December 19, 2024

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How an NFT Collector Lost His CryptoPunk in a Hack—and Recovered It With Fundraising Help From His ‘#CommUNITY’

How an NFT Collector Lost His CryptoPunk in a Hack—and Recovered It With Fundraising Help From His ‘#CommUNITY’

As you learn this, CryptoPunk #3706, the topic of a January 3 hack that noticed it furtively swiped from its holder’s crypto pockets, is safely again with its rightful proprietor, CryptoNovo. How it was recovered and restored, although, is the feel-good NFT story you’ve lengthy been ready for.

Final week, CryptoNovo tweeted with a lot alarm that he “just got hacked,” his assortment of CryptoPunks, together with #3706 which he makes use of as his Twitter profile image, transferred to an unknown pockets labeled 0x8e25ab.

Whereas most of his followers commiserated over his loss, some opted to rally, initiating a bunch of fundraising campaigns to assist the collector re-acquire his NFT.

There was GoFundNovo, spearheaded by the digital artist Dario De Siena, which requested neighborhood members to mint considered one of 2,000 accessible GoFundNovo Support Tokens. Token holders might then declare a singular ERC-721 token that includes artwork created by the likes of nonfungiblemotion, darko.eth, Jacopo Lanza, and De Siena himself.

“CryptoNovo has been, for years, an amazing ambassador for Punks and for Web3, and he’s fallen victim to a malicious link from a hacked Discord. Sadly, his Punks have been stolen, and we are working to help him reclaim the iconic hat and clown-nose Punk that is core to his digital identity,” wrote De Siena. “This campaign is as much a part of our movement as it is an effort to help one specific person.”

Moreover, the NovoPixels mission dropped 576 tokens at 0.04 ETH every (about $57), with all proceeds going towards a recovery wallet; and OnChainNovo launched a collection of 311 digital works impressed by CryptoNovo’s Punk, supposed to learn the GoFundNovo pockets. 

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