After breaking into Unchained NFT’s Discord this Monday (23), a hacker gained access to the wallets of 109 investors and emptied them. However, developers and the community came up with a plan to get revenge on the hacker, and it worked.
Such attacks on Discord channels were frequent in May, affecting both the giant Axie Infinity and other projects related to cryptocurrencies and NFTs. Despite several warnings from the media, unfortunately some people fell for this scam.
In practice, hackers gain special access to these channels and then post fake ads. Finally, the most inattentive users click on suspicious links and then give up access to their wallets, losing all their money.
Community takes revenge on NFT hacker
Although the hacker focused on the Unchained NFT channel, several users lost NFTs from other collections. According to information, 109 people were affected by this attack, losing an amount equivalent to more than 150 Solana (SOL), or R$30,750.
A single user lost 25 NFTs from the World of Solana (WoS) collection, the base price of which is 2 SOL (R$410) and can be higher depending on rarity and other factors.
With that, the community and developers of this project came together to recover the collector’s lost art. The plan was simple, keep an eye on the markets and then increase the royalty rate to 98% meaning all the money would be in the hands of the developers.
Two days later, the hacker put the 25 World of Solana NFTs up for sale. All were immediately purchased by the community, who then returned the NFTs to their true owner in exchange for a refund from the team. The hacker, on the other hand, made no profit and must not have even understood what was happening.
Security is key
Since investors are responsible for their own money, it is critical to maintain a minimum level of safety. Leaving larger amounts in a separate wallet than the one you use on a daily basis is one of them.
Moreover, new techniques such as deepfake and social media hacks can fool even the most advanced users. Therefore, all care is needed when it comes to money and investments.
Fortunately, in this case, this community was able to recover the victim’s NFTs. However, most hacks don’t have the same happy ending and are never solved, which serves as a warning to everyone.
Source: Live Coins
John Cameron is a journalist at The Nation View specializing in world news and current events, particularly in international politics and diplomacy. With expertise in international relations, he covers a range of topics including conflicts, politics and economic trends.