22/12/2021 Twitch Co-Founder Gets Discord Hacked, $150,000 Stolen From Users In NFT Scam

If only somebody, anybody could have seen this coming

A very professional font choice from the scammers

Justin Kan, a co-founder of Twitch and the dude Justin.TV was named for,last week decided to launch a site called Fractal, which would be a ‘marketplace’ where in-game items could be bought and sold as NFTs. Later, in Fractal’s Discord server, a link appeared advertising a drop of 3333 NFTs. You may have guessed what happened next.

As Twitch reporter Zach Bussey has detailed, the message, which appeared legit since it was coming from inside the house, had actually been posted by someone gaining access to Fractal’s Discord bot, and pointed towards Fractai, not Fractal. The scammers managed to ‘sell’ 3294 NFTs before the plug was pulled. There were of course no actual NFTs being sold at all, just money being straight up stolen—over $150,000—though you’d be forgiven for wondering what the difference is.

In response, the Fractal team issued a statement acknowledging the breach, along with a promise they are “going to make this right”.

Dear Fractal community,

Earlier today, approximately 373 of our community members fell victim to a scam posted on our Discord. We are sorry. We are going to make this right.

The hacker made out with ~800 sol (~$150,000) by managing to post a fake mint link in our #announcements channel. With over 100,000 members in our community, it’s quite impressive that the hacker only managed to dupe .3% of our community.

Not sure this is the time to be congratulating yourselves, but go on. Fractal say they are “planning to fully compensate these 373 victims”, before adding the extraordinary warning that “We must use our best judgement as there’s no ‘undo button’ in crypto”, making the entire post read like a textbook example of showcasing why this is such a shitty space.

Meanwhile Kan issued a short video statement of his own, alongside warnings that this Discord scam had been perpetrated on other NFT communities as well:

Arts

twitch-co-founder-gets-discord-hacked-150000-stolen-from-users-in-nft-scam

Interesting NFTs
Verifactory
The factory process behind the making of a verification badge. 10-second loop, 30 fps. Created using Cinema4D, X-Particles, TurbulenceFD, Redshift, and After Effects.
The Moth Catcher
In this psychologically bed-headed portrait, a creature sets in a trance; his eyes devolved and vestigal, his third eye open but hardened and in a form resembling a Sharingan. The imagery therefore expresses an awareness existing in corporeal introspection. The creature’s mind sprouts, on the left side, an emerging face, grinning. To the right side of the head, red tentacles and fingers intertwine–a collaboration of invertebrate and vertebrate consciousness cooperatively handling paint brushes of the sort used to build an oil painting. The neck and throat bristle with random thorns, as from a rose or the upper portions of a beak sprouting from its flesh. The neck itself disassociates into layers of membranous material, terminating upon an abstracted base of convoluted forms composing its body. The nose is virtually non existent, more a sinus reiterative of the shape of the third eye. Set against the exposed teeth peering out of thick, meaty cheeks, a skeleton-like impression results. That impression sets behind a visceral set of lips and tongue, which is the creature’s prime seat of awareness. Sensual, organic, the tongue organ hangs, meaty, and with consciousness of a sea cucumber. It illuminates at the tip, drawing the attraction of a nearby moth–with mystery of purpose.
Arin Hanson
Heyo! I'm Arin Hanson. I'm often referred to as the Lisa Simpson of the group. Some people say I'm the Lisa Simpson of the group. I look forward to riding dirty with you.
#46782
By OthersideDeployer
Who Is The Creator 2
The idea for this piece was borne out of a tweet of mine that caused a bit of a stir. I’d posted a link to a blog article I’d written a number of months previous titled ‘Who is the Creator’ discussing various types of creative collaborations and why I hire people to work on my animations. It generated a lot of debate around creation and attribution with the community split on whether it’s right or wrong for an artist to hire other professionals to help them realize their art projects. I decided to push the boundaries even further and see how the cryptoart community responded. What if I quite literally had nothing to do with the physical or digital elements of the work other than coming up with the concept and coordinating it? I decided there was one artist in the space who could add huge value to this idea on levels that none other could and so I gathered my courage and contacted the great JosĂ© Delbo to ask him if he’d be interested in a very unique collaboration. I explained to him that to make this piece ‘work’ he couldn't have any say in what I produced and moreover, he wouldn’t even be allowed to see the animation until it was dropped on MakersPlace. To my surprise, Mr Delbo agreed to my proposal. The animation tells the story of the creative process, which includes my roles as writer, director, and producer working with a team and making edits and changes ‘in real time’. The dialogue between myself and my ‘hired guns’ plays out in front of the viewer. The music written for the piece adds to the nostalgia of the comic book superhero theme but other elements such as the snapping and kicking of the pencil and the signing of my signature at the bottom incorporates further layers and challenges the viewer to ask important questions, such as, is the ‘Art’ the final animation (the creation) or is the ‘Art’ the concept/credit for the creation itself?