NFTs stolen from the Bored Ape Yacht Club account on Instagram worth 2.6 million euros

MADRID, 26 Apr. (Portaltic/EP) –

the account in Instagram from Bored Ape Yacht Clubcommunity of non-fungible tokens (NFT) property of YugaLabshas been the victim of a cyber attack that has resulted in the theft of various assets valued at 2.8 million dollars (2.6 million euros at current exchange rates).

Yuga Labs, parent company of Bored Ape Yacht Club, is investigating an attack of phishing that has left the Instagram profile of this NFT collection without several of its pieces, as it has recognized this Monday through his official Twitter account. In his post, his followers have been advised not to mint new tokens, click on any links, or link their wallet to anything.

The attacker has used the ‘phishing’ technique to, after hacking access to the Bored Ape Yacht Club account on Instagram, publish an ad about a fake ‘air drop’a technique whereby companies send newly minted tokens for free to boost their commitment to a cause.

This ‘Airdrop’ in question promised access to an upcoming Bored Ape project, for which it asked users to connect their wallets MetaMask. Once done, the site has stolen your digital assets, which have finally been transferred to the attacker’s wallet.

The attacker’s account, which has already been identified, has amassed a total of 91 NFT, of which only some were from Bored Ape, according to specialized media The Block. zeriona DeFi aggregator for cryptocurrency investors, estimates the total value of the stolen NFTs to be $2.8 million (€2.6 million at current exchange rates) based on the minimum price of the respective collections.

The co-founder of Bored Ape, Garga, has stated on Twitter that the firm will be in contact with its affected users and has defended that the Instagram account “followed the best practices” and had two-factor authentication enabled.

Garga has also clarified that, despite information published in some media, only 10 NFTs have been stolen from his collection. However, the value of each of them is six figures. The Verge recalls that four of the stolen NFTs have been sold in recent months for an amount of ethereum which, at the current exchange rate, represents more than one million dollars (900,000 euros).

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