April 19, 2025
Blockchain

Immune experts estimated the value of 134 stolen BAYCs at $13.6 million

  • August 30, 2022
  • 0

According to experts of the Immunefi bug bounty platform, 143 tokens from the Bored Ape Yacht Club (BAYC) NFT collection, which have been marked as suspicious activity by

Immune experts estimated the value of 134 stolen BAYCs at .6 million

Immune experts estimated the value of 134 stolen BAYCs at $13.6 million
Immune experts estimated the value of 134 stolen BAYCs at $13.6 million

According to experts of the Immunefi bug bounty platform, 143 tokens from the Bored Ape Yacht Club (BAYC) NFT collection, which have been marked as suspicious activity by the OpenSea market, cost $13.58 million.

Of the 143 tokens worth $12.64 million, 134 maintain this status.

The most expensive BAYC in this example was last traded at 194 ETH ($267,914).

Such NFTs cannot be bought, sold or transferred using the OpenSearch feature.

OpenSea does not store tokens on the platform. Attackers can use other services or interact directly with relevant users to transfer or sell stolen NFTs.

After the transfer of ownership, the token may lose this markup. Immunefi cited Bored Ape #9988 as an example. NFT exchanged hands with Bored Ape #753 as a result of 6.13 ETH swap in NFTX liquidity pool.

Experts reminded that the best protection of tokens against intruders is cold storage of assets. Users fall into the trap of hackers through phishing, malicious links and programs and viruses.

In the event of an attack on the NFT market, experts recommended revoking any access to the platform and moving the tokens to a hardware wallet.

Recall that Immunefi estimated the loss of crypto projects from hacks in the second quarter at $670.7 million.

According to the results of January-March 2022, the indicator reached 1.22 billion dollars.

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Source: Fork Log

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