LiveArtX said the exploit apparently occurred after an individual gained access to the private key of the Seven Treasures collections, after which they could sell all the NFTs. A private key is a secret number used in blockchain technology, similar to a password, that allows its holders to access, transfer and change information about the data or tokens of that private key.
Related posts
-
XRP Price Facing Another Drop: Understanding The Key Drivers
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious... -
Ethereum Price Faces Recovery Hurdle: Examining The Roadblocks Ahead
Ethereum price started a recovery wave from the $3,230 zone. ETH climbed above $3,350, but it... -
Bitcoin Price Reaches Rejection Zone: Can It Overcome the Resistance?
Bitcoin price recovered above the $62,000 resistance zone. BTC must clear the $62,500 resistance zone to...