{"id":268171,"date":"2022-10-17T11:00:32","date_gmt":"2022-10-17T10:00:32","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=268171"},"modified":"2022-10-17T11:06:50","modified_gmt":"2022-10-17T10:06:50","slug":"liveartx-official-wallet-compromised-nft-collection-down-95","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/liveartx-official-wallet-compromised-nft-collection-down-95\/","title":{"rendered":"LiveArtX official wallet compromised, NFT collection down 95%"},"content":{"rendered":"<p>One of <a href=\"https:\/\/twitter.com\/LiveArtX\">LiveArtX<\/a>&#8216;s official wallets has been compromised around 19:00 UTC on Oct. 16, according to <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1581858455060504576\"><em>Wu Blockchain<\/em><\/a>.<\/p>\n<p>LiveArtX is an NFT platform that is known for its NFT line <a href=\"https:\/\/opensea.io\/collection\/meta-morphic-seventreasures\">Seven Treasures<\/a>. The platform recently received over $4.5 million in strategic investment from various investors, including <a href=\"https:\/\/cryptoslate.com\/companies\/animoca-brands\/\">Animoca Brands<\/a>, BNB Chain Fund, and KuCoin.<\/p>\n<p>Soon after the compromise, LiveArtX announced through its official Twitter account that they were working on the problem.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We are doing all we can to resolve the issue with the compromised wallet and we will keep the community updated.<\/p>\n<p>&mdash; LiveArt (@LiveArtX) <a href=\"https:\/\/twitter.com\/LiveArtX\/status\/1581736201111089152?ref_src=twsrc%5Etfw\">October 16, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The team didn't release any updates on the matter since. In the meantime, the community has been asking for a refund and blaming LiveArt for scamming.<\/p>\n<h2>Seven Treasures<\/h2>\n<p>While the team is busy fixing the compromise, their NFT line Seven Treasures has been sinking.<\/p>\n<figure id=\"attachment_268191\" aria-describedby=\"caption-attachment-268191\" style=\"width: 2056px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-268191\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/10\/Screen-Shot-2022-10-17-at-11.22.10.png\" alt=\"Seven Treasures Average Price\" width=\"2056\" height=\"544\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/10\/Screen-Shot-2022-10-17-at-11.22.10.png 2056w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/10\/Screen-Shot-2022-10-17-at-11.22.10-300x79.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/10\/Screen-Shot-2022-10-17-at-11.22.10-1024x271.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/10\/Screen-Shot-2022-10-17-at-11.22.10-768x203.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/10\/Screen-Shot-2022-10-17-at-11.22.10-1536x406.png 1536w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/10\/Screen-Shot-2022-10-17-at-11.22.10-2048x542.png 2048w\" sizes=\"(max-width: 2056px) 100vw, 2056px\" \/><figcaption id=\"caption-attachment-268191\" class=\"wp-caption-text\">Seven Treasures Average Price<\/figcaption><\/figure>\n<p>According to data from <a href=\"https:\/\/opensea.io\/collection\/meta-morphic-seventreasures\/activity?search[eventTypes][0]=COLLECTION_OFFER\">OpenSea<\/a>, Seven Treasures' price recorded a harp fall on Oct. 16, right after the wallet got compromised.<\/p>\n<p>On Oct. 15, the average price for the collection was around $1,493 (1,14 ETH), and the trading volume was $5,946 (4,54 ETH). On Oct. 16, the average price recorded a 95.07% decrease and fell to $73,52 (0,56 ETH).<\/p>\n<p>The trading volume recorded around 659% spike to reach $45,163 (34,48 ETH), which indicates rapid sell-offs of the Seven Treasures NFTs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of LiveArtX&#8216;s official wallets has been compromised around 19:00 UTC on Oct. 16, according to Wu Blockchain. LiveArtX is an NFT platform that is known for its NFT line Seven Treasures. The platform recently received over $4.5 million in strategic investment from various investors, including Animoca Brands, BNB Chain Fund, and KuCoin. Soon after [&hellip;]<\/p>\n","protected":false},"author":1262,"featured_media":268215,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76232],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LiveArtX official wallet compromised, NFT collection down 95%<\/title>\n<meta name=\"description\" content=\"Seven Treasuries NFT collection launched by LiveArtX lost 95% of its value in the last 24 hours following news of the compromise.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/liveartx-official-wallet-compromised-nft-collection-down-95\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LiveArtX official wallet compromised, NFT collection down 95%\" \/>\n<meta property=\"og:description\" content=\"Seven Treasuries NFT collection launched by LiveArtX lost 95% of its value in the last 24 hours following news of the compromise.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/liveartx-official-wallet-compromised-nft-collection-down-95\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-17T10:00:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-17T10:06:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/10\/image_2022-10-17_150622880.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Zeynep Geylan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zeynep Geylan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/liveartx-official-wallet-compromised-nft-collection-down-95\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/liveartx-official-wallet-compromised-nft-collection-down-95\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#person\",\"name\":\"Zeynep Geylan\",\"url\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"caption\":\"Zeynep Geylan\"},\"jobTitle\":\"Journalist\",\"description\":\"Zeynep is an academic who turned to crypto in 2018. 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