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World of Solana hacker will get scammed in neighborhood sting

by Index Investing News
May 27, 2022
in Cryptocurrency
Reading Time: 4 mins read
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πŸ‘‹ Need to work with us? CryptoSlate is hiring for a handful of positions!

The World of Solana (WoS) Twitter account reported particulars of a neighborhood sting operation leading to a hacker getting scammed.

1/
We’re very excited to share a loopy World of Solana neighborhood story:

We’ve efficiently scammed the hacker of @UnchainedNFT_ !

Shoutout to our neighborhood, @CyberFrogsNFT and a sniper! β€οΈπŸ’―#Solana #SolanaNFTs #NFTCommunity

Full Story πŸ§΅πŸ‘‡ pic.twitter.com/4SeG0YDNW4

β€” World Of Solana πŸ’ƒ {WOSup} (@worldofsolana) May 25, 2022

What’s significantly satisfying, on this case, is how the hacker bought scammed.

How did the hacker get scammed?

The story started following a hack of the Unchained NFT’s Discord channel on Monday.

Unchained NFT is a cross-chain gaming improvement studio that goals to develop β€œback-end compatibility between the NFT initiatives and chains we characterize.”

β€œThe last word purpose of Unchained NFT is to construct a melting pot of crypto tradition and chains the place communities from each chain can come collectively and thrive. It’s a revolutionary gaming and metaverse journey.”

The hacker drained the wallets of 109 customers, leading to a complete lack of 150 SOL ($6,700) and the theft of 25 WoS NFTs. Inside these WOS NFTs misplaced have been a number of of the highest 100.

In response, neighborhood members @QuantMaven, @AngelaTNFT, and @cryptosile, along with dev @CyberFrogsNFT, hatched a plan to get the NFTs again.

To bait the hacker into breaking cowl, the group β€œset royalties to 98%,” whereas asking the neighborhood to maintain watch on Solana’s main NFT market, Magic Eden.

Royalties check with a proportion lower of the sale worth every time the NFT is bought on a market. The default royalty on WoS NFTs is 5%.

Two days after springing the lure, the hacker listed the stolen NFTs on Magic Eden, leading to 15 being purchased by the neighborhood and the rest β€œtook” by a β€œsniper.”

4/
Two days later, round 2am EST, the hacker listed the 25 WOS NFTs on @MagicEden.@WorldofSolana neighborhood managed to purchase 15 and a sniper took the opposite 10.

We despatched a @FamousFoxFed DING to the sniper and he gladly accepted to cooperate. πŸ’Œ pic.twitter.com/3TCRnnZ4qQ

β€” World Of Solana πŸ’ƒ {WOSup} (@worldofsolana) May 25, 2022

The message despatched to the β€œsniper” ended within the return of the stolen NFTs to their rightful homeowners. The final tweet signed off by praising the neighborhood’s actions in pulling off the sting, and for a second time.

β€œThat is the second time our neighborhood has recovered scammed NFTs.

Our neighborhood is small, however collectively we’re very sturdy!”

What’s the World of Solana?

The WoS is a group of two,222 distinctive Solana blockchain heroines preventing for freedom in a fictional struggle between rival blockchains and the federal government.

β€œA struggle is happening, between rival blockchains and the federal government. Solely by means of unity can the blockchains defeat their widespread enemy.”

Every is predicated on a mix of 18 distinct traits, together with background, aura, coiffure, physique, and so forth. The costliest WoS NFT is #1874, listed at 123 SOL ($5,600).

World of Solana #1874
Supply: WoS #1874 on MagicEden.io

The gathering has a present worth flooring of two.03 SOL ($92), this represents a 41% drop from its peak flooring worth of three.46, achieved on April 12.

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