According to @PeckShieldAlert, SuperRare has suffered an exploit resulting in the loss of approximately $730,000 worth of RARE tokens. This security breach has direct implications for RARE token holders and traders, leading to heightened volatility and increased risk in RARE trading pairs. The incident highlights ongoing vulnerabilities in NFT platform security and may lead to downward pressure on RARE prices as affected holders seek liquidity. Traders are advised to monitor exchange volumes and price action closely for potential short-term swings and liquidity constraints. Source: @PeckShieldAlert.

According to ZachXBT, in December 2022, a victim lost 14 Bored Ape Yacht Club (BAYC) NFTs through a targeted phishing scheme. The scammers utilized purchased X (formerly Twitter) accounts to pose as potential licensors interested in acquiring intellectual property rights for a film, luring the victim to a phishing website where they were tricked into signing a malicious message. This incident highlights increased risks for high-value NFT holders and underscores the importance of transaction verification and wallet security. The theft of these BAYC NFTs had a significant trading impact, causing temporary price fluctuations and raising concerns about security in the NFT and broader crypto markets (Source: ZachXBT on Twitter, May 9, 2025).