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Nifty News: 3 Bored Apes gone phishing, fantasy.top fees beat Tron and more

CointelegraphCointelegraph2024/05/09 04:34
By:Jesse Coghlan

Bored Ape owner loses 3 rare NFTs to phishing attack

A phishing attacker has pilfered three rare-trait Bored Ape Yacht Club nonfungible tokens (NFTs) worth a total of around 56 Ether ( ETH ), or $167,500 from one unlucky holder.

On-chain investigator ZachXBT first noted the transaction showing the three Bored Apes being moved out of the wallet labeled “tatis.eth” to an Etherscan-labeled known phishing wallet.

The on-chain transaction shows the three Bored Apes on the move. Source: Etherscan

It’s not known exactly how the attack was carried out but the attacker wallet appears to use the wallet drainer-as-a-service Pink Drainer .

Typically such phishing attacks spoof X accounts and websites of crypto projects like Bored Ape creator Yuga Labs’ aiming to pull in crypto users to connect their wallets with promises of rewards.

The attacks can also be more targeted, especially toward wallets home to big-ticket NFTs or large sums of crypto. Either way, once a targeted user connects their wallet to a drainer — it’s plundered.

This time, the phisher got Bored Apes #7531 , #6736 and #2100 which among them have the respective rare traits of white fur which just 4% have, a small grin which 3% have, and “Bored Pizza” only seen in 0.5% of the 10,000-strong collection, according to OpenSea.

Crypto influencer NFT cards “fantasy.top” beat Tron on fees

NFT trading cards splattered with images of crypto influencers have made more fees than the blockchain Tron over the past week as Crypto X has seemingly piled into the buzzy project.

“Fantasy.top” on Coinbase’s Ethereum layer 2 Blast launched on May 1 and over the past seven days raked in $9.3 million in fees — the fifth-most profitable crypto project and topping Tron’s $8.73 million earnings, per DefiLlama.

The top 10 protocols by seven day fees. Source: DefiLlama

In the last 24 hours fantasy.top was the seventh-most fee-earning protocol with over $924,000, below Tron’s $1.39 million. For comparison the next highest fee-earning NFT-related project was Blur at about $28,700.

Fantasy.top users can trade cards of crypto personalities and those featured on the card get 1.5% of the trading volume and 10% of fees from card “packs” — multiple cards bundled together.

The highest-priced NFT cards include Blast founder “Pacman.” Source: fantasy.top

The earning incentive has given influencers the push needed to plug the protocol to their followers and the shilling seems to have paid off with fantasy.top paying out a total of $1.25 million worth of ETH to card-featured influencers on May 7.

Source: Cirrus

CryptoPunks sales saw Ethereum briefly top NFT market

Ethereum was briefly back as the top NFT sales chain as trading of the blockchain’s early NFT collection CryptoPunks pulled it to the lead over the last 24 hours.

CryptoPunks saw over $1.1 million in volume over seven transactions, placing it in second for sales volume for the day behind uncategorized NFT-like Bitcoin Ordinals, according to CryptoSlam!

It pulled Ethereum sales volumes to over $6.7 million, just above Bitcoin which has posted consistently strong NFT sales numbers since at least March .

Earlier today, Ethereum was the 24-hour leading chain for NFT sales volume. Source: CryptoSlam!

Ethereum’s time at the top didn’t last. At the time of writing Bitcoin was back on top with $6.6 million in volume to Ethereum’s $6.2 — the latter seeing 24-hour sales volumes drop by nearly 14%, unable to keep pace with the growing Ordinals volume over the same time.

Three of the top five most traded NFTs in the last day were Bitcoin-based, two of those saw volumes rise. Source: CryptoSlam!

Sorry Ronaldo, Binance NFT holders are still allowed to “siuuu”

A Miami federal judge denied soccer star Cristiano Ronaldo’s motion to dismiss a $1 billion class-action suit over his Binance-tied NFTs.

In a May 4 order , Florida District Court Judge Roy Altman granted the class group’s request to stay the trial and flatly denied Ronaldo’s April 25 bid to toss the suit.

The full text of Judge Altman’s paperless order. Source: CourtListener

A group of Binance users hit Ronaldo with the suit in November, alleging they took losses on “unregistered securities” featured on Binance because he promoted the exchange.

Related: Blockchain education initiatives take off amid crypto bull market

Ronaldo had three Binance-tied NFT collections and the suit claimed those who signed up to the exchange to nab them were likely to hang around and use Binance for crypto investing.

In his dismissal bid, Ronaldo’s lawyers argued he had nothing to do with what the suit claimed Binance did and the American-based complaint had no sway over the Portuguese-born resident of Saudi Arabia.

Other news

Donald Trump hosted a dinner for holders of his NFTs at his residence in Florida in his time off court where he’s charged with faking business records to pay $130,000 to porn star Stormy Daniels to keep quiet about an alleged affair.

NFT conglomerate Yuga Labs last month initiated a round of layoffs as it restructured to focus more on its long-in-development Otherside metaverse.

NFT Collector, DCinvestor: Is this the best NFT collection in the world?

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Disclaimer: everything in the article represents the author's point of view and has nothing to do with this platform. This article is not intended to be used as a reference for making investment decisions.

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