Digital Artist Beeple’s Discord Server Gets Compromised, Here’s What Hackers Did

Prashant Jha
November 11, 2021
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Beeple

Popular digital artist Beeple whose artwork was sold as an NFT for a whopping $69 million is all set to launch his second auction on Nifty. However, right before the auction date, the official Discord channel of the artist has been compromised overnight. The hackers then posted a fake NFT auction in the artist’s name coinciding with the next auction.

Beeple

An admin from the official Discord group called “Multi” confirmed the news and said the hackers used the official Beeple Bot to announce a fake NFT drop. The comprise happened despite the 2FA authentication, and one among many Discord hacks in recent times.

Beeple

What made the fake NFT drop even more believable is the fact that Beeple is notorious for running a secondary drop on the back of the success from his first NFT sale. Thus, many who have been following him believed it to be the real one. The user said,

“When the post came up on the Official Beeple Discord, from the verified Beeple Bot and the verified Administrator with a link to a Nifty Gateway website I didn’t blink twice. I headed over and proceeded to mint as much and as fast as I could,”

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Hacker’s Steal 38 ETH From Beeple’s Discord Group

Before the hack was intercepted and informed about, the hackers managed to lure enough interest from users to gain about 38 ETH worth $176K. The original admin only got hold of the account after the fake NFT drop ad ran for an hour which made it nearly impossible to block the wallet addresses, as people saw these hackers get away with their money. Another user wrote.

“I still don’t own a Beeple. I know Beeple stood up for the community once when we crashed Makers Place, who knows how or if he will right things this time. I’d certainly prefer six Beeples over my ETH back,”

Users who lost their money due to the hack demanded proper communication especially for auctions such as these. Users suggested instead of using a bot or a pinned message the admin should look for other ways to help users differentiate between the real and fake announcements.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
An engineering graduate, Prashant focuses on UK and Indian markets. As a crypto-journalist, his interests lie in blockchain technology adoption across emerging economies.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.