Kevin Rose and Ryan Carson's firm, Moonbirds NFTs, is the latest target of cryptocurrency scammers on Twitter. It's a digitized owl collection that's made a lot of money in a short amount of time.
Fraudsters that try to take advantage of successful NFT enterprises are widespread.
They were able to collect NFTs worth over five hundred thousand US dollars from the proprietors of B.A.Y.C and M.A.Y.C. last month.
The minting of NFTs began on Saturday, and the project has already brought in roughly two hundred and ninety million US dollars for Open Sea and Looksrare.
Hackers have started hacking over official accounts on Twitter and posting fake URLs that may tempt customers to pay bitcoins or NFTs in exchange for a chance to land a Moonbird.
At least ten accounts, spanning from sportsmen to legislators, have been discovered circulating fraudulent URLs that lead to a fake Moonbirds website. There are several well-known people on this list.
These Twitter personalities were referencing hundreds of individuals to extract more money before the identities were restored to their true owners.
And according to the statistics site Cyrptoslam, Moonbirds is swiftly getting prominence among NFT fans, and it has moved to the top of the list in the last thirty days.
Given the fact that famous personalities are engaged in the incentive, the Moonbirds project could be the target of several future con artists. The endeavor was the victim of a Sybil assault when it originally debuted, according to crypto theft monitor user zachxbt. It looks like one individual made a large number of wallets to even be on the list of those who may mint NFTs. This guy earned fifty slots and might produce a bunch of money trading Moonbirds on the second-hand market.
In other words, the incentive lacked the necessary protection layers to prevent such bids.
Moobirds co-founder Justin Mezzell thinks the situation with Twitter spams is terrible, and the firm is doing all it can to maintain it that way.
This problem isn't limited to a single incentive. A similar strategy was employed in such a well NFT experiment dubbed "Azuki," according to the Block.
Elon Musk, who's interested in owning the social network, described crypto spamming bots as the "single most frustrating issue" on the social media website earlier this month. We’re curious if he does have any recommendations for addressing this problem.
H/T: TNW. / Blockchain cryptocurrency vector created by pikisuperstar freepik
Read next: Can the Metaverse Coexist With Data Privacy Laws? 33% of Devs Have Misgivings
Fraudsters that try to take advantage of successful NFT enterprises are widespread.
They were able to collect NFTs worth over five hundred thousand US dollars from the proprietors of B.A.Y.C and M.A.Y.C. last month.
The minting of NFTs began on Saturday, and the project has already brought in roughly two hundred and ninety million US dollars for Open Sea and Looksrare.
Hackers have started hacking over official accounts on Twitter and posting fake URLs that may tempt customers to pay bitcoins or NFTs in exchange for a chance to land a Moonbird.
At least ten accounts, spanning from sportsmen to legislators, have been discovered circulating fraudulent URLs that lead to a fake Moonbirds website. There are several well-known people on this list.
These Twitter personalities were referencing hundreds of individuals to extract more money before the identities were restored to their true owners.
And according to the statistics site Cyrptoslam, Moonbirds is swiftly getting prominence among NFT fans, and it has moved to the top of the list in the last thirty days.
Given the fact that famous personalities are engaged in the incentive, the Moonbirds project could be the target of several future con artists. The endeavor was the victim of a Sybil assault when it originally debuted, according to crypto theft monitor user zachxbt. It looks like one individual made a large number of wallets to even be on the list of those who may mint NFTs. This guy earned fifty slots and might produce a bunch of money trading Moonbirds on the second-hand market.
In other words, the incentive lacked the necessary protection layers to prevent such bids.
Moobirds co-founder Justin Mezzell thinks the situation with Twitter spams is terrible, and the firm is doing all it can to maintain it that way.
This problem isn't limited to a single incentive. A similar strategy was employed in such a well NFT experiment dubbed "Azuki," according to the Block.
Elon Musk, who's interested in owning the social network, described crypto spamming bots as the "single most frustrating issue" on the social media website earlier this month. We’re curious if he does have any recommendations for addressing this problem.
H/T: TNW. / Blockchain cryptocurrency vector created by pikisuperstar freepik
Read next: Can the Metaverse Coexist With Data Privacy Laws? 33% of Devs Have Misgivings
