A recent cyberattack has compromised NFPrompt, an altcoin project, resulting in unauthorized access to various wallet addresses, including those linked to the project’s administrators. The incident was revealed by the NFPrompt team on their official X account, where they outlined both immediate and future security strategies.
Swift Response to the Security Breach
After detecting the breach, the NFPrompt team acted quickly to mitigate the damage. They transferred all smart contract ownerships to new wallet addresses, halted trading activity by informing centralized exchanges to freeze the affected funds, and suspended deposits. Decentralized exchanges were also asked to stop all NFP-related liquidity pools to prevent further exploitation.
To safeguard the community, NFPrompt has issued an advisory for users to reject any NFP tokens received from suspicious sources until further updates are given. Any tokens associated with the hackers’ wallets will be marked to prevent their circulation.
Following the public announcement of the breach, the NFPrompt altcoin experienced a significant decline in value, dropping by 14.82% within 24 hours to a new price point of $0.7768.
Enlisting Expertise and Law Enforcement
Addressing the sophisticated nature of the hack, NFPrompt has enlisted the help of Web3 security firms SlowMist and Chainalysis to trace the stolen funds and identify the perpetrators. Furthermore, they have reached out to the FBI to aid in the investigation, demonstrating their commitment to resolving the security issue and bringing the hackers to justice.