Cryptocurrency [loss] $831,000

Tweet by Kevin Rose

2023-01-25 [vendor] Kevin Rose wallet [chain] ethereum
Primary Source ↗
Financial Loss $831,000 (831,000 USD)
Blockchain(s) Ethereum

Incident Details

Kevin Rose, perhaps best known as the founder of Digg, but also a prominent crypto investor and entrepreneur, lost a substantial number of pricey NFTs when he apparently signed a malicious transaction. The hacker stole 25 Squiggles NFTs, which are trading at a floor price of 13.3 ETH, putting the estimated price based on the floor price at around 332.5 ETH ($519,000). Rose acquired the Squiggles for between 6.3 and 16 ETH each ($10,000 to $25,000).The thief also stole an Autoglyph NFT, which rarely change hands, but which have most recently sold for around 200 ETH ($312,000). Rose had been offering his Autoglyph for sale for 345 ETH ($539,000), but had yet to find a buyer.Fortunately for Rose, the hacker was apparently unable to steal a CryptoPunk NFT he owned that resembles a zombie. The rare zombie variant of the already pricey NFT have fetched millions — albeit in periods of stronger interest in NFTs.

Total loss estimated at $831,000.

Technical Details

Initial Attack Vector
Smart contract exploit / hack
Vendor / Product
Kevin Rose wallet

Timeline

  1. 2023-01-25 Breach occurred
  2. 2023-01-25 Publicly disclosed