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DeFiance Founder's USD 1.76M Loss is a Lesson For NFT Investors

Founder of the cryptoasset fund DeFiance Capital, Arthur Cheong, has seen one of his hot wallets compromised, resulting in the loss of over 70 blue-chip non-fungible tokens (NFTs) worth over USD 1.76m. The incident is an...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

DeFiance Founder's USD 1.76M Loss is a Lesson For NFT Investors
 
Founder of the cryptoasset fund DeFiance Capital, Arthur Cheong, has seen one of his hot wallets compromised, resulting in the loss of over 70 blue-chip non-fungible tokens (NFTs) worth over USD 1.76m. The incident is another stark reminder for all NFT investors to be extra careful - and less trusting - when it comes to their digital assets....
Read More: DeFiance Founder's USD 1.76M Loss is a Lesson For NFT Investors

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This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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