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This article is educational material.
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Hackers got away with several stolen high-value NFTs in the last 24 hours.
Apparently, the hackers phished unsuspecting NFT holders for their assets. Phishing is described as “the fraudulent practice of sending e-mail or other messages assert to be from acknowledged companies to get individuals to reveal personal information, such as passwords and credit card numbers.” Unfortunately, crypto provides an excellent hunting ground for this type of activity.
The problem with the principle of self-custody is that people actually need to manage their assets. This means that crypto holders must practice excellent operational security – they cannot click on links, interact with malicious contracts, or do any of the other dangerous activities online. Hackers know that crypto users have hugely valuable digital assets, often on the same devices they use to surf the internet. Therefore, bad actors target them on a massive scale.
This situation is an example of this sad reality. NFT holders clicked on a link or approved a contract that gave hackers access to their wallet. After that, the hackers can easily and quickly drain the victims’ wallets of anything of value.
Hackers got away with 14 different NFTs in the last 24 hours. The assets were all listed on Blur. The NFTs included
Unfortunately, this will be the last time hackers steal valuable NFTs. Hopefully it serves as a call to action for everyone in Web3 to reevaluate their habits and cut out anything that could be jeopardizing their hard-earned NFTs and crypto.