Bored Ape Yacht Club (BAYC) NFT Project Hacked on Discord

Panic grips users as the Bored Ape Yacht (BAYC) project has been hacked yet again. Yuga Labs, the creator of BAYC NFT and Otherside Metaverse is making news again for a “ phishing “. Scammers allegedly stole thousands of dollars from NFT. This attack comes just a month after the network’s latest scam. Does the project face significant security issues?

Bored Ape Yacht Discord Server Attack

The scammers have found a way to enter the Discord groups of BAYC and also of the OtherSide metaverse. In fact, two official accounts were hacked. The scammers then managed to share and get people to click on links from phishing and steal their NFTs. To be precise, the thugs hacked the account of Boris Vagner, community and social manager of Yuga Labs. They were able to gain direct access to the employee’s account.

This new type of attack is quite widespread, especially this year. Recently we highlighted the increase in the number of scams and scams in the cryptocurrency world. The link of phishing promised limited giveaways to users who hold the NFTs. Coming from an authentic source, anyone could have fallen for it. And that’s exactly what scammers try to do: hack into accounts that have some level of authenticity in order to trick users more easily.

Feedback from users and BAYC

The hackers managed to steal several NFTs, a priori 32, including a Bored Ape Yacht Club token, two Mutant Apes NFTs, five Otherside NFTs and one Bored Ape Kennel Club token. The total value of the loot is around $256,000.

BAYC has already experienced three attacks this year. Users lost millions of dollars. Meanwhile, officials announced via Twitter not to hit any NFTs until the issue is resolved. The scam is nothing new compared to what is already practiced in the cryptocurrency market. Web3 users just need to be more vigilant. It is advisable to use two-step authentication, sometimes hackers can even bypass it. The exact details of this hack are still unknown, but users should keep an eye out.

Conclusion

Users are slowly adapting to new Web3, Crypto and NFT platforms. Scams and scams are part of every ecosystem. Users are recommended to be extremely careful and vigilant when engaging with third-party platforms. Due to new hacking schemes, scammers are playing games and manipulating investors. It will always be important to verify information even when it comes from an authentic source. The proof with this new scam which has unfortunately made the misfortune of more than one user.

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Emile Stantina

Interested in investment and financial markets after a business school in Chambéry, the passion for cryptocurrencies was obvious. The blockchain is surely the universal tool of tomorrow.

We wish to thank the writer of this short article for this remarkable content

Bored Ape Yacht Club (BAYC) NFT Project Hacked on Discord


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