Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Input
Input
Lifestyle
Andrew Paul

Bored Apes got itself hacked... again

Bored Ape Yacht Club’s owners at Yuga Labs confirmed that the official Discord server suffered a massive phishing attack over the weekend that made off with NFTs totaling 200ETH — roughly $360,000. After news first broke of the potential hack, it took Yuga Labs over 11 hours to confirm the cartoon monkey heist via Twitter. BAYC encouraged anyone affected to email discord@yugalabs.io regarding the issue. “As a reminder, we do not offer surprise mints or giveaways,” BAYC said in a follow-up tweet.

This is at least the third time this year alone that Yuga Labs’ NFTs have been successfully attacked. Most recently, hackers managed to post a fake minting via the company’s official Instagram in late April that resulted in millions of dollars being stolen. Our thoughts go out to all those NFT owners hoping to land their Bored Apes in an official feature film...

The bubble continues to burst —

This weekend’s BAYC heist is just the latest salt rubbed in the NFT world’s wounds. In a progression of events almost everyone outside the insular NFT world saw coming, the shaky house of digital cards appears to still be collapsing, with values tumbling and scams being uncovered weekly... not to mention the rampant racism and other unsavory elements running through the ecosystem.

NFTs unfortunately aren’t going anyway just yet, but perhaps continued forced errors like this latest hack (and that Beeple x Madonna collab) will keep minimizing how much we have to endure going forward.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.