ZachXBT, a cryptocurrency researcher, noticed what happened first. looks like the bored monkey The owner was fooled by a phishing attack, researchers found. Additionally, the wallet linked to this incident was previously involved in other phishing scams. But we still don't know exactly how this phishing attack occurred.
Phishing nft Details
The incident was first reported by crypto researcher ZachXBT. The collector lost the nfts BAYC #7531, BAYC #6736, and BAYC #2100, for a total of 54.8505 eth or $164,400. Further investigation using Etherscan's blockchain explorer revealed the wallet linked to BAYC nft transactions' previous involvement in phishing scams. #2100 at 18 eth ($54,000), according to OpenSea, a large nft marketplace.
Each of the Bored Ape phishing nfts has distinct traits that contribute to their rarity and value. BAYC #7531 features the unique trait of white fur, a feature shared by only 4% of the total 10,000 nfts. Meanwhile, BAYC #6736 features the “little smile” trait, which is particularly rare, occurring in only 3% of the collection. Lastly, BAYC #2100 exhibits a combination of traits, including Bored Pizza, tie-dyed shirt, short girlish hair, blindfold, gold studs, and pink fur.
<img class="alignnone wp-image-137734 size-full br-lazy" src="https://technicalterrence.com/wp-content/uploads/2024/05/Bored-Ape-NFT-Holder-Falls-Victim-of-Phishing-Scam-and.jpg" fetchpriority="high" decoding="async" alt="Phishing nft Details” width=”1064″ height=”834″ data-brsrcset=”https://technicalterrence.com/wp-content/uploads/2024/05/Bored-Ape-NFT-Holder-Falls-Victim-of-Phishing-Scam-and.jpg 1064w, https://nftevening.com/wp-content/uploads/2024/05/image2-3-1-300×235.jpg 300w, https://nftevening.com/wp-content/uploads/2024/05/image2-3-1-1024×803.jpg 1024w, https://nftevening.com/wp-content/uploads/2024/05/image2-3-1-768×602.jpg 768w” data-brsizes=”(max-width: 1064px) 100vw, 1064px”/>
Despite the significant value of phishing nfts, overall minimum prices for the Bored Ape Yacht Club collection have seen a notable drop in recent months. As of May 8, the floor prices plummeted to 15.09 eth, as reported by The Block's Data Dashboard. However, the collection still maintained a substantial trading volume, amounting to $13.3 million between April 28 and May 5.
Phishing schemes continue to represent a widespread threat in the digital realm. By employing phishing techniques, these scams aim to trick people into divulging sensitive information to malicious actors, as emphasized by the United States Federal Bureau of Investigation (FBI).
Impact on the crypto community
The crypto community is facing serious problems due to phishing attacks. Reports show huge money losses: around $300 million went to crypto-phishing attacks in 2023, affecting more than 324,000 people. The largest single loss was $24 million. Phishing scammers in the cryptocurrency world use different tricks, such as taking over project websites or social media accounts, handing out fake tokens, and spreading harmful links on social media.
In short, the sad event where three rare Bored Ape nfts were lost reminds us of the constant danger of phishing scams in the digital world. As the crypto community grows, it is increasingly important for people to be careful and use strong security measures to protect their assets from these bad activities.
