NFPrompt Suffers Major Hack: FBI Steps In To Ensure User Safety

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15 Mar 2024

STORY HIGHLIGHTS

NFPrompt suffers a significant security breach, prompting FBI involvement.
Hackers compromise wallets, raising concerns over user assets.
NFPrompt swiftly responds, transferring smart contract ownerships to new addresses.

NFPrompt (NFP), a prominent player in the crypto sphere, has been hit by a significant cyber breach, throwing the digital currency community into a frenzy. As investors grapple with concerns over the security of their assets, the Federal Bureau of Investigation (FBI) has intervened to mitigate the fallout and apprehend the perpetrators.
Notably, this breach underscores the pressing need for heightened cybersecurity measures within the burgeoning artificial intelligence (AI) and Web3 ecosystem.

NFPrompt Faces Major Security Breach

In a recent X post, the disclosure by NFPrompt regarding a security breach has sent shockwaves rippling across the cryptocurrency landscape. According to the platform’s official statement, hackers managed to compromise several wallets, including those belonging to NFP’s contract administrators, gaining unauthorized access to users’ funds, including a portion of NFP’s treasury and ecosystem fund.
Meanwhile, the platform has assured the users that the response from NFPrompt has been swift and resolute. To contain the breach, the platform swiftly transferred all NFP smart contract ownerships to new addresses, effectively cutting off the attack vector and ensuring the safety of users’ assets.
In addition, the FBI has been enlisted to assist in apprehending the hackers, with major centralized exchanges (CEXs) notified to freeze any funds associated with the malicious actors. Besides, amid escalating concerns, NFPrompt has embarked on a collaborative approach to address the aftermath of the breach.
According to its recent statement, NFPrompt has partnered with leading Web3 security firms, SlowMist and Chainalysis. Notably, the platforms aim to monitor the on-chain activities of the hackers and trace token swaps to unveil their identities and affiliates.

ATTENTION $NFP Holders:
We are writing to inform you of a critical security incident involving NFPrompt. It was discovered that a group of hackers compromised some wallets, including those of NFP’s contract administrators.
They illegally gained control of victims' funds,… pic.twitter.com/ZeQXLruvTW
— NFP (@nfprompt) March 15, 2024

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User Safety In Focus

NFPrompt has issued a series of precautionary measures to safeguard users’ assets. These include urging users to only engage in NFP transactions through reputable CEXs, cautioning against interaction with unofficial NFP contracts or private over-the-counter channels, and advising vigilance against phishing attempts and scams.
Meanwhile, as the investigation unfolds, NFPrompt remains steadfast in its commitment to fortify the security infrastructure of its smart contracts, wallets, and user assets. However, this breach serves as a poignant reminder for the entire crypto community to prioritize cybersecurity measures to ensure the integrity and safety of the evolving AI and Web3 ecosystem.

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Notably, the NFPrompt price declined 14.80% to $0.7866, with its trading volume soaring 62.63% to $131.21 million. However, the decline is partially attributed to the significant sell-off witnessed in the broader crypto market today.
Meanwhile, the NFP price has added nearly 20% over the last 30 days, while slipping nearly 15% over the last seven days.
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Rupam, a seasoned professional with 3 years in the financial market, has honed his skills as a meticulous research analyst and insightful journalist. He finds joy in exploring the dynamic nuances of the financial landscape. Currently working as a sub-editor at Coingape, Rupam's expertise goes beyond conventional boundaries. His contributions encompass breaking stories, delving into AI-related developments, providing real-time crypto market updates, and presenting insightful economic news. Rupam's journey is marked by a passion for unraveling the intricacies of finance and delivering impactful stories that resonate with a diverse audience.