NFT Investor Reportedly Lost NFT Punks Worth +$1 Million in Hack

Hackers and scammers use incredibly persistent and ever-evolving tactics to exploit human trust and vulnerabilities in cryptographic systems for financial gain, using sophisticated methods such as phishing, AI, and automated attacks. In the latest attack, hackers allegedly hacked into the accounts of non-fungible token investor “yfimax.eth” and made off with his eight CryptoPunks NFTs.

Yfimax.eth reportedly lost $1 million in hack

Data compiled by Cryptopunks.app shows that eight rounds of non-fungible cryptopunk tokens sold for 27.5 ETH each. CryptoPunks.app is an online tool or platform that monitors the market for the iconic CryptoPunks NFT collectible, providing real-time data on price floors, sales volume, rarity and individual Punk details, with popular trackers found on sites like Forbes, CoinGecko and CryptoSlam, helping users track ownership and market trends for these pioneering digital collectibles.

A small tragedy has just occurred in the @cryptopunks world. Looks like someone just got hacked and lost their 8 punks… if they were all sold at the floor price of 29 ETH, that’s a total loss of 232 ETH ($742,200)… but many of them weren’t floors, so it seems more like a… pic.twitter.com/P5TwmqQAaJ

-Xeer (@Xeer) January 19, 2026

The recent sale of the eight CryptoPunks NFT collections sparked massive speculation among traders and collectors. Some traders on If they were all sold at the floor price of 29 ETH, that would be a total loss of 232 ETH ($742,200). Nonetheless, others felt that Yfimax.eth may have grown tired of the NFT market and decided to sell them.

Launched in 2017, CryptoPunks is a globally recognized series of non-fungible tokens, previously from digital asset company “Larva Labs” but now managed by the non-profit Infinite Node Foundation. The iconic NFT collection, Punks, has a fixed supply of 10,000 pixelated NFTs hosted on the Ethereum blockchain. CryptoPunks is one of the leading NFT series in the global NFT market.

A thorough investigation is underway

At the time of publication, an in-depth investigation into the eight CryptoPunks NFTs sold earlier today is underway. In response to recent suspicious sales, the CryptoPunks NFT collection has risen to the top, with a trading volume of +$1.3 million in the last 24 hours. The global NFT market surged 28% today to $8 million, while Ethereum NFT sales increased 66% to $4.4 million.

Source: CryptoSlam.io

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