A recently launched collection of NFTs called Rare Bears was hit by scammers as a result of a phishing attack, token holders lost $800,000 worth of NFTs.
How informs PeckShield, a blockchain security company, managed to steal 179 NFTs. Basically, the scammers were able to withdraw the tokens of the Rare Bears collection, but the NFTs of the CloneX, Azuki collections and 6 LAND tokens of The Sandbox metaverse were also stolen.
Judging by the transactions on the attackers’ wallet, they almost immediately sold the received NFTs. This allowed them to raise 286 ETH, which is more than $795,000 at the current rate. The funds were immediately sent to the Tornado Cash transaction mixer.
The Rare Bears team later published message about the causes of the phishing attack. As it turned out, the hackers were able to access the account of the team’s moderator under the pseudonym “Zhodan” on the Discord server. After that, the hackers published a message about the new NFT release and attached a phishing link. Users who followed the link and granted access rights to their wallet lost their tokens.
At the same time, hackers, having gained access to Discord, blocked access to it to other members of the Rare Bears team and revoked any rights to manage the server from them. Subsequently, the Rare Bears team took back control of the server and removed the phishing link, but the stolen tokens will not be returned.
Computer security specialists remind that it is extremely rare for NFT projects to suddenly announce the release of a new collection of tokens exclusively on Discord or any other single channel. These are usually scammers and users need to be extremely careful.
Previously, Expel reported an increase in phishing attacks. Attackers send out emails asking them to send bitcoins to help the citizens of Ukraine.
Source: Bits
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