18/12/2023 NFT Trader’s stolen Apes returned after bounty payment

NFT Trader’s stolen Apes returned after bounty payment

The hacker returned 36 BAYC and 18 MAYC after receiving a 120 Ether bounty payment from Yuga Labs co-founder Greg Solano.

All Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) nonfungible tokens (NFTs) stolen from the peer-to-peer trading platform NFT Trader have been returned after a bounty payment.

NFTs worth nearly $3 million were stolen in the hack on Dec. 16. As per public messages, the attackerattributedthe original exploit to another user. “I came here to pick up residual garbage,” they wrote, requesting ransom payments to return the NFTs.

“If you want these NFT’s back then you need to pay me 120 ETH […] and then I will send you the NFT’s, it’s as simple as that, and I never lie, believe me […],”readsone of the messages.

A community initiative led by Boring Security — a non-profit Web3 security project funded by ApeCoin — recovered all the assets in less than 24 hours after paying the 120 Ether (ETH) bounty, worth around $267,000 at the time of writing.

“All 36 BAYC and 18 MAYC that the exploiter had are now in our possession. We sent her [the hacker] 10% of the floor price of the collections as bounty,” the Boring Security teamwroteon X (formerly Twitter).

Congratulations to the@BoringSecDAOin getting back those Apes.

Well done. ✅@BoredApeYCpic.twitter.com/brVGQ58Sg2

— realniceguy.eth ❄️ (@realniceguy_SRH)December 17, 2023

The bounty was paid by Greg Solano, co-founder of Yuga Labs. The company is the creator of both the NFTs collections and supported negotiations to recover the tokens and return them to their original owners for free.

According to “Foobar", pseudonymous founder and developer of Delegate, the vulnerability was introduced 11 days ago after a smart contract upgrade allowed the misuse of a multicall feature, enabling unauthorized transfers of NFTs from their rightful owners due to previously granted trading permissions.

The incident prompted calls for users to revoke all permissions granted to two old contracts 0xc310e760778ecbca4c65b6c559874757a4c4ece0 and 0x13d8faF4A690f5AE52E2D2C52938d1167057B9af. The NFTs could be stolen again if approvals are not revoked, Foobar said. The developer assisted NFT Trader's team in stopping the attack shortly after it was discovered.

Arts

https://cointelegraph.com/news/nft-trader-stolen-bayc-mayc-returned-bounty-payment

Interesting NFTs
Crossroad
LIMITED EDITION 1/1 | includes signed limited edition prints of all 3 states (pre-election, Trump win, Biden win) This piece is a first for Nifty, a token that will change based on the outcome of the election. If anything is constant about the times we now live in, it's uncertainty. This uncertainty is perfectly encapsulated in this piece of artwork as the person buying the piece will not know the final artwork. The artwork will be one state at auction before the election, and after the results of the election are known, will forever change to reflect a Trump or Biden win. PLEASE FUCKING NOTE: If trump wins, this token will change to that video of sexy boi king trump stomping through hell FOREVER. I don’t want you coming back to me bitching that you spent $2M* on this and now it’s a video of orangeman going HAM and it’s keeping u up at night popping mad boners. should have voted bruh. *and stfu that this isn’t gonna be worth a fuckton more when I hit 30 years of everydays and have a permanent collection in the MOMA. smh.
Gen18 grey
Ciao! I'm Gen18 grey. I've never told anyone this, but I once licked a dog. When no one's home, I invite my pals over and we listen to Metallica. I hope we can be preposterous friends.
Domestic - 2017
“Domestic is the manifestation of the cultural patriarchy in my home. The wooden "woman's" tragedy of false desire. It was done in a moment of breakup. The hollow 3d body & its lost eyes, invites you to fill up. Trying to reach out, encumbered and wrapped in its own fragility, the new mother rises."
Beautiful Worlds
Welcome to the ‘Beautiful worlds’ where nature and technology have merged into a single entity. These are Ai generated and hand finished visions of solarpunk future in which I would really like our future generations to live and prosper: the future we might have if we took the very “alternative route” which now lies before us: replacing states and corporations which free federations of communities and cooperatives, using decentralist and ecological technologies to create a world beyond economic scarcity and social hierarchy, defined by autonomy, mutual aid, diversity, and inclusiveness. The long-term goals of solarpunk are freedom and well-being for all by adopting and developing such ecological technologies as: solar, wind, wave and geothermal energy rather than oil or gas to generate electricity; a world of decentralized eco-cities, permaculture and vertical farming, free and open-source software, open-source hardware, small-scale fabrication laboratories, micro-manufacturing, 3D-printing, and countless examples of commons-based peer-production online: meeting the maximum amount of needs, in the shortest time, using the minimum possible amount of energy. It’s a world of decentralized and confederated eco-communities, using technology for human-centric and eco-centric ends rather than for accumulating power and profit – mending the metabolic rift between first nature (the natural world) and second nature (human culture) – and where social hierarchies of race, gender, sexuality, and disability are considered horror stories from the past “oil age”. Solarpunk desires societies of polycultural ethnic diversity and gender liberation, where each person is able to actualize themselves in societal environment of free experimentation and communal caring; This philosophy proposes that in order for the social and natural worlds to reconcile, humans must first transform their relations to each other – recreating society along egalitarian, cooperative, and democratic lines – and then transform their relations towards nature – adopting an attitude to cooperation, rather than domination, towards the planet and its nonhuman forms of life. Text by Connor Owens. This artwork took me a year to create and for you it will take a year to discover. Master autonomously updates once a day at 12am with one of 366 original artworks. Enjoy!
#46739
By OthersideDeployer