

Chainlink

Pink

NFT trader lost three Bored Ape Yacht Club collectibles worth approximately $145,000 to a phishing attack. PeckShield, an on-chain security firm, reported that the theft occurred on May 8, when BAYC NFTs #7531, #6736, and #2100 were transferred from the trader’s wallet, Tatis.eth, to a scammer’s account known as Pink Drainer. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/hashtag/PeckShieldAlert?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#PeckShieldAlert</a> ZachXBT has detected that tatis.eth has fallen victim to a phishing attack, resulting in the loss of 3 <a href="https://twitter.com/hashtag/BoredApeYachtClub?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#BoredApeYachtClub</a> NFTs, specifically <a href="https://twitter.com/hashtag/BAYC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#BAYC</a> #7531, <a href="https://twitter.com/hashtag/BAYC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#BAYC</a> #6736, &amp; <a href="https://twitter.com/hashtag/BAYC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#BAYC</a> #2100. The scammer <a href="https://twitter.com/hashtag/PinkDrainer?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#PinkDrainer</a> has already sold the stolen <a href="https://twitter.com/hashtag/BAYCs?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#BAYCs</a> for a total of ~48.5… <a href="https://t.co/vU0EPndvRM" target="_blank">pic.twitter.com/vU0EPndvRM</a>— PeckShieldAlert (@PeckShieldAlert) <a href="https://twitter.com/PeckShieldAlert/status/1788463174041366692?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">May 9, 2024</a>
 </blockquote> 
 </div>
</figure> 
The perpetrator quickly sold the stolen NFTs on NFT marketplaces Seaport and Blur for a total of 48.5 Ethereum (ETH), equivalent to around $145,000. This incident is part of a broader pattern of increased scam activities targeting the crypto community. For instance, this hacker group had<a href="https://www.cryptotimes.io/2023/12/29/pink-drainer-steals-4-4m-from-single-victim-in-latest-hack/"> previously stolen Chainlink (LINK) tokens</a> valued at $4.4 million. 
The frequency of such attacks spiked in the last quarter of the previous year. Notably, in October, the JPEG’d protocol alerted its community to counterfeit platforms designed to mimic its services and steal digital assets. In another incident in December, Flooring Protocol, a liquidity solution for NFTs, was exploited due to vulnerabilities in its multi-call smart contracts, leading to substantial losses. 
These recurring incidents underscore the urgency for enhanced security measures within the cryptocurrency and NFT ecosystems to safeguard users’ investments. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also read: <a href="https://www.cryptotimes.io/2024/05/08/crypto-trader-loses-1m-in-0l-network-hard-fork-fallout/">Crypto Trader Loses $1M in 0L Network Hard Fork Fallout</a> 
</blockquote>

NFT Trader Loses $145K in BAYC to Phishing Scam

The Crypto Times

Other articles published on May 9, 2024

European Union is Preparing for a Bigger Move Than Bitcoin ETF!

Solana (SOL) Poised to Outperform Ethereum (ETH) in Market Flip, Analyst Predicts

Fantasy.top & Pump.fun Enter Top 10 Crypto Protocols by Fees

SOL Price Prediction: Is Solana Falling To $120 This Week?

Global Stocks Fluctuate as Wall Street’s Calm Stretches into Second Day

Bitwise Boosts BTC ETF Market with Impressive $11.54M Daily Inflow: A New Era for Bitcoin (BTC)

Join our free newsletter for daily crypto updates!