Someone hacked Bored Ape Yacht Club’s official Instagram account and posted a malicious link that lured followers into sending over their NFTs this afternoon. They got away with a haul worth at least $2.7 million.
Bored Ape NFT thief steals $2.7 million in Instagram hack
However, many Bored Ape Yacht Club members lost high-value NFTs in an attack. Today, a malicious attacker hacked the green chip NFT collection Instagram account, posting a malicious link withdrawing NFT from their Ethereum wallet. The Bored Ape Yacht Club issued a warning about the hack on its social media channels shortly after the attack occurred.
🚨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.
— Bored Ape Yacht Club (@BoredApeYC) April 25, 2022
The link is labeled as a landing page for the sought-after collection’s Otherside project, which is out this week. However, when the victims clicked the link and connected their wallets, they unwittingly agreed to send their NFTs to the hacker.
Etherscan data shows that the attacker stole 91 NFTs, including four Bored Apes, worth more than $420,000 each. They stole an additional 10 NFTs from the Bored Ape-affiliated Gorilla Breeding Club and the Bored Ape Monkey Breeding Club’s collections, one Deadfellaz NFT and one CloneX NFT. Based on the current floor price, Crypto Briefing has calculated the value of a block to be at least 950 Ethereum, or about $2.7 million.
Today’s hack is the latest in a series of attacks targeting Bored Ape Yacht Club community members. A similar attack occurred earlier this month when a malicious attacker hacked the project’s Discord server. Phishing attackers have specifically targeted Bored Ape owners in the past due to the high value of the NFT. In February, a phishing attacker posing as OpenSea stole over $3 million worth of NFTs from the Bored Ape Yacht Club collection.
The entry price to become a Bored Ape Yacht Club member is currently at an all-time high ahead of the highly anticipated Otherside launch. As prices continue to soar, opportunists increasingly seek to profit at the expense of the Bored Ape community.
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