On Monday morning, many non-fungible tokens (NFTs) were stolen from LiveArtX’s Meta Morphic: Seven Treasures (7 Treasuries) Collection. The 197 NFTs were moved to a wallet with the address “0x5f7848EC0286304DC5FE6497AF4B3C0FeaD6A920” by the exploiter after gaining access to the platform’s treasury wallet. Subsequently, he began selling NFTs for significantly less than their quoted pricing, violating the collection’s base price. We are doing all we can to resolve the issue with the compromised wallet and we will keep the community updated. — LiveArt (@LiveArtX) October 16, 2022 The collection’s price dropped from 1 Ether (ETH), roughly $1,300, to 0.1 Ether, or $130. According to The post LiveArtX’s 7 Treasuries NFT Collection Stolen, Exploiter Broke Base Rate appeared first on Cryptoknowmics-Crypto News and Media Platform.
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