A recent report by blockchain investigator ZachXBT shows that one NFT user lost 6 Bored Ape Yacht Club (BAYC) and 40 Beanz Non-Fungible Tokens (NFTs). At the time of this writing, no official investigations have been channeled to recover the drained NFTs.
An NFT trader loses 6 X Bored Apes and 40 x Beanz NFTs
BAYC and Beanz are some of the most popular NFT collections in crypto. BAYC ushered in the NFT mania with the likes of Justin Bieber pouring $1.3 million into one Ape.
BAYC’s value has tanked since then. According to CoinGecko, today’s Bored Ape Yacht Club price floor is $33,963. That means one BAYC is worth 10.15 ETH.
ZachXBT reports that the user lost 6 BAYC NFTs to the drain. According to the current BAYC market value, the NFT holder has lost Apes worth 60.9 ETH, approximately $203,778.
Source: ZachXBT Telegram channel
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According to ZachXBT, the hacker’s address on etherscan is 0x0CD….54D28C, and the victim’s address is 0xd7b….6b7c36.
The hacker also stole 40 Beanz Non-Fungible Tokens (NFTs). According to CoinGecko, the BEANZ Official (BEANZ) price floor today is $694.15. One BEANZ NFT is worth 0.21 ETH. Hence, the stolen Beanz NFTs total 8.4 ETH.
The user lost Beanz NFTs worth $28,047 per the floor price. The total amount drained is 69.3 ETH, or approximately $231,825.
NFTs are not as popular as they once were, and neither are they as pricey. The NFTs market is witnessing a huge downturn in sales as the second half of 2024 begins.
According to data from Cryptoslam, the average NFT sale prices have tanked by nearly 60% between March and June 2024.
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