NFT marketplace NFT Trader was hacked, stealing millions of dollars worth of assets from a user.
NFT Trader, a prominent NFT marketplace with peer-to-peer payment method 16 December made the day in sharingold from smart contracts He stated that they were subjected to a cyber attack originating from:
There was an attack on 2 of our old smart contracts from a third party. However, we have implemented all necessary measures to prevent such incidents from occurring in the future.
Although the company invited its users to revoke all permissions they had given to smart contracts in the past, a user who did not notice this warning lost his multimillion-dollar NFT.
According to the transferred data, from the total 3 million dollars 37 Bored Ape YATCH Club (BAYC), 13 Mutant Bored Ape YATCH Club (MAYC), 4 World OF Women and 6 VeeFriends worth were stolen. The attacker is about 120 ETH ransom worth $260 thousand he demanded.
Almost all of the stolen NFTs were recovered after Greg Solano of Yuga Labs also contributed to the ransom payment. The process has been initiated to return NFTs to their owners.