Members of the NFT platform LiveArtX team stated in the official Discord that hackers stole 100 NFTs stored in the treasury and 97 NFTs originally used for activities (the storage address starts with 0xCaF6) in this attack. Afterwards, hackers quickly sold the stolen NFT by accepting bids, causing the floor price of NFT to drop rapidly. At present, the team has upgraded the contract and frozen the stolen NFT. For users who have purchased such NFT, the team will repurchase and provide additional compensation. The team said that a large number of NFTs were stolen this time because it failed to separate the treasury wallet from the operation wallet, and failed to set the treasury wallet as a multi-signature wallet, so that multiple team members stored private keys, which improved Risk of being hacked.