Meebits NFT minted via an exploit fetches over $750k
Hackers have stolen billions of dollars from crypto exchanges over the past decades. They have mostly targeted crypto trading platforms and other service providers. However, they have now found a way to exploit nonfungible tokens (NFT), making over $700k in the process.
Meebit NFT exploit sells for over $750k
LarvaLabs' NFT platform Meebit suffered an attack yesterday. The exploit allowed the attacker to cheat the system and get an ultra-rare NFT.The attacker revealed his exploits via a series of tweets yesterday. Following the exploit, the attacker sold the NFTs for 200 Ether, currently around $765,000. The hacker tweeted, “Selling punks with unminted meebits @ floor for unminted meebits (30 ETH per). I have 5, DM me if interested.” The attacker, 0xNietzsche, further talked about his exploits on Twitter, claiming that he anticipates making $300,000 per hour during the course of the attack. He deleted the tweet, admitting that it sounded douchey.
The exploit was made possible by rerolling his Meebit mints until the contract granted him the one he desired. The Meebits contract came with a zipped Interplanetary File System file, revealing the characteristics of each Meebit’s ID. The IDs of the Meebits are now public. However, the characteristics were hidden until knowledge of the IPFS leak spread. Due to this, 0xNietzsche made a list of the desirable IDs and developed a contract that minted the Meebits numerous times. He canceled the transaction when he didn’t get a good ID.
The Etherscan address showed 353 transactions, with most of them failing to obtain the required Meebits. The successful roll was for Meebit 16647, a “visitor” or alien. It was purchased by collector Pransky for 200 Ether.
LarvaLabs shuts down marketplace following the attack
Following the exploit, LarvaLabs announced on its Discord channel that it has temporarily shut down the marketplace to ensure no further minting takes place. “We have temporarily paused community minting and trading in the Meebits contract. The contract is safe, all Meebits are safe, and trading is working just fine,” LarvaLabs said.LarvaLabs launched the Meebits collection as an upgrade to its existing CryptoPunks NFT collection. In its announcement of the Meebits, LarvaLabs said, “If the Cryptopunks are an ideal 2D avatar for Discord, Twitter, and other social media, then we hope that the Meebits will be the 3D avatar for virtual worlds, games, and VR. We are bullish about the metaverse future, and we look forward to seeing how the Meebits are used in such environments.”
Some CryptoPunk and Autoglyph holders have yet to redeem their Meebit NFTs.
Continue reading by joining Cryptonary Pro
$1,548 $997/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
24/7 access to experts with 50+ years’ experience Terms
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
Recommended from Cryptonary
