Bored Ape Yacht Club NFT Community Is Compromised, Some Funds Stolen

NFT

Biggest collection in industry suffered phishing attack

According to a report by Colin Wu, the Bored Ape Yacht Club Discord account has been compromised, with some users’ funds being stolen and already made in the market. At least one NFT has been stolen, according to EtherScan.

Right after the exposure of the biggest NFT collection in the industry, Doodles’ official discord account was also compromised. It is not yet clear if hackers stole any NFTs from the collection.

The official Bored Ape Yacht Club Twitter account, with nearly a million followers, also posted a warning for its users, asking them not to hit anything from the official Discord channel.

Not funny April Fools’ joke

Obviously, the date of the exploit chosen by the hackers was not random. Often, crypto and non-crypto projects do various events to incentivize their communities and distribute prizes. That is why hackers exploited users’ trust and made the exploit look like an April Fools’ joke.

In its warning tweet, BAYC told subscribers and NFT holders that this was not an AirDrop or April Fool’s joke or event. The project also said that other NFT collections are currently under attack and that users should not use any links they see in NFT-related Discord channels as they could lead to phishing websites.

At press time, at least nine transactions related to “Fake Phishing5519” are registered at Etherscan, which may suggest that the hacker stole more pieces from the collection than only one MutantApeYachtClub #8662. The value of the address is currently at $65,000.

Unfortunately, this is not the first hacking or phishing attack against the community, collection or even the NFT market. Earlier this year, the largest NFT trading platform, OpenSea, suffered a series of hacks, phishing attacks and exploits, which resulted in massive losses for users.

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