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Hacker steals $1.7 million in NFTs from DeFiance Capital founder Cheong
Arthur Cheong, founder of DeFi and web3-focused venture capital firm DeFiance Capital, lost more than one million dollars worth of non-fungible tokens (NFTs) in a hack today. Around 12:50am UTC today, an unknown hacker began draining NFTs from an Ethereum wallet owned by Cheong. Cheong himself later confirmed the hack with statements posted on Twitter. Security firm PeckShield estimated that the stolen assets included 17 Azuki, 5 CloneX, 2 Hedgies, and 33 Second Self — all popular NFT collections — which the hacker then sold on marketplaces such as OpenSea. The hacker also transferred other tokens like wrapped ... (full story)