Bored Ape Yacht Club Hit with Massive Hack, Estimated $3M Worth of NFTs Gone

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Bored Ape Yacht Club Hit with Massive Hack, Estimated $3M Worth of NFTs Gone
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An estimated $3 million worth of NFTs was stolen. Read more from our friends at artnews.

“The security practices surrounding the IG account were tight on Yuga’s end,” Solano said in a tweet, emphasizing that two-factor authentication had been enabled on the Instagram account. “A tweet thread posted by the BAYC account explained the morning’s events: A hacker posted a fraudulent link to the compromised Instagram account that, if clicked, led victims to a copycat of the BAYC website with the promise that holders of Bored Ape NFTs would be able to mint a special new feature.

An assortment of some seventy seven other NFTs were also stolen during the hack when the hacker drained the victims wallets, according to Twitter userwho routinely investigates hacks in the NFT space. Zachxbt examined which addresses interacted with the phishing site to figure out which specific assets were stolen. In a direct message, Zachxbt estimated that in total, about $3 million in NFTs were stolen in this hack, with $2.

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