YugaLabs warns the NFT holders to be ready for upcoming attacks

SNEAK PEEK

  • YugaLabs warns NFT communities of a “coordinated attack” via social media accounts.
  • Co-founder Gordon Goner also threatened to compromise their Twitter account in June.
  • Earlier, hackers broke into the major NFT platform and stole about 314 NFT and $375,000 in ETH.

YugaLabs, the company behind Bored Ape Yacht Club (BAYC) and ApeCoin (APE), warned that there are high chances of a “coordinated attack” targeting numerous NFT holders and communities via social media accounts.

The NFT company took over its Twitter handle on July 19 to reveal the information they have. The company’s security team has been tracking a “persistent threat group” that uses hacked social media accounts to target the NFT community and warns followers to be on the alert.   

This isn’t the first time the company has already cautioned its community about the possibility of a hacking assault using social media. 

Gordon Goner, Co-founder of Yuga Labs in June, also threatened the possible incoming attack on its Twitter social media accounts. Soon after the alert, Twitter administrators started keeping an eye on what was happening with the accounts and strengthened their security. 

Goner assured investors that the business would never indulge in surprise mints, a common tactic used by attackers to attract victims.

Premint NFT Hacked 

This latest warning came within a few days when hackers broke into the major NFT platform and stole about 314 NFT and $375,000 in ETH, making it one of the biggest NFT attacks of 2022.

Premint is a service for adding verified NFT collectors to a whitelist so that NFT artists can rapidly reach them for new NFT projects. The NFT services platform proclaims a database of more than 2.4 million collectors and more than 12,000 NFT projects. 

According to reports, the theft occurred on Sunday after hackers installed malicious code into Premint’s website. 

The attack was traced to six wallets, including NFTs, Goblin-town, Otherside, Bored Ape Yacht Club, and Otherside.