The official wallet of the Web3 art and culture platform LiveArtX was hacked, and its platform NFTs were sold off

ChainCatcher news, the official Twitter of the Web3 art and culture platform LiveArtX stated that the official wallet has been hacked, and they are doing everything possible to resolve the issue and will keep the community updated.

According to data from NFTGo.io, the floor price of the Meta-morphic: Seven Treasures series NFTs issued by LiveArtX has dropped to 0.2 ETH, with a 24-hour decline of 83.87%. Additionally, the trading volume of this series has increased by 593.44% in the last 24 hours.

Previously reported, in March of this year, LiveArtX launched the utility token ART and announced a $4.5 million investment commitment from venture capital firms including Animoca Brands, Binance, KuCoin, and Alameda Ventures. (Source link)