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Is Banksy's NFT a fake?

On Tuesday a piece of art was advertised on Banksy's official website as the world-renowned graffiti artist's first NFT (non-fungible token). A British collector won the auction to buy it, before realising it was a fake. A cyber-security expert warned Banksy that the website could be hacked, but was ignored.

Did Banksy's website have a security weakness?

Artist Banksy's team was warned his website had a security weakness seven days before a hacker scammed a fan out of $336,000 (£242,000). On Tuesday a piece of art was advertised on Banksy's official website as the world-renowned graffiti artist's first NFT (non-fungible token).

What happened to blockverse NFT?

Blockverse is the latest NFT project to rug pull, raising questions on the authenticity of projects by anonymous developers. The project reportedly sold out in under eight minutes, generating 500 ETH. Unfortunately, the developers disappeared with the money, closing both the project’s website and Discord server. Blockverse NFT has rugpulled!

What happened to pranksy’s NFTS?

In the evening, news broke that big-time NFT buyers bought (like j1mmy and topshotfund), some even minting hundreds, and in Pranksy’s case, around 1,000. They eventually sold out in the early morning hours of April 31, and a hot secondary sales market on OpenSea began as collectors sought apes with the rarest traits.

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