Twitter has assured the Yuga Labs co-founder that its team is keeping strong vigilance to avoid any possible exploit of their social accounts.
Owners of Bored Ape Yacht Club (BAYC) NFTs need to be extra cautious at this point. Yuga Labs, the parent company behind BAYC, is having a suspicion of an incoming attack on its social media accounts.
Gordon Goner, the pseudonymous co-founder of Yuga Labs, recently warned his followers of the incoming attack. Citing some “credible information” the co-founder also said that there’s some Twitter insider involved. Gordon Goner tweeted:
“We’ve received credible information that there may soon be an attack on our social media accounts, using an inside source at @Twitter to bypass our security. We’ve been in contact with Twitter and they confirmed that they have an active monitor on the accounts and security has been escalated. We’re feeling more secure, but please stay safe everyone. And remember there will be no surprise mints.”
Over the last year and more, Yuga Labs has sold millions of dollars worth of BAYC NFTs which have been on the radar of the hackers. In the past, the platform has also suffered hacks through its other social platforms such as Discord channels.
Earlier this month June, hackers managed to breach Yuga Labs’ BAYC and OtherSide Discord groups. reportedly, they stole over 145 ETH during the phishing attack. Blockchain detective OKHotshot wherein it revealed that the attacker hacked the Discord account of Boris Vagner, community and social manager at Yuga Labs.
Yuga Labs Fixes a Code for Bored Ape NFTs
Last week, Yuga Labs announced a fix to the code that would allow hackers to create an infinite number of Bored Ape NFTs. In fact, the team entirely deleted the segment of this code by patching this vulnerability.
Another pseudonymous Yuga Labs co-founder EmperorTomatoKetchup said:
“The contract owner has now been burned. While we’d been meaning to do this for a long time, we hadn’t out of an abundance of caution. Felt comfortable doing it now. All done”.
Attacks on the NFT marketplaces have become very common, especially on popular projects like Bored Ape and Mutant Ape. One of the biggest NFT marketplaces OpenSea has been also facing challenges in dealing with such attacks.
Hopefully, NFT buyers and those minting them should remain vigilant and should not fall for offers that look too good to be true.
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.