NFTs News

Hacker Stole $375,000 From Premint NFT Platform Users

A hacker gained access to the official website of Premint, an NFT whitelisting platform, and stole $375,000 in NFTs.

Hacker Stole $375,000 From NFT Platform Users

A black hat hacker injected a malicious piece of JavaScript code on premint.xyz, instructing users to sign a malicious transaction via a wallet pop-up, according to security firm CertiK. Six users signed the code, granting the hacker complete control over the funds.

“Last night, a file was manipulated on PREMINT by an unknown third party that led to users being presented with a wallet connection that was malicious,” the Premint team stated.

The hacker was able to steal 314 different PREMINT NFTs before the exploit was discovered

Hacker Stole $375,000 From NFT Platform Users

NFTs from collections such as Bored Ape Yacht Club, Otherside, Moonbirds Oddities, and Goblintown were included.

The stolen assets were sold for 270 ETH ($375,000) around 07:30 a.m. ET on Sunday. The hacker transferred the proceeds to this address and routed them through Tornado Cash, a popular transaction mixer on the Ethereum network.

The exploit is part of a growing trend in which hackers exploit vulnerabilities in traditional web infrastructure to conduct security exploits on web3 projects.

Last month, hackers used decentralized finance projects Ribbon Finance and Convex Finance’s websites to launch phishing attacks. In other cases, Discord servers, Twitter, and Instagram accounts have been used to spread phishing links intended to steal cryptocurrency and NFTs.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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