Attack on TreasureDAO
The crypto community recently started to doubt the capability of TreasureDAO when its official trading market and Bridgeworld games got suspended abruptly.John Patten, the co-founder of the TreasureDAO, confirmed the attack through a tweet posted on March 3, around 1:00 am UTC.
Treasure recently advised its users to delist "everything" through its Discord server by adding that the marketplace has been paused. The team further later informed that it had identified the issue.
After the announcement, the panicked users shifted to social media to display red flags. While there has been no official statement on the extent of the exploit, a Twitter sleuth indicated a suspicious address that might be associated with the hacker.
The address has acquired multiple Smol Brains — among the most popular NFTs traded on Arbitrum. The total estimated value of the stolen NFTs is around 426,511.38 in MAGIC — Treasure's native token. The attacker managed to get them all without paying any amount.
Consequences
As soon as the hack occurred, the price of MAGIC went down from $3.8 to $2.6, as per the data. The price, however recovered in several hours and is currently trading at $3.27, down by 13.8%.Blockchain and security data analytics company PeckShield Inc. reveals that more than 100 NFTs have been stolen till now, from different collections on Treasure marketplace.
Before this, the Twitter sleuth zachxbt raised the questions on the TreasureDAO by publishing a long thread about the project's frontend engineer Just cheese (JC) and his past history with several NFT projects.
Recently, the NFT marketplace OpenSea was hacked for NFTs worth $200 million, but the platform claims that it was actually not a hack, and victims fell to a phishing scam.
Take your next step towards crypto success
Login or upgrade to Cryptonary Pro
Pro
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.
$1,548 $799
No risk. Only upside. If we don’t outperform the market during your subscription, we will give you 100% of your money back. No questions asked
What’s included?
24/7 Access to Cryptonary's Research team who have over 50 years of combined experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily Market Updates that cover the real data that shape the market (Macro, Mechanics, On-chain)
Curated list of the most lucrative upcoming Airdrops (Free Money)
Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked
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
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.
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.
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.
How does the success guarantee work?
If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked.
Recommended from Cryptonary
