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The NFT market OpenSea has frozen 16 Bored Ape and Mutant Ape non-fungible tokens (NFT), which were reportedly stolen from an art museum operator in New York yesterday.
A total of 1 Clonex, 7 Mutant Ape Yacht Clubs and 8 Bored Ape Yacht Club NFTs currently worth about 615 ETH ($2.28 million) were stolen and cannot be traded on OpenSea.
The toddkramer.eth account linked to the Ross+Kramer Museum of Art in New York led to a series of tweets Refine 16 NFTs stolen from his hot wallet Plead Ask the OpenSea and NFT communities for help. Although the NFT community often expresses sympathy for the plight of traders, OpenSea has frozen the transaction of stolen items.
@gidwellsoon @Tob_Opensea @j1mmy I was hacked.please help
Ape 2771
Ape 6416
Ape 1623
Ape 1708
Ape 8214
Ape 7528
Ape 9988
Ape 9410Mutant 25057
Mutant 11177
Mutant 28752
Mutant 24718
Mutant 2436
Mutant 9278
Mutant 2434Clone 6801
-toddkramer.eth (@ toddkramer1) December 30, 2021
The freezing of buying and selling NFTs has led some traders to condemn the lack of decentralization, which is one of the cherished aspects of the cryptocurrency industry. A Twitter commenter kw.sol Say, “Who can freeze n? Asking a third party to do this feels very anti-encryption, and ideally they shouldn’t do it.”
The famous software engineer Grady Booch talked about the lack of decentralization in this situation Comment:
“Stupid me. Here, I think that code is the law, and one of the concepts of cryptocurrency is to eliminate the possibility of any centralized intervention.
A hot wallet is a cryptocurrency software wallet that connects to the Internet — the most common is MetaMask — as long as the device it is installed on is connected.
Kramer said on Twitter that he lost his collection through a phishing scam that allowed him to access his hot wallet after he clicked on a malicious link. After the sharp irony in the comments, he deleted the tweet.Kramer recently Tweet On December 31, he was surprised by the reaction:
Twitter is ruuuuuuthlesssss
-toddkramer.eth (@ toddkramer1) December 30, 2021
Although Kramer has little recourse in recovering stolen NFTs, his experience highlights the importance of good operational security (opsec) as a cryptocurrency trader or NFT collector.He said he learned a lesson about opsec when dealing with valuable cryptocurrencies Tweet yesterday:
“Learned a lesson. Use a hard wallet…”
A hard wallet, also known as a cold wallet, is an encrypted wallet that does not connect to the Internet until it is manually inserted into the computer, and then every transaction needs to be approved using a physical button. In terms of protecting encrypted assets, hard wallets are superior to hot wallets.
For NFT traders, especially those familiar with the Bored Ape Yacht Club series, Kramer’s ordeal is not a unique experience.
On December 26, NFT collector bergpay.eth Say When 5 Jungle Freaks and 2 Sandbox NFTs were stolen from his Ethereum wallet and his ENS domain was transferred to a new address, he suffered a fate similar to Kramer.
On November 30th, the Twitter account friesframe summarized frustration This can be overcome if NFT owners discover that their favorite items have been stolen from their hot wallets.
OpenSea has not frozen the NFT of bergpay or friesframe.
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