One of Ferrari's subdomains was hijacked yesterday to host a scam promoting fake Ferrari NFT collection, according to researchers.
What makes the scam particularly interesting is the fact that the luxury carmaker had earlier announced plans to launch NFTs in partnership with tech firm Velas.
The Ethereum wallet associated with the cryptocurrency scam appears to have collected a few hundred dollars before the hacked subdomain was shut down.
An NFT, or Non-Fungible Token, is data stored on a cryptocurrency blockchain that a digital certificate has signed to prove that it is unique and cannot be copied.
Last year, Ferrari announced plans to launch NFT products in partnership with tech firm Velas, making this scam all very convincing.
The crypto scam titled "Mint your Ferrari" enticed visitors to buy NFT tokens, falsely touting that Ferrari introduced "a collection of 4,458 horsepower [sic] NFTs on the Ethereum network."
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What makes the scam particularly interesting is the fact that the luxury carmaker had earlier announced plans to launch NFTs in partnership with tech firm Velas.
The Ethereum wallet associated with the cryptocurrency scam appears to have collected a few hundred dollars before the hacked subdomain was shut down.
Ferrari's site featured 'Mint your Ferrari' crypto scam
On Thursday, ethical hacker and bug bounty hunter Sam Curry reported seeing one of Ferrari's subdomains forms.ferrari.com hosting a fake NFT (Non-Fungible Token) scam.An NFT, or Non-Fungible Token, is data stored on a cryptocurrency blockchain that a digital certificate has signed to prove that it is unique and cannot be copied.
Last year, Ferrari announced plans to launch NFT products in partnership with tech firm Velas, making this scam all very convincing.
The crypto scam titled "Mint your Ferrari" enticed visitors to buy NFT tokens, falsely touting that Ferrari introduced "a collection of 4,458 horsepower [sic] NFTs on the Ethereum network."
https://www.bleepingcomputer[.]com/...hijacked-to-push-fake-ferrari-nft-collection/
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