⏳ Final hours! Save up to 60% OFF InvestingProCLAIM SALE

Hackers Take $375k From NFT Platform Premint

Published 07/18/2022, 09:46 AM
Updated 07/18/2022, 10:00 AM
© Reuters.  Hackers Take $375k From NFT Platform Premint
TWTR
-

  • PREMINT’s website is compromised and faces a loss of $375,000.
  • The NFT platform explains how the hackers granted access to the system.
  • PREMINT’s team is already working to recover affected users’ wallets and stolen assets.

On July 17, NFT platform PREMINT was compromised. According to sources, hackers attacked PREMINT’s website on July 17 early morning, which left PREMINT with a loss of $375,000.

Reportedly, the hackers stole affected users’ non-fungible tokens (NFTs) along with the remaining assets in their wallets.

PREMINT posted on Twitter (NYSE:TWTR) how the hackers gained access to the systems:

“The hackers manipulated a file on PREMINT’s website by an unknown third party which lured users to sign into a malicious wallet connection.”

PREMINT’s team warned all its users and instructed them not to sign any transaction that says “set approvals to all” and remove any permission to the wallet if they suspect their wallet was compromised.

At the time of writing, PREMINT has successfully sealed the breach and updated its website.

PREMINT has pinned an update to the website that says, “users can now use Twitter or Discord accounts rather than wallets when logging back into the platform as it is safer and way more convenient, especially on mobile devices.”

Additionally, they tweeted:

PREMINT is safe to log in. You will see a gas-free signing confirmation screen when you connect your wallet. We never ask for any transaction access, and you will never ever see gas associated with connecting to PREMINT.

Furthermore, PREMINT informed its community that they are trying to recover affected users’ wallets and their stolen assets. “We are actively working together to get a full list of wallets that had assets taken from them.”

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.