Stock Groups

Hong Kong NFT project Monkey Kingdom loses $1.3M in phishing hack, launches compensation fund -Breaking

[ad_1]


Nonfungible token project Monkey Kingdom (NFT), which is supported by American DJ Steve Aoki (NYSE:), announced Tuesday via Twitter that hackers stole $1.3 Million of crypto funds from the community through a Discord security breach.

The hack began with Grape being hacked, an easy way to verify Solana users. The exploit was then used by hackers to gain control of an administrative account. They posted a link in Monkey Kingdom Discord’s announcement channel. People who clicked the link thought they’d receive an NFT, but were actually robbed of their SOL tokens.