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Monkey Kingdom loses $1.3M in security breach
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Monkey Kingdom loses $1.3M in security breach

Cybercrime is only getting worse

Dec 23, 2021
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Monkey Kingdom #1796 | NFT on Solsea

Money Kingdom, an Solana NFT project based in Hong Kong, has been hit with a major security breach that let hackers steal up to $1.3 million in cryptocurrency.

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The hacker gained access to an admin account of the project’s Discord server and posted a phishing link in the announcement channel. Users who clicked the link and connected their wallets expected they would receive an NFT but instead had all their SOL tokens stolen within seconds.

Twitter avatar for @MonkeyKingdom_Monkey Kingdom @MonkeyKingdom_
Announcement on the discord hack
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December 21st 2021

72 Retweets327 Likes

Since the attack, Monkey Kingdom’s developers have put together a fund to reimburse any victims and promised to enhance security measures to avoid something similar happening in the future.

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On Tuesday NFT platform, Fractal experienced a very similar security breach. A scammer successfully scammer accessed the server's announcement bot and posted a fake mint link that promised users access to 3,333 commemorative NFTs.

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