Tag Archives: NFT

Monkey Drainer has wreaked havoc yet again after stealing $800k worth of seven Crypto Punk and twenty Otherside NFTs, according to on-chain sleuth ZachXBT. Blockchain security firm, PechShield, also confirmed that the theft was carried out by a wallet tagged as Monkey Drainer. The stolen funds were then transferred to the coin mixer Tornado Cash. ZachXBT also revealed that Monkey Drainer was recently used when both AJT and Gabriel Leydon were sim swapped. He added, “Prior to...

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The new NFT custody platform from Seba Bank is designed to let users securely store their NFTs without having to deal with managing their own private keys.Seba Bank has launched its first NFT service, an institutional-grade, certified, and independently audited hot and cold storage custody product for blue-chip NFTs.The new service will now enable the Swiss bank’s retail and institutional clients to store tokens of Ethereum-based NFT collections including Bored Apes and CryptoPunks in the...

News has come about that the non-fungible token (NFT) marketplace has experienced a huge lapse in trading. So much, in fact, that it’s down roughly 97 percent from its all-time high recorded in January of this year. That means in just under ten months, the world of non-fungible tokens has practically become non-existent. The NFT Space Is Burning This cannot simply be attributed to the general collapse of the crypto market. It’s one thing to say BTC and ETH are suffering,...