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29 Moonbirds NFTs stolen from owner by hacker

27.05.2022

29 Moonbirds worth roughly 750Ethereum ETH $1.5 million were stolen from their owner DigitalOrnithologist on Tuesday. The victim lost their NFTs after accessing a phishing link provided by a fraudster, according to a tweet by CirrusNFT on Wednesday morning.

Moonbirds is an Ethereum NFT collection of over 10,000 cartoon-style owls PFP pictures for proof that investors holders are granted access to the PROOF community and given the ability to nest their NFT owls to accrue rewards and future benefits.

Phishing is a social engineering type of scam in which attackers send their potential victims links to malicious sites that appear to be reputable websites for financial transactions. The victim then gives access to their financial details, wallets, bank details and other sensitive information when he enters sensitive information into the site. The attacker then steals the victim's funds.

The person behind the phishing attack is identified by Twitter user 0 xLosingMoney. The user named DVincent has now deleted his account after he linked the scam to a user named DVincent. 0 xLosingMoney posted a screenshot of the account and site that was allegedly used by the hacker to steal 29 Moonbirds NFTs.

DVincent approached the victim, offering to trade the NFTs through the p 2 peers.io website, which has now been taken down. The victim went to the site and approved the hacker's wallet, allowing them to steal the victim's NFTs.

There isn't much information on how the attack was carried out, but it's most likely a malicious connection request. Some phishing attacks ask users to approve a specific function and connect their wallets. The function that is being approved could be a function that allows an external user to access their wallet and transfer out of the contents.

CirrusNFT believes that the victim has been lured into a fake trading site and tricked into signing a malicious transaction.

Over the past few months, the NFT space has been hit with a lot of hacking and phishing attacks. In February, the Open Sea NFT marketplace suffered a phishing attack in which hackers stole millions of dollars worth of NFTs. In March, over $615 million worth of ETH was stolen from the Ronin Network of Axie Infinity.

NFT and crypto investors must be vigilant to protect themselves from future phishing attacks. Users should not visit any sites or connect their wallets to them if they have any doubts about their authenticity.