Crypto and non-fungible token-related scams have increased in recent weeks, highlighting the urgent need for greater crypto literacy and massive awareness, especially this festive season. In yet another phishing attack, scammers have just stolen multiple of 0XLBOTS and Cypherpunks NFTs.
Scammers Steal 237 NFTs In A Phishing Attack
In a December 19 blog post, Peckshield, the blockchain security firm, confirmed that scammers have just stolen 237 non-fungible token collections. The NFT collection stolen includes at least 85 0XLBOTS NFTs and 152 Cypherpunks NFT collections.
#PeckShieldAlert We're observing an ongoing ERC2771 + multicall attack targeting #NFTs in the wild.
It has already stolen 85 #0XLBOTS and 152 #CypherpunkZero. pic.twitter.com/05IrYt2pXH— PeckShieldAlert (@PeckShieldAlert) December 19, 2023
Established in 2018, Peckshield is a blockchain security company that provides comprehensive security audits for smart contracts, DeFi, exchange security, wallet security, blockchain security, threat monitoring and prevention, penetration testing, and emergency response. Peckshield’s clients include Polygon, BNB Chain, Bancor, 1inch, OKChain, dYdX, and many more.
Since its inception, the blockchain security firm has successfully thwarted multiple scam attacks while preventing millions of users from falling victim to scams. In its recent findings, Peckshield discovered an ongoing attack against non-fungible token collection using ERC2771+ multi-call smart contracts.
Crypto And NFT Scams On The Rise This Festive Season
Hackers and scammers appear to continue their strikes in the crypto industry, with cyber securities cautioning that they might even accelerate attacks during this festive season. Earlier in August, the Federal Bureau of Investigation (FBI) warned off crypto scammers disguised as NFT enthusiasts.
In its August report, CertiK, the blockchain security analytic firm, revealed that over $997 million was lost to flash loan attacks, exit scams, and exploits in 2023. It highlighted that exit scams took around $26 million, flash loan attacks took $6.4 million, and exploits took $13.5 million from their victims in August 2023 alone, amounting to a total of $45 million.
Combining all the incidents in August we’ve confirmed ~$45.8M lost to exploits, hacks and scams.
Exit scams were ~$26M
Flash loans were ~$6.4M
Exploits were ~$13.5M
See more details below 👇 pic.twitter.com/L2gsJYBJ3b
— CertiK Alert (@CertiKAlert) August 31, 2023
In recent weeks, hackers and scammers have been targeting top executives and industry heads on x, ending up stealing funds from their users. In September, a hacker took control of Ethereum cofounder Vitalik Buterin’s X (formerly Twitter) account and promptly stole hundreds of thousands of dollars worth of high-profile NFTs.
Update: $691k drained (another 33% in drainer fee address) pic.twitter.com/AVIShqDlMU
— ZachXBT (@zachxbt) September 9, 2023
Mark Cuban, the crypto investor and owner of the Dallas Mavericks, also lost hundreds of thousands of dollars in a crypto scam. Billionaire Mark Cuban became a victim of a hack after accidentally downloading a bad version of MetaMask software online.
Lmao, did Mark Cuban's wallet just get drained?
Wallet inactive for 160 days and all assets just moved pic.twitter.com/vWnMZFyHB5
— Wazz (@WazzCrypto) September 15, 2023
Last week, Ledger, the company that makes physical crypto wallets that look similar to USB drives or other storage devices, saw its Ledger Connect Kit software compromised, leading to hundreds of dollars being drained from users’ wallets. The hack left over $600,000 worth of crypto drained.
🚨 We've detected a potential supply chain attack on ledgerconnect kit 🚨
The attacker injected a wallet draining payload into the popular NPM package.
This currently affects a couple of popular dapps including but not limited to https://t.co/2QJmKIGv9T— Blockaid (@blockaid_) December 14, 2023
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