Proof’s vice president of engineering said their NFT was safe after the founder’s $1 million hack.
Arran Schlosberg, vice president of engineering at Proof Collective, said their NFT is safe after Proof founder Kevin Rose’s million-dollar hack.
Explained Our NFTs Are Secure After NFT Hacking by Proof Collective
Arran Schlosberg, vice president of engineering at Proof Collective, said a phishing attack took Rose by surprise, resulting in her signing a malicious endorsement that allowed the hacker to transfer valuable NFTs. It was shared with users that the attack took place in this way.
Schlosberg explained in a Tweet on January 26 that Proof’s NFTs, Ethereum and other assets require multiple confirmations for access. Proof Collective is a platform that sells NFTs that gives the owner access to the community. According to NFT platform OpenSea, these NFTs are each worth at least 32 ETH, or about $51,680, and all 1,000 of them are worth 22,255 ETH, which is worth $35.9 million.
In addition to all his statements, Schlosberg added that the hack took place with a prepared signature accepted by OpenSea’s smart contract.