Cryptocurrency [loss] $116,000

Tweet by zachxbt

2022-08-20 [vendor] 0x47dF5 NFT theft [chain] ethereum
Primary Source ↗
Financial Loss $116,000 (116,000 USD)
Blockchain(s) Ethereum

Incident Details

In what might be a new record, someone bought a Bored Ape NFT for 70.69 ETH ($116,000) and had it stolen from them less than two hours later. The scammer quickly flipped the NFT for 61.6969 ETH ($101,000), then bridged the funds through RenBridge to cover their tracks.

Total loss estimated at $116,000.

Technical Details

Initial Attack Vector
On-chain theft (attributed by zachxbt)
Vendor / Product
0x47dF5 NFT theft

Timeline

  1. 2022-08-20 Breach occurred
  2. 2022-08-20 Publicly disclosed