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Rare Bears Discord phishing attack nabs $800K in NFTs

Published 03/18/2022, 01:21 AM
Updated 03/19/2022, 03:40 AM

Recently launched nonfungible token (NFT project), “Rare Bears,” was hit with an attack, after a hacker posted a phishing link in the project‘s Discord channel, stealing nearly $800,000 in NFTs.

Analysis from blockchain security firm Peckshield detailed that the attacker was able to steal 179 NFTs including “Rare Bears” and other NFTs from various collections including “CloneX,” “Azuki,” a “mfer” from artist sartoshi, and six LAND tokens used for The Sandbox metaverse.

How the attack happened

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