Bill Murray’s Ethereum (ETH) wallet tapped for $175,000 amid NFT charity event by DailyCoin

Famous actor and comedian Bill Murray started a real bidding war on the evening of Wednesday, August 31, when his charity-focused NFT, which portrayed the actor against a black and white background wearing 3D glasses, sold for a whopping 119.2 ETH (worth about 185,000 USD) USD). Despite the hype on Twitter (NYSE: ) and Murray’s good intentions, the funds raised by the portrait NFT were hijacked from the actor’s (ETH) wallet just hours after the charity event ended on September 1st.

Coming off an amazing high from @ScoopFlow’s generosity, to a very sad moment last night. The hackers didn’t just steal from Bill Murray, they stole from Evelyn. We double down on charity and asset protection. https://t.co/WTgzSzUPGw

— Gavin Gillas (@gavingillas) September 2, 2022

800 NFTs exposed in the hack attack

Chive and blockchain startup Project Venkman teamed up to bring 1,000 NFTs based on iconic moments from Bill Murray’s career to life. Best known for his roles in ‘Groundhog Day’ (1993), ‘Lost In Translation’ (2003) and ‘Ghostbusters’ (1984), the actor and comedian has collected many inspiring moments to share with NFT enthusiasts and movie lovers.

But with ‘The Shack’, the 1,000 Bill Murray NFT collection set to be released next week, the actor has been forced to contend with some serious security issues. According to NFTHerder, a crypto enthusiast, who took to Twitter to explain the incident in detail, revealed that 800 of the 1,000 NFTs were exposed during the attack, but the business partners were able to step in in time to transfer the NFTs to safe storage.

Today a hacker stole $174K from Bill Murray’s charity nft project. So what happened next? Hacker switched majority through 1inch and then sent everything to 0xada and sent it to Binance, HitBTC and FixedFloat (didn’t use TornadoCash) pic.twitter.com/IeKryS4eGY

— OKHotshot (@NFTherder) September 2, 2022

A story with a happy ending

Despite the theft of 119.2 Wrapped Ethereum (wETH), the story has a bright ending. Soon after the hack became public, mishap72, a Twitter user who was also runner-up in the charity auction, donated 120 Ethereum (ETH) to replace the looted funds. The funds will be donated to help care for Evelyn, a three-year-old girl who suffers from a rare CLDN5 gene mutation, as well as severe epilepsy. The Chive also opened a GoFundMe campaign to further aid the charity.

Although the legendary actor recovered the charity funds, the business partners stressed the importance of publicizing the matter: “Given the nature of this theft, we decided not to sweep this under the rug. We need to be as transparent as possible about what happened,” The Chive co-founder John Resig stated firmly.

Are you ready for the FINAL ROUND? We’re releasing 700 BRAND NEW Bill Murray NFTs on September 7th! Click here to get a reminder so you don’t miss a thing! pic.twitter.com/0nOTWqcGh9

— The Shack (@EnterTheShack_) September 1, 2022

On the other side

• The series of events raises questions about the state of security in the NFT environment. With the arrest of the Tornado Cash developers, hackers are finding new ways to commit fraud. In this particular case, Coinbase (NASDAQ: ) and Ronin Bridge were used to fund the hacker’s wallet.

Why you should care

US blockchain analysis firm Chainalysis is conducting an ongoing investigation into the hack. At press time, there are no suspects, but cryptanalysts claim the culprit was not from the United States.

Read more about the ongoing NFT market decline, as OpenSea’s trading volume fell to a yearly low.

Find out how actor Seth Green managed to recover his stolen Bored Ape.

Continue reading at DailyCoin