NFT: Bored Ape Yacht Club (BAYC) and Cryptopunks in danger …

News hardware NFT: Bored Ape Yacht Club (BAYC) and Cryptopunks in danger …

This is nothing new, the largest collections of virtual works in NFT are always the subject of evil desires. Yuga Labs, the studio behind the Bored Ape Yacht Club (BAYC) and Cryptopunks brands, has announced an imminent attack attempt. This time around, the threat to the firm’s NFTs couldn’t be more alarming …

NFT under methodical attack

This Tuesday, July 19, Yuga Labs alerted its community to the premeditation of a potential large-scale theft, targeting its collections, among others. The studio that owns the two largest collections on the NFT market, namely Bored Ape Yacht Club (BAYC) and Cryptopunks, has its own surveillance network. For this reason, Yuga Labs was able to shed some light on what appears to be a finely organized NFT attack plan:

“Our security team monitored a group of persistent threats targeting the NFT community. “

For the moment, no more details on the modus operandi of the group, however in this tweet the famous study explains that the operation is imminent and could take place on the social networks of some important accounts (the official accounts of the receipts or the accounts of the Yuga team).

“We believe they may soon launch a coordinated attack targeting multiple communities via compromised social media accounts. “

With these elements it can be imagined that hackers will try various tricks with the aim of phishing or issuing requests for fake signatures to start with the NFTs held on the crypto wallets of the victims.

Powerless for the moment, the brand warns, once again, its various communities (Cryptopunks and Bored Ape Yacht Club) in order to save a few tokens along the way.

“Please be vigilant and stay safe. Yuga Labs explains on his twitter account.

Unfortunately, this climate of stress for collectors is not new… On the contrary, the owners of Bored Ape (BAYC) are regularly the target of scams of all kinds.

Bored Ape, the popular collection among hackers

Although crypto and NFT “wallets” are highly secure, holding so much value on a virtual wallet can be a cold sweat … And for good reason, holders of these non-fungible tokens (NFTs) are routinely solicited on many platforms, also where to feel safe.

In April 2022, the Bored Ape Yacht club collection had been the subject of a hack of exceptional proportions. At the time, an individual took over the Bored Ape Yacht club’s Instagram account to post a fictional “gift”. The hacker walked away with a large amount of NFTs worth a total of € 3,000,000.

Last month, Bored Ape’s official Discord server was compromised. A hacker had managed to take control of an administrator account to publish, once again, a fake giveaway. Budget: 200 ETH, or € 332,000.

And that’s not all … On June 12, a few days after the hacking of the Discord, the company reported that it had received tangible information about an impending attack via Twitter:

“We have received credible reports that there may soon be an attack on our social media accounts, using a source within Twitter to bypass our security. There are no surprise sales upfront. explained Gordon Goner, co-founder of the Bored Ape Yacht Club.

Digital avatars with monkey or punk heads will never stop attracting greed, despite the bear market. Although the value of these NFTs has been halved, the current price of a Bored Ape or cryptopunk is over € 130,000, a factor that motivates web3 hackers to continue …

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