$800K CryptoPunks and Otherside NFTs Stolen: Monkey Drainer Strikes Again!
The crypto community is reeling after another major NFT heist. Notorious non-fungible token (NFT) scammer Monkey Drainer has struck again, stealing $800,000 worth of CryptoPunk and Otherside NFTs, according to blockchain sleuth ZachXBT. This latest attack highlights the ongoing risks in the NFT space and the need for increased security awareness.
Monkey Drainer's NFT Loot: 7 CryptoPunks and 20 Otherside Gone
The notorious Monkey Drainer phishing scammer is back. This time, 7 Crypto Punks and 20 Otherside NFT artworks, estimated to be worth $800k, were stolen. On-chain analyst and crypto scam investigator ZachXBT exposes Monkey Drainer for stealing 7 CryptoPunks and 20 Otherside NFTs worth about 520 ETH, around $880k. The ETH-based NFTs Cryptopunks and Otherside experienced a cyber attack on November 4, resulting in the devastating $800k loss.
How Monkey Drainer Operates
Amid a rash of crypto scams that have pilfered millions of dollars’ worth of Ethereum NFTs from unsuspecting users’ wallets, the unknown pseudonymous entity referred to as Monkey Drainer employs sophisticated phishing techniques. It's crucial to remain vigilant and avoid clicking suspicious links or granting unauthorized access to your crypto wallets.
CryptoPunks and Otherside: Valuable NFT Collections
CryptoPunks are 24x24 pixel art images, generated algorithmically. Most are punky-looking guys and girls, but there are a few rarer types mixed in: Apes, Zombies and even the odd Alien. The rarity and historical significance of CryptoPunks contribute to their high value. Otherside, another popular NFT project, also commands significant value in the digital art world.
Stay Informed and Protect Your NFTs
The notorious scammer is back at 18K subscribers in the CryptoNews community. Discuss cryptography news from credible sources and prominent social media accounts. During the end of last month, Today NFT News reported $1,000,000 in Ethereum looted by the infamous hacker, Monkey Drainer. This incident serves as a stark reminder to stay informed, be cautious about interacting with unknown sources, and always double-check transaction details. Protecting your NFTs is paramount in the evolving digital landscape. ZachXBT, a blockchain investigator, claims that notorious non-fungible token (NFT) scammer Monkey Drainer has looted 20 Otherside works worth 520 ETH, or $800,000.