Follow Us

A Phishing Attack Results In The Loss Of 29 Moonbird NFTs Valued $1.5 Million

Share on facebook
Share on twitter
Share on linkedin

Share

moonbirds
Share on facebook
Share on twitter
Share on linkedin
  • PROOF released 1,000 access pass NFTs using a Dutch Auction format in December 2021, with prices starting at merely 5 ETH. Since then, the cost of these has skyrocketed. MOONBIRD’s worth was $47k at the time of publication.
  • After NFT developer Mike Winkelmann, better known as Beeple, had his Twitter account hacked in a phishing effort, the latest occurrence occurred. The scheme netted the attacker $438K in cryptocurrencies and NFTs from the compromised Beeple account.
  • The pixelated owl character in Moonbirds NFTs has randomized qualities and attributes. In a word, it’s akin to the well-known Bored Apes and a slew of other profile photo initiatives currently on the market.

In what appeared to be a phishing attack, a Moonbirds owner lost 29 of these Ethereum-based NFTs. Cirrus tweeted that the stolen non fungible tokens [NFTs] were worth roughly $1.5 million and were obtained by clicking on a malicious link given by the attacker. Moonbirds is an Ethereum NFT collection with over 10,000 profile photographs for those who are unfamiliar. Holders get access to the ‘PROOF community,’ as well as the ability to nest their NFT owls for future rewards.

Moonbirds NFTs Are What They Sound Like

The suspected scammer used the P2P transaction, according to Twitter user and NFT enthusiast Andeh. He claimed in the forum that he had made contact with the victim and had tracked down the bad actor’s residence and name. Andeh also said that the assailant is a seasoned crook who has already been involved in other schemes.

The official Twitter account has yet to comment, and it’s unclear how many people were affected by the heist. After NFT developer Mike Winkelmann, better known as Beeple, had his Twitter account hacked in a phishing effort, the latest occurrence occurred. The scheme netted the attacker $438K in cryptocurrencies and NFTs from the compromised Beeple account, according to TronWeekly.

ALSO READ – How do ‘Silent Payments’ increase more privacy in Bitcoin blockchain transactions?

Intellectual Property Rights

The pixelated owl character in Moonbirds NFTs has randomized qualities and attributes. In a word, it’s akin to the well-known Bored Apes and a slew of other profile photo initiatives currently on the market. Moonbird owners, like the Bored Apes, have intellectual property rights and can use their image in the creation of products, services, merchandise, and more. They also get access to the PROOF Collective, a private community. Kevin Rose, a tech founder, founded the PROOF Collective, an NFT-based membership organization.

PROOF released 1,000 access pass NFTs using a Dutch Auction format in December 2021, with prices starting at merely 5 ETH. Since then, the cost of these has skyrocketed. MOONBIRD’s worth was $47k at the time of publication, according to CoinGecko data. Aside from that, PROOF intends to conduct an NFT conference in 2023 and release more NFTs in the future.

Download our App for getting faster updates at your fingertips.

en_badge_web_generic.b07819ff-300x116-1

We Recommend

Top Rated Trading Platforms

Top Rated Cryptocurrency Exchange

Welcome Back!

Login to your account below

Retrieve your password

Please enter your username or email address to reset your password.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
-
00:00
00:00
Update Required Flash plugin
-
00:00
00:00