Enjin Coin NFT Platform Hit by $142K Exploit, 5.24M ENJ Drained
Covered by 2 sources · 2 articles
Enjin Coin's NFT platform suffered a security breach that allowed an attacker to drain approximately 5.24 million ENJ tokens worth roughly $142,000. The exploit involved a single Ethereum transaction that targeted around 52 separate wallets, extracting NFT-backed items and converting them to reserve in a coordinated sweep. The incident highlights ongoing vulnerabilities in ERC-1155 smart contracts despite their widespread adoption across the NFT ecosystem.
- A single transaction compromised approximately 52 wallets, suggesting either a protocol-level flaw or exploitation of a shared security dependency rather than isolated wallet breaches.
- The attacker converted stolen NFT-backed items directly to reserve, indicating potential issues with withdrawal or asset-locking mechanisms on the platform.
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Enjin Crypto Items Exploit Drains 5.24M ENJ From 52 Wallets
A single Ethereum transaction pulled ENJ-backed items out of roughly 52 unrelated wallets and melted each one to reserve, netting the attacker about $142,000.
Enjin Coin NFT Platform Hit by $142K Exploit, 5.24M ENJ Drained
BitcoinWorld Enjin Coin NFT Platform Hit by $142K Exploit, 5.24M ENJ Drained A security exploit targeting Enjin Coin’s ERC-1155-based NFT platform has resulted in losses of approximately $142,000, according to blockchain security firm Defim…