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Hacker steals 4 MAYC NFTs using less than $15

source-logo  crypto.news 20 July 2023 11:22, UTC

While the NFT sales volume shows a downtrend, a hacker called “Fake_Phishing182232” stole four Mutant Ape Yacht Club (MAYC).

According to a tweet by the blockchain security and intelligence firm PeckShield, the hacker pocketed the collectibles — MAYC #8265, #6840, #7840 and #4843 — from MAYC’s platform.

#PeckShieldAlert #Phishing #NFT 4 #MutantApeYachtClub are stolen by #Fake_Phishing182232https://t.co/EMT83FwEmPhttps://t.co/StYhSHIMOQhttps://t.co/Qzje6bRX1thttps://t.co/gHRtShBkU0 pic.twitter.com/X8ADnjeUgT

— PeckShieldAlert (@PeckShieldAlert) July 20, 2023

Per the on-chain data, the exploiter paid only $14.94 to transact the collectibles to his wallet, while all four transactions were completed within five seconds.

While the hacker didn’t pay anything for the NFTs, data provided by CryptoSlam shows that the average floor price of MAYC collectibles is around 6.07 ethereum, worth roughly $11,500 at the time of writing.

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It’s important to note that MAYC’s sister collection, Bored Ape Yacht Club (BAYC), witnessed a significant decline of 90% in its average floor price. BAYC’s bottom price was around $600,000 in May 2022, but currently worth around $60,000.

Moreover, MAYC sales volume has risen by 77.7% in the past 24 hours, currently sitting at $573,000, according to CryptoSlam. While MAYC’s trading volume gained bullish momentum, the total NFT sales have dropped by over 20% — totaling $14.9 million at the time of writing.

Per CryptoSlam, the number of NFT buyers and transactions has also plunged to 55,288 and 217,860, respectively.

On the other hand, a report on July 3 shows that the amount of NFT thefts has fallen by 23% since May. Hackers have stolen roughly $2.27 million worth of digital collectibles in June, with the Blur marketplace becoming the favorite place with an 86% share of the looted NFTs.

Read more: Dormant whale awakens after 8 years, moves over $116 million of Ethereum to Kraken

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