Pepe Creator's Projects Suffer Cyberattack Resulting in Significant Losses

--・Verified Binance official account

AI Summary

The recent cyberattack on Pepe creator's projects has led to over $1 million in losses, severely impacting investor confidence. Such significant breaches may deter future investments in the NFT space, potentially leading to stricter security protocols.

According to Odaily, blockchain investigator ZachXBT reported on the X platform that projects associated with Pepe creator Matt Furie, including ChainSaw's Replicandy and Peplicator, were attacked in mid-June. The attack is suspected to have been carried out by mistakenly hiring North Korean IT personnel. The attackers took control of contract permissions to mint and sell NFTs, causing the floor price to plummet to zero. Initial estimates suggest total losses exceed $1 million, with approximately $310,000 stolen from ChainSaw-related projects.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

PEPE

0.000009

-2.49%

Pepe Creator's Projects Suffer Cyberattack Resulting in Significant Losses

Latest News