Published: 25.04.2022
Article reading time:
2 minutes.
On the official Instagram account of Bored Ape Yacht Club (BAYC) developers, unknown people posted information about the distribution of tokens and stole 91 NFTs worth $2.8 million from deceived users.
BAYC developers themselves wrote about what happened on Twitter. The fake Instagram announcement was about some kind of upgrade and giveaway of LAND tokens. To take part in the distribution, users had to connect their Metamask wallet. To lure customers, the attackers used the Bored Ape roadmap, which includes a game with elements of the metaverse and virtual lands. When users connected their wallets and confirmed the transaction, they forfeited their non-fungible tokens.
The wallet of the hacker who carried out the phishing attack contains 91 NFTs. According to Zerion, the value of the stolen NFTs is at least $2.8 million, including four NFTs from the Bored Ape Collection (BAYC), six Mutant Apes (MAYC), and three NFTs from the Bored Ape Kennel Club (BAKC). The hacker also stole one CloneX and items from other collections: EightBit, Alien Fren and Toxic Skull Club.
The BAYC team reported that the issuance of tokens was immediately suspended. Users are advised not to release anything, not to click on suspicious links, and not to link their wallet to anything. BAYC added that two-factor authentication was enabled for their account. They also promised to contact affected customers.
This is not the first time the BAYC project has been hacked. In April, developers reported that their Discord account had been hacked, and at least four collectible tokens were stolen in a phishing attack.
Source: Bits
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
