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The attackers hacked into the Discord account of the administrator of the Monkey Kingdom NFT project and posted a phishing link in the group chat before the start of sales. Users lost 7056 SOL (about $ 1.3 million).
Update on our investigation of the Discord hack pic.twitter.com/9PP8KJiLLj
— Monkey Kingdom (@MonkeyKingdom_) December 22, 2021
Monkey Kingdom representatives said that the hack was due to the security flaws of Grape, a solution for identifying users on Solana, which is used by most NFT projects.
They also promised to compensate for the stolen funds and asked to tell the community about receiving the refund.
Monkey Kingdom community, we have your back! We have begun processing compensation requests and will be contacting individuals starting today. Thank you for your patience! Once you receive your compensation, please kindly share the news with the community. For the Kingdom!! 🙌💎 pic.twitter.com/TVbuSqdKtq
— Monkey Kingdom (@MonkeyKingdom_) December 22, 2021
Launched on November 27, the Asian project Monkey Kingdom contains 2,222 NFTs in the form of pixelated monkeys in various outfits.
Previously, the Fractal NFT platform faced a similar hack. The cybercriminals also posted a phishing link on her Discord.
Users lost about 800 SOL (almost $ 150,000). The project has promised to refund the stolen funds.
Recall, according to Crystal Blockchain, over 10 years the total damage to cryptocurrency platforms and their users from the actions of hackers and fraudsters exceeded $ 12 billion.
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