Bored Ape NFT #4587, the most recent target of address 0x43c922’s theft, was the subject of a warning from blockchain security company CertiK. Since the beginning of February 2023, the hacker has planned a series of heists.
The BAYC NFT #4587 has been verified as the second asset stolen by the hacker with the full address 0x43C922deB0827b9F5B1baC648677077A66F108e5, according to Ancilia inc., a web3 cybersecurity partner supported by Binance. The NFT was last sold on May 9, 2022, for 89.9 ETH, or about $147,800.
— Ancilia, Inc. (@AnciliaInc) February 23, 2023
The other attack by the same user, according to CertiK, targeted and stole NFT #3097 from the bored ape yacht club. On January 7, 2022, BAYC NFT #3097 was last sold for 19.8 ETH (about $33,000).
— CertiK Alert (@CertiKAlert) February 23, 2023
The heist of the FreeNFT.xyz OG ticket 150 on February 15, 2023, is one of several scams associated with the address. One token worth 7Ξ was stolen from address 0xe31f3cca152fbbe45d73ef64de25d81228f8f7a7 from the same hacker address, according to a report on Twitter by @scamsniffer_.
🚨 https://t.co/2PVOp6lOL9 OG Ticket 150 may have been stolen, 1 tokens worth 7Ξ
— Scam Sniffer Alert Bot (@scamsniffer_) February 14, 2023
The account has hardly been active for roughly 20 days and is now identified on Etherscan as fake phishing38681. It has executed 73 recorded transactions throughout the whole time. The address has been marked as suspicious by Etherscan, alerting other users not to connect with it.
As there have been numerous reports associating this address with numerous phishing scams, they have warned consumers to use it.
Also Read: NFT Scams: How to Protect Yourself from them
Crypto Industry Is Still Haunted By Phishing Scams
The Bored Ape Yacht Club and the entire crypto sector have suffered losses as a consequence of the attack. It does so amid reports of significant losses in 2022 due to hacking and phishing attacks.
Crypto analyst Kofi states that hackers took over $6 billion worth of cryptocurrency. Furthermore, according to a UN assessment, North Korean hackers stole approximately $630 million in digital assets in 2022.
In response, the Lazarus cyber group linked to North Korea’s economy crimes section, kokrim, stole $5.9 million in cryptocurrency. Likewise, Gary Gensler, the chairman of the SEC, has highlighted the fundamental cybersecurity risk that holding digital assets poses.
The regulatory authority is exploring ways of developing a legal framework for digital assets. Follow us for more information on these phishing attempts and the defences being created against them.