Reports indicate, and the peer-to-peer non-fungible token (NFT) market platform has confirmed, that the NFT platform NFT Trader experienced a security breach. An assailant exploited an outdated smart contract, resulting in the theft of nearly $3 million worth of esteemed digital collectibles, including those from the Mutant Ape Yacht Club (MAYC) and Bored Ape Yacht Club (BAYC) NFT collections.
High-Value Bored and Mutant Ape NFTs Snatched in NFT Trader Security Breach
The NFT trading platform NFT Trader has been compromised, resulting in a loss estimated at approximately $2.85 million in high-value NFTs. On Saturday, NFT Trader issued a public statement on X, warning, “We’ve suffered an attack on old smart contracts, please remove the delegation using revoke cash to the following addresses,” and provided two addresses along with the affected smart contract addresses.
Revoke Cash X’s official account revealed that the thief absconded with around $3 million in NFTs, “mostly Bor
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