Blockzeit
  • News
    • Business
    • Politics
    • Metaverse
    • NFTs
    • Markets
    • Investing
    • Technology
    • Trends
  • Tools
    • Crypto Charts
    • Crypto Heatmap
  • Education
    • Reviews
    • Guides
    • Bitcoin Price Analysis
  • Crypto Exchanges
No Result
View All Result
  • EnglishEnglish
    • EnglishEnglish
    • DeutschDeutsch
    • PortuguêsPortuguês
Buy Crypto
  • News
    • Business
    • Politics
    • Metaverse
    • NFTs
    • Markets
    • Investing
    • Technology
    • Trends
  • Tools
    • Crypto Charts
    • Crypto Heatmap
  • Education
    • Reviews
    • Guides
    • Bitcoin Price Analysis
  • Crypto Exchanges
No Result
View All Result
Blockzeit
No Result
View All Result
Home NFTs
phishing 6573326 960 720

phishing 6573326 960 720

OpenSea Stops Hacker from Selling Stolen Bored Apes worth $2.2M

Tom Nyarunda by Tom Nyarunda
December 31, 2021
in NFTs
Reading Time: 3 mins read
0
Share on FacebookShare on TwitterShare on LinkedinShare via WhatsappShare via Email

Collector Todd Kramer reported he had lost his NFT collection in a phishing attack targeting his hot wallet. The leading NFT marketplace stepped in and froze the stolen digital assets worth millions. 

Top NFT marketplace OpenSea stopped an alleged hacker on his tracks by freezing 16 Bored Ape and Mutant Ape non-fungible tokens (NFTs) that were reportedly stolen from a New York art gallery operator. 

The operator of New York-based Ross+Kramer art gallery Todd Kramer reported in a tweet that he had clicked on a link that looked like a genuine NFT Dapp (Decentralized Application). However, he discovered too late it was a phishing attack that led to the loss of his 16 NFTs. He stated:

“I been hacked, all my apes gone.”

Popular among celebrities and influencers

The NFTs stolen from Kramer’s collection included eight Bored Apes, seven Mutant Apes—generated by exposing a Bored Ape to “mutant serum”— and a single Clonex NFT. Per Dappradar’s NFT Value Estimator, the total value of the Bored Apes stolen is around $2.28 million and cannot be traded on OpenSea.

Bored Ape Yacht Club is one of the most popular PFP (profile picture) collections, a series of cartoon ape images with randomly-generated attributes. They’ve proven popular among celebrities and influencers, with the likes of Snoop Dogg and Jimmy Fallon among those who own Bored Apes. So far, nearly $1 billion has been spent trading Bored Ape Yacht Club NFTs.

Who was able to freeze the nfts? Feels pretty anti crypto to be asking third parties to do this and ideally they shouldn’t be able to. This was just extremely poor opsec on your part. True decentralized ownership no one should be able to step in. Good luck.

— kw.sol ◎ (@Forculus) December 30, 2021

The decision by OpenSea to freeze the stolen NFTs left some traders decrying a lack of decentralization, one of the cherished aspects of the crypto industry. One Twitter commenter, kw.sol tweeted:

“Who was able to freeze the NFTs? Feels pretty anti-crypto to be asking third parties to do this, and ideally, they shouldn’t be able to.”

Losing his collection through the phishing ordeal

Famed software engineer Grady Booch chimed in about the lack of decentralization in this case when he tweeted:

Silly me.

And here I thought that the code is the law and that one of the very ideas of cryptocurrencies was the elimination of any possibility of centralized intervention.

Hypocrites; everyone of you.

— Grady Booch (@Grady_Booch) December 30, 2021

“Silly me. And here I thought that the code is the law and that one of the very ideas of cryptocurrencies was the elimination of any possibility of centralized intervention.”

A hot wallet is a type of cryptocurrency software wallet connected to the internet — most commonly MetaMask — whenever the device it is installed on is connected.

Despite the apparent stress of Kramer’s ordeal after losing his collection through the phishing ordeal, many Crypto Twitter users were quick with the jokes, including multiple people suggesting Kramer must change his Twitter profile picture if he no longer owns the Ape. Kramer most recently tweeted on Dec. 31 that he was surprised by the reaction: He deleted the tweet following the harsh abuse in the comments.

“Twitter is ruuuuuuthlesssss”

 — toddkramer.eth (@toddkramer1) December 30, 2021

1a49ddd7 d169 48a0 a252 3fc3a2ad01bb 1
Tom Nyarunda

Tom is a freelance writer with over 10-years’ experience in content creation, blog writing, and SEO specializing in the blockchain and cryptocurrency niche. As a philosophical figurehead, he believes that to make our world a better place, we must invest in incorruptible products and procedures, of which Bitcoin and other cryptocurrencies are leading examples.

Previous Post

OpenSea Navigates Possible IPO in 2022

Next Post

Ariane Capital Notes Stellar Crypto Investment Fund Performance Despite 2021’s Bearish Periods

Related Posts

FrEFsfzakAI5iyU

Polygon Partners With Nexon To Launch MapleStory NFT Universe

by Ken Emmanuel
March 23, 2023
0

Nexon, the largest gaming developer and publisher in Korea, announced that it has selected Polygon, a leading Ethereum scaling blockchain...

Sony & NFTs

Game On: Sony Set To Change The Game With NFT Integration On PlayStation

by Edmond Herrera
March 22, 2023
0

Sony Interactive Entertainment is set to implement non-fungible tokens (NFTs) into its iconic PlayStation gaming consoles. Discover how NFTs will...

Deadrop Early Access

Deadrop: DrDisrespect’s Shooter Web3 Game

by Edmond Herrera
March 22, 2023
0

Dr. Disrespect's web3 gaming studio releases its highly-anticipated NFT shooter game in early access. The game's unique culture of "teaming"...

Load More

Get updates to your inbox!

Subscribe to our mailing list to receive daily updates!

FOLLoW US:

Blockzeit Logo 10 1

Blockzeit was founded in 2021 in Switzerland with the mission of bridging the gap between the complex blockchain technology and the general public. Blockzeit is a news and education platform that aims to make blockchain more accessible and bring more transparency to the scene.

Popular Categories

Categories
  • Bitcoin News
  • Business
  • Education
  • Investing
  • Markets
  • Metaverse
  • NFTs
  • Politics
  • Press Release
  • Switzerland
  • Technology
  • Trends
  • Uncategorized

Important Links

  • Privacy Policy
  • Disclaimer
  • About us
  • Contact us
  • Blockchain Jobs
  • Events

Contact & Social

For guest posts, contact us via info@blockzeit.com

 

Contact: info@blockzeit.com
Press: press@blockzeit.com

Facebook Twitter Linkedin Instagram
  • Home
  • Markets
  • Investing
  • Technology
  • Trends
  • NFTs
  • Education
  • Events
© Copyright by Blockzeit.com. All rights reserved.

Disclaimer

SAVE 20% ON BINANCE FEES

Sign Up Here
No Result
View All Result
  • News
    • Business
    • Politics
    • Metaverse
    • NFTs
    • Markets
    • Investing
    • Technology
    • Trends
  • Tools
    • Crypto Charts
    • Crypto Heatmap
  • Education
    • Reviews
    • Guides
    • Bitcoin Price Analysis
  • Crypto Exchanges
  • DeutschDeutsch
  • PortuguêsPortuguês

© 2021 Blockzeit by Blockzeit.