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Milady Maker, an NFT initiative on the Ethereum blockchain, has experienced a significant exploit concerning the platform’s fees and social media accounts.
Charlotte Fang, co-founder of the Milady Maker NFT collection, announced on X (formerly Twitter) on Sept. 11 that a developer within the Milady ecosystem has successfully redirected approximately $1 million in fees generated by Remilia Corporation.
Remilia is the decentralized autonomous organization (DAO) that oversees the Milady Maker NFT. According to Fang, the DAO’s revenue was compromised due to Bonkler, its experimental finance art project launched in April 2023.
“The Bonkler reserves, main contract, and NFTs remain secure; only Remilia’s revenue from Bonkler was affected,” Fang stated. She highlighted that Remilia’s reserves are “unharmed” and user assets are “completely secure.”
In addition to the fee reserves, the perpetrator has also taken control of code bases and collaborated with other team members in an effort to gain access to Remilia’s social media accounts.
Fang reported that the attacker has successfully taken over three X accounts, including Miladymaker and Remilionaire, while Remiliacorp has been locked out. “Consider those three accounts as compromised until further notice,” Fang remarked, providing new official accounts, such as RemiliaCorp333, MiladyMaker333, and RemilioBaby.
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Fang mentioned that Remilia “quickly identified” the individuals responsible for the exploit and expressed a commitment to pursue them to the fullest extent of the law. “We anticipate the return of all our property,” she stated, adding:
“For such malice, I can offer no mercy — the individuals involved have been dismissed from Remilia Corporation and will now face legal consequences.”
Established in 2021, Milady is a collection of 10,000 anime profile picture NFTs created by Fang. In May 2023, Milady NFTs received public endorsement from Tesla CEO Elon Musk, who shared a meme featuring images from the Milady NFT collection. This action led to a swift increase in the floor price of a Milady NFT, which rose from 3.8 Ether (ETH) to 7.8 ETH.
As of the time of writing, the floor price of a Milady NFT stands at 2.86 ETH, reflecting a decrease of approximately 15% over the last 24 hours, based on data from OpenSea.
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