$3.23 Million Worth Of NFTs Were Stolen In April, The Lowest Level At The Moment
Non-fungible tokens (NFTs) have spurred renewed interest in blockchain technology. Although this market has been slowly losing its traction recently, scam activity is not the same, this April, the level of theft on popular NFT markets has decreased but is more concentrated in Blur. According to PeckShieldAlert’s early warning and monitoring, in April 2023, NFTs worth approximately $3.23 million were stolen, a decrease of 68% from the previous month.
The recent theft of MAYC #8530, an NFT, has reignited these fears. In this post, we will go into the specifics of the robbery, the blockchain community’s reaction, and what it implies for the future of the NFT business. MAYC #8530, an NFT, was allegedly unsold for 528 days before being stolen. The most recent transaction prior to the heist was for 7.45 ETH, which is equal to $14,195.30. The MAYC #8530 sold for a 10.7 Blur Pool shortly after PeckShield’s notice. Regardless of one’s feelings about theft, it is evident that security will remain a big problem in the NFT industry. As the value and ubiquity of NFTs rise, it is expected that hackers and other harmful actors will become more focused on exploiting system weaknesses.
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@Facebook_Metaverse_Nfts
