Millions worth of NFT stolen after board apps hack Instagram – The Defender
Ape owners are the victims of scandals.
In recent work, some users have lost their Board App Yacht Club (BAYC) and other NFTs after the project’s Instagram was hacked, pointing users to a malicious website that promises an airdrop on virtual land.
According to the on-chain sleuth, zachxbt, The hacker stole A total of 91 NFTs, including four boring apps and seven mutant apps. As of April 25, these 11 NFTs are priced at $ 2.6M at current floor and ETH prices.
zachxbt also shares the address of the attacker’s wallet which is seen to fall as the price spikes and then the attacker drops off NFTs.
The board apps site seems to have redirected the Instagram favicon to its homepage to reduce the damage.
Not the first time
In the past BAYC holders have often been successfully targeted by scammers, with prominent crypto commentator Cobie calling for a change. “Yuga Labs or ApeCoinDAO should create a custody service as soon as possible,” he said. Tweet.
Cobie outlines a model where users can hold a proxy BAYC NFT in their active wallet, but the original will remain with an official BAYC entity and will only be redeemed by its owner after an identity verification process.
Other influencers have arguably piled up with less constructive posts – DeGeneres has posted a fake form asking its 137,000 followers to submit their seed phrases, including a spoof bonus for BAYC holders. BAYC holders giving up their personal keys, which handed over control of their wallets, have become one Ongoing joke In crypto
In response to the hack, BAYC co-founder Gargamel, Tweet That “nothing important will ever be posted on Instagram again.”
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