This Altcoin on Binance Became a Victim of Hack: Price Dropped Hard!

NFPrompt suffered a hacker attack and authorities transferred all smart contract ownership to a new address. The Altcoin team confirmed the attack in their statement. The team warned users about some issues. Meanwhile, the token price, which is also on Binance’s list, saw a sharp decline due to the news.

NFPrompt fell victim to hack, altcoin price is falling!

cryptokoin.com As we reported, the NFPrompt team announced that they encountered a serious security incident. A hacker group successfully invaded some wallets, including the NFP contract administrator’s wallet. Thus, he gained unauthorized control of the victim’s funds. This attack involves part of NFP’s treasury and ecological funds. In this context, the altcoin team made the following announcement with a detailed explanation:

We are writing to inform you about a critical security incident regarding NFPrompt. It was found that a group of hackers had compromised some wallets, including the wallets of NFP’s contract administrators. They illegally seized control of victims’ funds, including part of the NFP treasury and ecosystem fund.

Following the attack, the altcoin price fell sharply. NFP price decreased from $0.9643 to $0.757 during the day. At the time of writing, the token was trading at a loss of approximately 16% on a daily basis.

NFP daily price chart. Source: CoinMarketCap

NFPrompt got help from the FBI and calls to exchanges

In response to this attack, NFPrompt transferred all smart contract ownership to new addresses. Thus, effectively cutting off their attack path. It also ensured the security of users’ NFP tokens and platform assets. In addition, the FBI stepped in to help track down the hackers. It also notified major centralized exchanges (CEX) to freeze funds related to the hackers.

NFPrompt also called on cooperating central exchanges to suspend NFP deposits during the investigation. In addition, it invited decentralized exchanges (DEX) to temporarily halt all liquidity pool activities involving NFP tokens to avoid risks and prioritize the protection of holders’ assets and reduce losses as quickly as possible.

altcoin

Altcoin project works with security companies

At the same time, NFPrompt is working with leading companies in the Web3 security space, including SlowMist and Chainalysis, to monitor hackers’ on-chain activities and trace the token exchange process to reveal their identities and parties involved.

NFPrompt reminded community members during the current investigation to only purchase and trade NFP tokens through trusted centralized exchanges, avoid interacting with unofficial contracts, not purchase NFP through private OTC channels, and remain vigilant to trade safely.

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