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Expert cyber hacking groups can target NFT marketplaces, hack databases, and steal wallet private keys to siphon NFTs off somewhere else. According to this Yahoo! Alethea AI$1.8 million stolen: In a Discord compromise, Alethea AI fans were exploited for 840 ETH, which was worth around $1.8 million at the time (March 2025). OpenSea has two main security measures that kick in once an account has been “hacked”locking the compromised account and blocking the stolen NFTs. These two After draining the entire pool by repeating the process, a total of 3,087 ETH or $3.8 million was compromised. Seeking the stolen funds back, XCarnival reached out to the Hackers usually use phishing attacks to obtain NFT account credentials. Among the most basic steps to take in preventing these types of attacks is installing antivirus Hackers made away with about $3 million worth of some of the world’s most popular nonfungible tokens after gaining access to the Instagram account belonging to the In December 2025, NFT Trader was the victim of a hack. The attacker exploited vulnerabilities in the project’s smart contracts to steal high-value NFTs worth an estimated $3 million. Opensea sent an external email to all their users asking them to migrate all their nft's over to their new system. A scammer copied that exact email and just changed the link. Avoid contact with hackers by not engaging with any suspicious messages, texts, emails or websites. These are likely phishing attempts to try to download malware to

Did the Hacker Get Away With the $3.8 Million NFT Hack? Unraveling the Story

The NFT space is thrilling, but also vulnerable. Stories of significant hacks are unfortunately becoming more common, leaving many wondering, "Did this hacker get away with the $3.8 million NFT hack?". Let\'s delve into a recent incident and explore the security landscape.

The $3.8 Million XCarnival Heist

One notable example is the XCarnival incident. After draining the entire pool by repeating the process, a total of 3,087 ETH, equivalent to $3.8 million, was compromised. Seeking the stolen funds back, XCarnival reached out to the hacker.

How NFT Hacks Happen: Targeting and Tactics

Expert cyber hacking groups can target NFT marketplaces, hack databases, and steal wallet private keys to siphon NFTs off somewhere else. A common tactic is through phishing attacks to obtain NFT account credentials. Among the most basic steps to take in preventing these types of attacks is installing antivirus software. Scammers are getting increasingly sophisticated.

Real-World Examples of NFT Hacks

The XCarnival incident isn\'t isolated. Other significant breaches include:

  • Alethea AI: According to Yahoo!, in March 2025, Alethea AI fans were exploited for 840 ETH, which was worth around $1.8 million at the time, due to a Discord compromise.
  • NFT Trader: In December 2025, NFT Trader was the victim of a hack. The attacker exploited vulnerabilities in the project’s smart contracts to steal high-value NFTs worth an estimated $3 million.
  • Instagram Account Breach: Hackers made away with about $3 million worth of some of the world’s most popular nonfungible tokens after gaining access to the Instagram account belonging to the project.

What Happens After an NFT Account is Hacked? OpenSea\'s Response

OpenSea has two main security measures that kick in once an account has been “hacked”locking the compromised account and blocking the stolen NFTs. These two measures aim to limit further damage and prevent the sale of the stolen assets.

Staying Safe: Protecting Your NFTs

Protecting your NFTs requires vigilance. Be cautious of phishing scams. Opensea sent an external email to all their users asking them to migrate all their nft\'s over to their new system. A scammer copied that exact email and just changed the link. Avoid contact with hackers by not engaging with any suspicious messages, texts, emails or websites. These are likely phishing attempts to try to download malware to your device. Double-check links and never share your private keys. Remember, prevention is key to avoiding becoming a victim of an NFT hack.

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