“# Hong Kong NFT project Monkey Kingdom loses $1.3M in phishing hack, launches compensation fund ” According to its developers, the hack first occurred with the breach of Grape, a popular solution for verifying users on Solana. Hackers then used the exploit to take over an administrative account, which posted a phishing link in the Monkey Kingdom Discord’s announcement channel. Users who followed the link connected their wallets expecting they would receive an NFT but instead were drained of their SOL tokens by the scammer. Announcement on the discord hack [pic.twitter.com/1r7svjlZcB] — Monkey Kingdom (@MonkeyKingdom_) [December 21, 2021] Tragically, the…