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Home News NFT News

Hackers Exploit ‘Premint’ NFT Registration Platform Stealing 320 NFTs

Asif Ali by Asif Ali
July 19, 2022
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Hackers made more than $400,000 in profit by selling A hacker used malicious JavaScript code to penetrate the security of the Mint In one of the biggest hacks of the year, hackers broke into a popular NFT registration platform called Premont on Sunday. They made off with more than 320 stolen NFTs worth over $400,000.

A cybersecurity firm, CertiK, says it’s been investigating malicious scripts that have been used to infect cryptocurrency exchanges. When the user has added the wallet to their phone, a popup will appear to further authenticate ownership. This is a good example of the difference between two sentences.

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Conned Users Within Minutes

In a matter of hours, the pop-up was spread across many platforms via social media. The hackers have already tricked several of their clients, within a matter of minutes.

Some items that were stolen from well-known collections included those from the Bored Ape Yacht Club and Otherside. Bored Ape is now a member of the CryptoKitties family.

The hackers sold all 320 stolen NFTs for roughly $400,000 over the course of Sunday. In order to remove any trace of the transaction from the blockchain, the hackers transferred the money to a service called Tornado Cash. This is a web service that pools together crypto deposits from a large number of users and mixes them. Criminals routinely use crypto mixers to purify their stolen crypto.

After the hack, Premont went to Twitter to disclose the theft and reassure customers that a vast majority of accounts had not been tampered with by hackers. Q: According to Twitter, only a tiny percent of its customers were tricked by the scam.

Read Also: Top 5 Cryptocurrencies of The Week

 

 

 

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