Kevin Rose, the creator of Moonbirds, loses $1.1M+ in NFTs after one mistake.

  • One Autoglyph NFT and 25 Chromie Squiggles were two nonfungible tokens (NFTs) taken from the co-founder of PROOF.
  • Moonbirds lost $1.1 million, said co-founder Kevin Rose. 
  • He said to wait to buy Squiggles NFTs until we officially announced that we covered our hacked account. 

According to Kevin Rose, the co-founder of NFT Moonbirds, they were the victims of a phishing fraud that caused the theft of their personal NFTs, valued at more than $1.1 million. 

The NFT creator and PROOF co-founder told his 1.6 million Twitter followers not to buy Squiggles NFTs if the team could have reported them stolen on January 25.

Kevin also tweeted that “I got phished today.” As a warning, we’ll cover every aspect live on Twitter. Here is how it transpired:”

According to Arkham, the exploiter took at least one Autoglyph, which has a floor price of 345 ETH, 25 art blocks, also known as Chromie Squiggles, valued at a minimum of 332.5 ETH, nine OnChainMonkey outgrowths, esteemed at 7.2 ETH, and at least one Autoglyph. And the overall total is 684.7 ETH, which is $1.1 million. 

Rose stated that they should have been Siliong his NFT assets in different wallets. To prevent this, transfer assets from your vault to an additional “selling” wallet before listing on NFT markets. 

Typically, the NFT (the offer) and some Ethereum (the consideration) make up an OpenSea offering. However, consideration items do not need to be in Ethereum. They don’t even need to exist.

On OpenSea, users should never unintentionally do something like this.

Contrarily, a phishing website The wallet’s contents may be readily read by a website, which can then generate a lawful order with all of your assets (OpenSea authorizes that) on the offer side and nothing on the consideration side.

Ryan Sean Adams, the creator of Bankless, was furious about how easily He might have taken advantage of Rose. Adams asked front-end engineers to step up their game and enhance user experience (UX) to stop these frauds in a tweet on January 25.