NFT Rare Bears holders lost $800,000 as a result of a hacker attack

The Rare Bears NFT project has been hacked. The attacker posted a phishing link on the project's Discord channel, thanks to which he managed to steal 179 non-fungible tokens from various collections, including Rare Bears, CloneX, Azuki, "mfer" and 6 LAND tokens of The Sandbox metaverse, according to Peckshield.

Most of the stolen NFTs have been sold, the hacker managed to raise 286 ETH, which is almost $800 thousand. A significant part of these funds was transferred through the Tornado Cash mixer, which is used to confuse transactions and hide the origin of funds.

The Rare Bears team said that a hacker gained access to the project's Discord moderator account and posted an announcement about the release of new NFTs. Once users followed the link and connected their wallets, they lost access to the content. Also, the attacker banned other project managers, so they could not remove the phishing link. The hacker, with the help of a bot, blocked all the channels on the server, so they could not report that the link was fraudulent.

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