🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

Rare Bears NFT loses $790,000 worth of NFTs in a phishing attack

Published 03/18/2022, 06:22 PM
Rare Bears NFT loses $790,000 worth of NFTs in a phishing attack
TWTR
-
ETH/USD
-

Last month, some users of the leading NFT marketplace OpenSea fell victim to a phishing attack that claimed around $1.7 million worth of digital collectibles. Malicious actors have now moved over to the recently-launched Rare Bears NFT project, with users losing NFTs and other cryptocurrency assets worth around $790,000 in a phishing attack.

The Rare Bears team revealed that the hacker took advantage of the weakened security in its Discord group to spread a phishing link.

The NFT collection, which consists of 2,400 cartoon-themed bears on Ethereum, was created by New Zealand-based digital “Enox” and only went public last week.

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.