Moonbirds co-founder Kevin Rose loses $1.1M worth of NFTs in a phishing attack
In Brief
Moonbirds NFTs co-founder and PROOF Collective CEO Kevin Rose became a victim of a phishing attack
Rose lost approximately $1.1 million worth of NFTs, among which are Autoglyph, Art Blocks, Cool Cat, and OnChainMonkey tokens.
Moonbirds NFTs co-founder and PROOF Collective CEO Kevin Rose became a victim of a phishing attack.
On January 25, Rose informed his 1.6 million Twitter followers that he got hacked. The Moonbirds creator warned the NFT community not to purchase any Squiggles or Autoglyph NFTs until the tokens are identified and flagged as stolen.
The attacker stole 25 Art Block NFTs, also called Chrome Squiggles. Altogether, the tokens are worth approximately 332.5 ETH. Then, nine OnChainMonkey NFTs, which are worth over 7.2 ETH, and one Autoglyph NFT. Notably, the floor price of the latter on the secondary market is 345 ETH. The scammer also stole one valuable Cool Cat NFT and The Currency artwork by Damien Hirst, among other tokens. Overall, Kevin Rose lost approximately $1.1 million in assets.
On January 26, the vice president of engineering at PROFF, Arran Schlosberg, shared a detailed explanation of the hack. According to his tweets, Rose was “phished into signing a malicious signature that allowed the hacker to transfer a large number of high-value tokens.”
Arran Schlosberg shared that PROOF’s team used the theft prevention tool Revoke Cash as soon as the exploit was discovered. However, it was late, as the attacker had already transferred the tokens. PROOF’s team is currently working with anti-fraud experts from Ledger and OpenSea, who “are considering all avenues, including legal.”
Notably, PROOF Collective’s assets were not affected and are not at risk, as most require multiple signatures for access.
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About The Author
Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]
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Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]
