Weekly NFT updates from LegendsofCrypto(LOCGame)!
‘Completely wrecked’: Phishing attack during Aurory Project NFT drop steals millions; others get 500x gains
Messari analyst Chase Devens became one of the victims of a phishing attack on the issue of tokens of the NFT project Aurory Project on the Solana blockchain. The attacker withdrew more than $ 1 million worth of cryptocurrency and NFT from the victims’ wallets.
Presumably, he cloned the Aurory Project website (app.aurory.io), on which the release was supposed to start on August 31, and posted it on the aurory.app domain.
The hacker then started promoting the fake link in Aurory’s Discord chat. When crossing it, the victims’ wallets were completely emptied.
At one point, the attacker’s address contained more than 10,600 SOL worth over $ 1.1 million. He also obtained several hundred NFTs, including tokens of the Bold Badgers, Aurorians, SolRock, SolBears, and Degenerate Apes series.
At the time of this writing, there were 184 tokens left in the hacker’s account. He sold a significant portion of his assets through the Solanart NFT platform.
The Aurory Project team acknowledged problems with the start of minting tokens; allegedly due to server overload, not all users were able to learn about the start. According to them, all NFTs were sold out in 3 seconds.
They also reported that they made a mistake in the smart contract, and users issued tokens for 1 SOL, not 5 SOL, as was supposed.
This week, on the official website of the artist Banksy, information appeared about the sale of NFT, which was then auctioned off on the OpenSea market for 100 ETH ($ 338,000). However, according to a statement from the artist’s team, the “Great Redistribution of the Climate Change Disaster” artwork, inspired by the CryptoPunk project, does not belong to Banksy.
User Yosefo contacted Pranksy yesterday morning via the messaging app Discord and talked about Banksy’s NFT auction. Yosefo shared a link to the official Banksy site, which posted information about the work, and a link to the NFT auction on OpenSea. Then Pranksy made a bet of $ 100 ETH, and then suddenly the auction ended.
An hour and a half after the auction ended, the NFT ad on Banksy’s website was removed. After about eight hours, the scammer returned Pranksy 97.69 ETH.
He noted that he was misled by the fact that information about the NFT appeared on the official Banksy website. He said that the artist’s team was probably partially responsible for the development of the situation.
He later wrote on Twitter, which has no relation to the appearance of information on the NFT online Banksy and would never have become “risk of a future possible relationship with the artist” NFT for purchase from himself.
According to Sotheby’s, the auction house plans to raise from $ 1.5 to $ 18 million from the sale of collectible NFTs. As payment options, supported by Coinbase, Sotheby’s will accept USDC, Ether, Bitcoin, and US dollars.
Bored Ape Yacht Club has become the second most popular NFT collection after CryptoPunks in terms of total trading volume ( 136,107 ETH). According to rarity tools, The lowest price at the time of writing for the cheapest available NFT Bored Ape Yacht Club on the open market is 48.8 ETH. Notable owners of the expensive NFT collection include NBA superstar Steph Curry, YouTube founder Logan Paul and musician Jermaine Dupri.
Sotheby’s is actively working with NFT and highly values this unique asset. In July, Sotheby’s sold musician Jay-Z’s NFT for $ 139,000. It also sold the original World Wide Web source code to NFT for $ 5.4 million.
Highest 7-Day Sales:
In the past 7 days (August 26 — September 2), the top 7 NFT sales stood at a total of $17.731M. A shy increase from last week’s total of $17.479M.
Fidenza remains on the list for the third week in a row! As Art Blocks NFT Ringers #879 take the lead at a price point of $5.685M.
For the first time, the market is almost stagnant. A major shift from the usual drops or surges in total price volume.
Top 5 Projects to Consider for Investment Portfolio:
In the past 7 days (August 26— September 2), the top 5 projects amounted to a total of $3.691B and 434,738 sales. A minor INCREASE in sales volume and a small 434,738 drop in sales!
CryptoPunks takes the lead in sales volume at $237,516,949.54M.
Mutant Ape Yacht Club makes it onto the list for the first-time ever!
Top NFT Marketplaces:
In the past 7 days (August 26— September 2), the top 7 marketplaces had a total of $1,569,179.44B in volume, another another massive close to the week, but a steep drop from last week’s total volume at $1,391.051T.
Axie Infinity loses its two-week streak as OpenSea overtakes it both in traders, and volume at a volume of $1.569B and 179,390 traders. OpenSea is again the leader in sales volume for the fifth week. This week OpenSea’s had a close to 50% increase in volume!
Hic et nunc is a first-timer on the list since the first LOCG NFT Digest. How long will it last?
Read last week’s NFT Digest here!
For partnership, collaboration & advertising inquiries please reach out to us at our email: [email protected]
Feel free to reach out to our community admins for further clarifications through the following official channels (remember we will never contact you directly):