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$2.2M Worth of Bored Ape Yacht Club NFTs Stolen — Victim Says Incident Was ‘Arguably the Worst Night’ of His Life – Bitcoin News

In keeping with experiences, roughly $2.2 million price of Bored Ape Yacht Membership (BAYC) and Mutant Ape Yacht Membership (MAYC) non-fungible tokens (NFTs) had been stolen from a collector. The proprietor of the NFTs Todd Kramer stated the incident was “arguably the worst night time” of his life. Moreover, there’s claims that the NFT market Opensea froze the collectibles, and crypto advocates are complaining concerning the lack of decentralization.

15 BAYC and MAYC NFTs Stolen — Sufferer Begs Opensea for Assist, Studies Declare NFTs Had been ‘Frozen’

On December 30, 2021, a BAYC collector told the public that 15 Bored Ape Yacht Membership and Mutant Ape Yacht Membership NFTs had been stolen. “NFTX these apes and mutants have been stolen and flagged on Opensea. Please take away out of your liquidity pool,” he added. Todd Kramer additionally listed all of the apes that had been stolen. Kramer additionally careworn in one other tweet that it was “arguably the worst night time” of his life.

$2.2M Worth of Bored Ape Yacht Club NFTs Stolen — Victim Says Incident Was 'Arguably the Worst Night' of His Life
A now-deleted tweet from Todd Kramer on December 29, 2021, was captured on archive.org.

The 15 ape theft is among the first NFT assortment crimes since NFT collections like Cryptopunks, BAYC, MAYC, and others have seen vital demand. After the incident, there have been claims that Opensea stepped in and froze the NFTs. Nonetheless, there isn’t any official affirmation that the main NFT market carried out this job.

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A now-deleted tweet from Todd Kramer on December 30, 2021, which was also captured on archive.org. Kramer claims all the apes were frozen in the tweet.

Furthermore, there’s been complaints concerning the alleged frozen BAYCs, because the “lack of decentralization” was known as into query. “Who was capable of freeze the NFTs?” a person replied to Kramer’s now-deleted tweet. “Feels fairly anti-crypto to be asking third events to do that and ideally they shouldn’t have the ability to. This was simply extraordinarily poor OPSEC in your half. True decentralized possession nobody ought to have the ability to step in. Good luck.”

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The co-developer of the Unified Modeling Language and famend software program engineer Grady Booch additionally replied to the now-deleted tweet. “Foolish me,” Booch tweeted. “And right here I believed that the code is the legislation and that one of many very concepts of cryptocurrencies was the elimination of any chance of centralized intervention.” Booch added:

Hypocrites; everybody of you.

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The top results of the stolen BAYC and MAYC NFT fiasco has not been disclosed publicly, but it surely appears a number of people helped ease Kramer’s worries. We additionally don’t know why Kramer determined to delete a number of of the tweets he wrote on December twenty ninth and the thirtieth. Nonetheless, the tweets had been saved to archive.org and the statements are nonetheless accessible.

Tags on this story
$1500, $2.2 Million, BAYC, Bored Ape Yacht Membership, frozen, Liquidity, Market, MAYC, Mutant Ape Yacht Membership, nft, NFT assortment, NFT hack, NFT gross sales, NFTs, Non-fungible tokens, Opensea, stolen, Stolen NFTs, Theft, Todd Kramer

What do you consider the 15 BAYC and MAYC NFTs that had been allegedly stolen? Tell us what you consider this topic within the feedback part under.

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Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist residing in Florida. Redman has been an lively member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 5,000 articles for Bitcoin.com Information concerning the disruptive protocols rising at present.




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