cyberattack on Instagram account, A criminal hacker has gained access to the Instagram profile of the Bored Ape Yacht Club via a cyber attack. In the attack, 133 NFTs were stolen, which together are estimated to be worth about 2.4 million dollars (more than 2.2 million euros).
Bored Ape Yacht Club issues unique images of drawn monkeys as NFTs. These are sought-after works that are sometimes traded for hundreds of thousands of dollars.
The hackers entered the Instagram account through a phishing attack, reports Bored Ape Yacht Club in a message on Twitter. In a phishing attack, a criminal pretends to be someone else to break into.
Once in the account, the malicious hacker shared a fraudulent link to a fake Bored Ape Yacht Club website. People were promised that they would get free NFTs if they linked their wallets, but the hacker was able to take over their wallets.
What is an NFT?
- An NFT (non-fungible token) is a unique digital proof that shows that you own a certain piece of data that you can buy and sell, such as a digital artwork or the first Twitter message.
A total of 133 NFTs were captured. Among them were also four ‘Bored Apes’. The most expensive one was Bored Ape 6623, which was recently sold for 123 Ethereum. That gives the image a value of about 345,500 euros. Together, the four pictures were worth about 1 million euros.
Bored Ape Yacht Club says it now has access to the Instagram account again. The malicious links have been removed. The NFT maker says to investigate the situation and asks victims to contact him.
Hacker steals $2.4 million worth of NFTs after cyberattack on Instagram account
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