QI Quadriga Initiative

May 2022 - Magic Eden NFT Marketplace Discord Hack - $Unknown (Global)

"Welcome to Magic Eden - Your destination for discovery, expression, and ownership across digital cultures"

"After four friends discovered NFTs and its tremendous potential, Magic Eden was born. With backgrounds across crypto, DeFi, consumer internet companies and management consulting, they identified gaps in existing NFT marketplaces and created something new."

"Sidney started in crypto with his first crypto company working on the Bitcoin Developer API in 2013. He joined Uber in 2015 as one of the Founding Engineers at Uber Eats, where he worked on Uber Eats from zero till it hit the moon. Sidney subsequently spent a few years at Uber Advanced Technologies Group working on self-driving production modeling and research. focusing on computer vision and prediction. He lastly joined Facebook’s AI team before co-founding Magic Eden."

"Once you interact with these fake bots they will snag your discord token, giving them instant access to your account without 2FA or your password."

Further Analysis

Magic Eden NFT Marketplace was reportedly among those projects affected by a breach on their Discord servers. These typically promised an enticing mint in order to convince followers to provide full wallet authorization. Once the wallet was authorized, it would be emptied.

How Could This Have Been Prevented?

More Cryptocurrency Exchange Hacks/Scams/Frauds

TheMetaBucks Discord Hacked > > < < My Pet Hooligan Discord Hacked

Sources/Further Reading

@interlockweb3 Twitter (Dec 31)
@eggb0mb_ Twitter (Dec 31)
@CHOX3__ Twitter (Dec 31)
@Tricky_NFTs Twitter (Dec 31)
@lukenamop Twitter (Dec 31)
@NFTherder Twitter (Dec 31)
Magic Eden - NFT Marketplace (Dec 31)
About - Magic Eden (Dec 31)
Monkey Kingdom - Magic Eden (Dec 31)
@yugalabs Twitter (Dec 31)


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