PROOF Founder Wallet Hacked

Kevin Rose, founder of PROOF Collective, was the victim of a wallet was hack this afternoon, first brought to light by Cirrus, then later confirmed by Rose.

What It Means

The hack resurfaces important conversations about the storage and transaction of valuable digital assets, particularly if someone of Rose's technical acumen and experience is vulnerable to an attack.

What's Next

Rose has indicated that a detailed account is still to come and he is in the process of flagging as many of the assets as he possible can. During the heist, Rose was able to save a handful of notable assets including a pair of CryptoPunks, an XCOPY, Ringer and more.

At least 25 Squiggles were taken in the theft.

Update: PROOF team members indicated that Rose was phished from a fake 6529 Memes site. Please proceed with extreme caution when engaging with links.

This is a developing story and will be added to by Lucky Trader.

Author Bio

Julian Son

NFT analyst

Started out sweating Top Shot queues in Feb 2021. Hoarded Koalas after seeing Gary V bought the #1 rarity Koala, then got rugged hard. Now living next to an underpass in Venice Beach. Loves most sports, except cricket. Hates snakes, SBF, and the IRS.

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.