NFTs

Guard your NFTs

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William M. Peaster William M. Peaster Apr 15, 20222 min read
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Guard your NFTs

Dear Bankless Nation,

A new type of NFT scam started raging across Twitter this week.

I’ve seen a few people fall prey to the nefarious ploy already, so I wanted to highlight what to watch out for. The flow is as follows:

  1. Attackers purchase a verified Twitter account, then change the account info to superficially pose as a co-founder of the Azuki NFT collection.
  2. They follow-up with a tweet about a “surprise mint,” though the link is to a malicious site designed as a trap to compromise unsuspecting NFT collectors.
  3. Finally, the culprits tag NFT collectors in tweets below the attack tweet hoping to bring as many eyes in as possible.

Hackers are going to keep developing new ways to try to steal choice NFTs like this. Remain vigilant in kind, adapt your security practices, and if something seems weird then ask and wait for guidance from others you trust!

-WMP


🛒 NFT News & Platforms

  • Catddle introduced ERC721-O, a new standard for omnichain NFTs.
  • CryptoFighters Alliance introduced ERC721R, a new standard that allows minter to return NFTs for refunds.
  • LooksRare is now officially audited.
  • Offchain Labs launched The Arbitrum Odyssey NFT event in partnership with Ratwell and Project Galaxy.
  • Sina Estavi is having trouble reselling the NFT of Jack Dorsey’s first-ever tweet.

🏆 Digital Collectibles

  • CryptoPunk #7756 was acquired on the secondary marketplace for 1,050k ETH:

🎨 Cryptoart

🎮 NFT Gaming

  • The U.S. Treasury Department confirmed that North Korean hacking outfit Lazarus Group was behind the Ronin bridge attack.
  • TreasureDAO to become the decentralized Nintendo of the future? Two Treasure co-founders made the case on this week’s Alpha Leak episode.

💽 Music

🌐 Virtual Worlds

💎 DeFi x NFTs

  • Uniswap (whose LP positions are represented by NFTs) just launched a customizable Swap widget:

Action steps

William M. Peaster

Written by William M. Peaster

632 Articles View all      

William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he writes the Metaversal newsletter on the onchain frontier, covering everything from AI projects to crypto games, as the team’s lead NFT analyst. With a background in creative writing, he writes fiction and publishes art on Ethereum in his free time. He lives in Washington.

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