Binance-Backed Nfprompt Platform Hit by Crypto Security Breach, User Funds Lost
NFPrompt, a content generation platform incubated by Binance Labs, disclosed a crypto security breach resulting in the loss of user and platform funds.
The hackers reportedly gained unauthorized access to several wallets, including those belonging to NFP’s administrators, and stole funds.
NFPrompt acknowledged a “critical security incident” on March 15 that allowed hackers to compromise several wallets and steal funds.
This included unauthorized access to a portion of the platform’s treasury and ecosystem fund, along with the wallets of NFP’s contract administrators.
ATTENTION $NFP Holders:
We are writing to inform you of a critical security incident involving NFPrompt. It was discovered that a group of hackers compromised some wallets, including those of NFP’s contract administrators.
They illegally gained control of victims' funds,… pic.twitter.com/ZeQXLruvTW
— NFP (@nfprompt) March 15, 2024
According to the platform’s official statement, hackers managed to compromise several wallets, including those belonging to NFP’s contract administrators, gaining unauthorized access to users’ funds, including a portion of NFP’s treasury and ecosystem fund.
In response to the attack, NFPrompt took swift action to mitigate further losses. They swiftly transferred ownership of its smart contracts to new addresses, effectively isolating the hackers.
While the platform assures that NFP tokens and other assets remain secure, the token’s price has drastically dropped by over 15% within the last 24 hours.
NFPrompt urges users to exercise caution and refrain from accepting NFPs from unreliable sources. Additionally, they advise solely trading the token on established centralized exchanges (CEXs) until further updates regarding the
Read more on cryptonews.com
