According to Odaily, a recent report by blockchain investigator ZachXBT revealed that an address starting with 0x0CDa was deceived into losing 6 Bored Ape Yacht Club (BAYC) and 40 Beanz Non-Fungible Tokens (NFTs). The details of how the scam was executed remain unclear.
The Bored Ape Yacht Club (BAYC) and Beanz are both popular NFT collections, with BAYC in particular being one of the most sought-after NFTs in the market. The loss of such a significant number of these tokens is a considerable blow to the owner of the 0x0CDa address.
This incident serves as a reminder of the risks associated with the burgeoning NFT market. As the popularity and value of these digital assets continue to rise, so too does the potential for scams and fraud. Investors are advised to exercise caution when dealing with NFT transactions.
