200 ETH Stolen in Yuga Labs Discord Hack
Categories: Crypto News US
BAYC on the Back Foot The news broke when Twitter user OKHotshot posted screenshots showing that a project community manager’s Discord account appeared to have been hacked, resulting in scammers being able to carry out a phishing attack.Subsequently, Yuga Labs’ co-founder Gordon Goner tweeted that “Discord isn’t working for Web3 communities. We need a better platform that puts security first.” Most didn’t take kindly to the lack of responsibility exhibited by the BAYC team, with one indignant user saying: you didn’t lose your NFT because you used Discord. you lost your NFT because you signed a malicious transaction with your key. stop blaming Discord, another client won’t save you from repeating the same mistakes. The Wrong Kinds of Headlines BAYC has been in the news a fair bit of late, albeit for the wrong reasons. Aside from its floor price dropping by over 50 percent in the past six months, this latest exploit is unfortunately not the first.In April this year, BAYC’s Instagram account was compromised, resulting in US$2.8 million worth of NFTs being stolen. And in the following month, it committed what could only be described as a “minting fail” where over US$157 million in ETH was burned as part of the launch of its “Otherside” metaverse.