Sandbox, Reactivates Account After Instagram Attack!

According to Sandbox, only one user was defrauded. It also cooperated with the defrauded investor to resolve the situation. "The trust of our community is very important to us and we are taking steps to make our social accounts more secure. We are currently reviewing our security logs and internal processes to ensure safety across all our platforms."

The hacker's wallet shows that he had four NFTs transferred from two wallets after the Instagram attack. Among them is the World of Women Galaxy NFT. NFT phishing scams have been appearing frequently on social media recently. In April, BAYC's official Instagram was hacked. Also in the attack, hackers stole $2.8 million from NFTs. In some cases, hackers reach out to NFT holders via social media for special deals. After agreeing on a price, they convince NFT holders to link their wallets to a fraudulent trading site. This site is then destroyed. This method is widely used. In May, 29 Moonbird NFTs worth $1.5 million were stolen in this way. The company issued a statement on security. "This incident is a reminder that we must never let our guard down. Because of our profile, hackers and phishers are constantly trying to test us. No matter how hard they try, we will work harder to keep your and our accounts safe." Features of the platform It is a platform where users can create avatars, virtual goods, NFTs using programs such as Game Maker. It also has the ability to create games. The platform's motto is play, create, own, manage and earn. Its first goal is to bring blockchain technology to the concept of gaming. The platform is known for its SAND token. One of the reasons why the platform has become so popular is that users can redeem the virtual goods they create as NFTs. These NFTs can also be sold on The Sandbox Market in exchange for SAND tokens. The SAND token is used as the basis for all transactions and interactions on the platform and in the game. They can also be earned by playing games on the Sandbox platform, or they can be purchased through competitions or on various cryptocurrency exchanges.   Source: nfxhaber.com