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 is Banksy's first NFT (non fungible token)?

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.

What happened to Banksy's NFT?

Banksy’s official site did have a since-ddeleted page called NFT, which included a link to an auction site selling a piece of the same name. It didn’t look anything like a Banksy, but the fraudulent link convinced Pranksy – who is known for his collection of NBA Top Shots NFTs – to bid the equivalent of £244,000 in cryptocurrency.

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!