NFTs Worth $100M Stolen in a Year, as Figures Reveal Nike's Made $185M from Crypto Collectibles | CoinMarketCap

Non-fungible tokens worth more than $100 million have been stolen in the past year, according to a new report. 🗒️

Non-fungible tokens worth more than $100 million have been stolen in the past year, according to a new report.

May broke records in terms of the cash value of the crypto collectibles swiped from unsuspecting victims. Many of these incidents relate to when social networks such as Twitter or Discord are compromised — often enticing victims to mint non-existent NFTs. Overall, nearly 5,000 NFTs were lost following one of these exploits. Elliptic's report warns:

The report also delves into specific incidents — telling us that the most valuable NFT to be stolen was CryptoPunk #4323, which was sold by scammers for a whopping $490,000. What's worse, a single victim lost 16 blue-chip NFTs worth $2.1 million in a single day. It adds:

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