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Phishing Scam Swipes Rare Bored Ape NFTs Worth Over $167,000

Phishing Scam Swipes Rare Bored Ape NFTs Worth Over $167,000

Phishing Scam Claims Three High-Value Bored Ape NFTs

In a recent unsettling development in the crypto space, a phishing scam led to the theft of three Bored Ape Yacht Club NFTs, collectively valued at approximately 56 Ether (ETH), or $167,500. The scammer transferred these rare Bored Ape NFTs from the wallet “tatis.eth” to another wallet that Etherscan recognizes as associated with phishing activities. The rarity of the stolen NFTs’ traits makes the loss even more significant for the owner.

The phishing method used remains unclear, but it appears linked to the notorious Pink Drainer service, often used in such scams. Typically, these phishing schemes lure victims by mimicking legitimate crypto projects or offering deceptive rewards, enticing users to connect their wallets to malicious sites.

The stolen Bored Apes stand out because of their rare features; one has white fur, a trait shared by only 4% of the collection, another boasts a small grin found in just 3%, and the third features the “Bored Pizza” trait, incredibly rare at 0.5% occurrence within the collection.

Fantasy.top NFTs Surpass Tron in Transaction Fees

Turning to a lighter note in the NFT domain, the Fantasy.top platform has recently outpaced the blockchain network Tron in terms of transaction fees. Over the past week, Fantasy.top, which operates on Coinbase’s Ethereum layer 2 solution Blast, generated $9.3 million in fees, positioning it as the fifth-most profitable crypto project for that period. This growth in popularity is akin to the rising interest in rare Bored Ape NFTs within the broader NFT market.

Fantasy.top offers trading cards featuring popular crypto influencers, allowing users to engage in trading these digital assets. The influencers featured on these cards benefit directly, receiving 1.5% of the trading volume and 10% of fees from sold card packs. This incentive model has successfully driven significant traffic and interaction on the platform.

Ethereum Reclaims Top Spot in NFT Sales Thanks to CryptoPunks

In another noteworthy event in the NFT landscape, Ethereum briefly regained its position as the leading blockchain for NFT sales, thanks to a surge in CryptoPunks transactions. Over a 24-hour period, CryptoPunks amassed over $1.1 million in sales across seven transactions. This spike in activity propelled Ethereum’s total sales volume to over $6.7 million, surpassing Bitcoin during the same timeframe.

However, this lead was short-lived as Bitcoin quickly reclaimed the top spot, demonstrating the highly competitive and volatile nature of the NFT market.

Ronaldo’s Legal Challenge with Binance NFTs Continues

In the realm of celebrity endorsements, Cristiano Ronaldo finds himself entangled in a legal battle over his association with Binance NFTs. A Miami federal judge recently denied Ronaldo’s motion to dismiss a $1 billion class-action lawsuit accusing him of promoting unregistered securities through his NFT collections on Binance.

The lawsuit underscores the complexities and risks associated with celebrity endorsements in the crypto space, particularly when it involves financial products like NFTs.

For more insights into the evolving world of blockchain and NFTs, including educational resources and market trends, explore our detailed coverage on Blockchain Education and stay informed about the latest developments.

As the digital landscape continues to evolve, the incidents of NFT thefts and the dynamic shifts in transaction fees highlight the importance of staying vigilant and informed. Whether you are a seasoned crypto trader or a newcomer to the space, understanding the risks and opportunities in the blockchain and NFT markets is crucial.

For those interested in diving deeper into the world of NFTs and blockchain technology, consider exploring our comprehensive articles on Top Web3 Books and Blockchain Opportunities for New Graduates.

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