On March 15, 2024, representatives of the NFPrompt project reported a security incident concerning the platform. The team took necessary measures to prevent fund loss and potential exploit consequences.
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
According to the team’s statement, the attackers gained control over victims’ funds, including part of the treasury.
In response to the hack, developers transferred all smart contract ownerships to new addresses. They assured that users’ assets are safe.
Additionally, the team sought assistance from FBI personnel and notified centralized exchange (CEX) press services about the breach. The message stated that NFPrompt initiated a freeze on any funds associated with the hackers’ actions.
“We have requested our partner CEX’s to pause deposits during the investigation. Similarly, we urge DEX’s to temporarily halt all liquidity pool activities involving $NFP tokens as a precautionary measure. We are committed to prioritizing the protection of our holders’ assets and minimizing losses as quickly as possible,” said project representatives.
According to available information, NFPrompt is collaborating with leading security firms SlowMist and Chainalysis to track the hackers’ actions and identify their identities.
Thanks for the trust, we will continue to follow up on this incident. Please follow @nfprompt for more updates. https://t.co/umfgTtChQh
— SlowMist (@SlowMist_Team) March 15, 2024
The team urged the community to avoid interacting with any third-party smart contracts associated with NFPrompt and refrain from purchasing NFP tokens through private off-exchange channels.
It is worth noting that the NFP token experienced a significant drop upon news of the hack. Amid the overall cryptocurrency market correction, it fell below $0.73. At the time of writing, the asset is trading near $0.80 and attempting to consolidate above this level.
Recall that NFPrompt is a service that utilizes artificial intelligence to create non-fungible tokens (NFTs). The platform allows for text-to-image, video, or music conversion, NFT creation, and rewards receipt. Previously, the project participated in the Binance Labs incubation program.
