A phishing attack (phishing attack)Yuga Lab’s Bored Ape Yacht Club (BAYC) and Otherside projects’ Discord servers appear to have been taken over by a phishing attack.
As a result of this unfortunate event, the attackers Ethereum He allegedly stole ($256,000) worth of tokens. It appears that a community administrator’s account has been compromised, allowing attackers to access administrator accounts on the servers.
🚨BAYC & OtherSide discords got compromised‼️
Seems because Community Manager @BorisVagner got his account breached, which let the scammers execute their phishing attack. Over 145E in was stolen
Proper permissions could prevent this pic.twitter.com/lCl2DfZQ0W
— OKHotshot (@NFTherder) June 4, 2022
Next, the hackers get a link to a phishing site that entices users to link their wallets to access a “special gift”. they published. BAYC Discord was locked after this incident, and administrators on the Otherside server advised users to disable direct communication.
This is far from the first Discord hack BAYC has had this year. NFT Coin has suffered a series of phishing attacks in the last three months, with a large number of NFTs stolen in the process.
32 NFTs stolen in phishing attack
According to data from blockchain security firm PeckShield, 32 NFTs were stolen during this attack, including a BAYC token, two Mutant Apes, five Otherdeeds and a Bored Ape Kennel Club token.
As mentioned above, this development NFT CoinWhile it’s not the first hack that ‘s experienced, it seems to be one of the most damaging to the project in recent times. Previous attacks this year saw about one to two tokens stolen per attack.
Although the size of the attack is quite large, Yuga Labs has not yet made an official statement on the subject. BAYC’s floor price, on the other hand, has fallen by about 3 percent in the last 24 hours, according to data from Coingecko.
Bored Ape is the target of repetitive attacks
Given its status as the most valuable NFT collection, the project has been the target of several phishing and hacking attempts since its inception.
The social media platforms of the project suffered two major attacks in April. More recently, actor and producer Seth Green had his own Bored Ape stolen.
So far, it’s unclear whether Bored Ape owner Yuga Labs has taken any measures to improve security. The business with the most valuable collections is by far the largest player in the NFT space.
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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.