• Thu. Mar 28th, 2024

Hackers Attack Nifty Gateway Users

Phillip Seefeldt

ByPhillip Seefeldt

Mar 16, 2021

The growth of the cryptocurrency space, which has come at a rapid pace, continues to headline financial investments worldwide. The cryptocurrency space has also propelled several of its arms like the DeFi Space, Non-fungible tokens (NFT) market, and many other blockchain affiliates to success. However, the downs have also seemed not to elude the space, as it has been a ground for hackers and scammers to thrive upon. NFT Marketplace, NIfty Gateway, is the latest crypto firm to feel the wrath of these perpetrators, as its users have now confirmed that their NFTs have been stolen.

Nifty disagrees with users over the hack

The sad event report was first mentioned on social media, Twitter, where many users of Nifty had come to report that their accounts have been compromised. Many of the users who called the attention of Nifty to the incident via Twitter discovered that they were unable to log in to their account of the platform. A famous NFT trader on Twitter, Micheal, confirmed that the hackers have stolen his digital assets and have even made almost $15,000 off them without his knowledge.

Micheal is not the only person to have called the attention of NIfty to the anomaly, as many other users also shared their experience. Unfortunately, Nifty Gateway, via a spokesperson on Twitter, has confirmed that the claims of Micheal and others are not valid enough, as the NFT marketplace platform is still intact. However, the individual believed the hacker might have breached only the account of a few users like Micheal, who was likely careless with their login details. However, the spokesperson confirmed that the situation would be examined, and proper steps will be taken to ensure that the hackers are apprehended.

On the other hand, Micheal believes he can help the NFT Marketplace track the addresses where his NFTs were moved to and provide details of where the funds were moved. Despite the insistence of Nifty that the hackers did not breach its servers, Micheal has also called on other users of the space to check on their valuables on the NFT digital marketplace.

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Many more users came out to report a theft

Micheal, the first reporter of the incident, has fired back at Nifty Gateway. The crypto investor believes that the situation is not unanimous to himself and believes that many other users must have faced a similar fate. In his response to his first tweet, he claimed that Nifty was aware of the hack, as it perpetrated under their watch. Micheal’s latest tweet had witnessed the outburst of many more users who have claimed that they had missing NFTs or funds in their digital wallet. However, it is still unclear why Nifty is refusing to accept full responsibility for the system’s breach. They have also claimed that many of the users do not have two-factor authentication activated on their accounts. However, despite their infallibility, they have promised their users that the issue will be resolved after prior investigation.

Phillip Seefeldt

Phillip Seefeldt

Phillip Seefeldt is a skilled and perceptive news writer known for his comprehensive analysis and engaging writing style. With a commitment to accuracy and a deep understanding of current affairs, his articles provide readers with insightful perspectives and thought-provoking insights.

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