Bored Ape Yacht Club NFTs stolen: Instagram and Discord hacked
Bored Ape Yacht Club NFTs stolen: Instagram and Discord hacked
NFT

Bored Ape Yacht Club NFTs stolen: Instagram and Discord hacked

By Stefania Stimolo - 26 Apr 2022

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Yesterday, Bored Ape Yacht Club alerted users of a hacker breach of their Instagram and Discord accounts. 

In the process, a fraudulent link was circulating in the chats and the scammers managed to compromise some wallets, stealing NFTs. 

Bored Ape Yacht Club NFTs stolen by hackers

bayc nft hacker
Several NFTs from the BAYC collection were stolen due to an Instagram account hack

The team behind the famous Bored Ape Yacht Club (BAYC) NFT collection have issued an alert to their users, warning them not to mint anything.

“There is no mint going on today. It looks like BAYC Instagram was hacked. Do not mint anything, click links, or link your wallet to anything”.

Basically, the hackers apparently broke into BAYC’s Instagram account, forwarding fraudulent links to users inviting them to mint OthersideMeta “land”, which will be launched on 30 April. 

Users who fell into the hackers’ trap and clicked on the link saw their wallets compromised and some NFTs stolen. 

Bored Ape Yacht Club NFT and the fake launch of OthersideMeta

A real phishing scam that seems to have led to the theft of BAYC, MAYC, BACK and other NFTs, as claimed by the following Twitter account:

“Damn the BAYC Instagram hacker stole 4 BAYC, 7 MAYC, 3 BAKC, 1 CloneX, & more ( 91 NFTs in total)”.

The deception was executed in honour of OthersideMeta who, just hours ago, with a roundup of tweets described how the launch scheduled for Saturday will work, noting as follows:

“Safety tips:

  • Nothing will be announced or cross-posted anywhere else. NO ONE involved in Otherside will be posting on Instagram.
  • No contests or giveaways. No surprise/early drops. Everything will happen on 4/30, and only on http://otherside.xyz.
  • Don’t reply to or click on anything from any other accounts, tags, DMs, or emails.
  • Animoca, Otherside, BAYC, Yuga Labs, founders, and mods will not tag nor DM you first.
  • Never share or type your seed phrase”.

OthesideMeta: the metaverse of BAYC and ApeCoin (APE)

OthersideMeta was already foreshadowed by Yuga Labs last month, and is the metaverse of BAYC and ApeCoin (APE). 

The new metaverse also involves Animoca Brands, the online gaming giant, possibly linking the NFT and gaming sectors

The rationale behind this decision appears to have been to give the APE governance token a new use case, as its price performance has been rather turbulent. 

Starting with its launch in March 2022, APE saw an 80% collapse in its first few hours of trading, dropping from $39.40 to $6.48. 

At the time of writing, APE is in the top 30 cryptocurrencies by market capitalization, priced at $18, recording a pump of 7.60% in the last 24 hours and 42% in the last week

Stefania Stimolo

Graduated in Marketing and Communication, Stefania is an explorer of innovative opportunities. She started out as a Sales Assistant for e-commerce, and in 2016 she began to develop a passion for the digital world, initially in the Network Marketing sector, where she discovered and became passionate about the ideals behind Bitcoin and Blockchain technology, which lead her to work as a copywriter and translator for ICO projects and blogs, and organize introductory courses.

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