Moonbirds founder Kevin Rose loses NFTs worth $1 million after wallet hack

Moonbirds founder Kevin Rose has lost dozens of NFTs worth at least $1 million due to a wallet hack.

According to The Block, Rose kept 87 collectible tokens, which were stored separately. The stolen assets include NFTs from the Cool Cats, Squiggles and OnChainMonkeys.

It is believed Rose’s wallet was compromised due to signing a malicious Seaport bundle. The feature allows OpenSea to move users’ assets autonomously.

be super careful when signing anything, even offchain signatures. kevin rose just had ~$2 million worth of NFTs drained from his vault from signing one malicious seaport bundle. thankfully a couple things held back, like the punk zombie (1000 ETH) which can’t be traded on OS pic.twitter.com/GXHR3NQHLf

— foobar (@0xfoobar) January 25, 2023

CirrusNFT was the first to notice the breach. He noted that Rose was likely duped into signing a transaction that created a private listing for the assets on OpenSea.

It looks like @kevinrose wallet was just compromised…

Millions and millions in NFTs drained… pic.twitter.com/GjK2gdHbmU

— Cirrus (@CirrusNFT) January 25, 2023

In April 2022, the Moonbirds startup Proof raised $10 million from venture capital firm Seven Seven Six, co-founded by Alexis Ohanian.

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