Yuga Lab's Bored Ape Yacht Club or Otherside Metaverse Discord services were hacked to publish a phishing scheme, hackers allegedly took approximately $257,000 in Ethereum and 32 NFTs. A Yuga Labs community manager's Discord account was allegedly hacked on June 4 and used to spread a phishing scam on the firm's Discord servers.
According to Coindesk, the attacker hacked Boris Vagner's Discord account, put many phishing links on the account, its related metaverse account 'Otherside,' and the NFT fantasy football team Spoiled Banana Society's (SPS) Discord account. As of 8.50 a.m., the worldwide crypto market capitalization had increased by 3.43 percent to $1.27 trillion. According to Coinmarketcap data, worldwide crypto volume increased by 18.04 percent to $51.24 billion.
The phishing communications, which claimed to be from Vagner, advertised an exclusive prize and stated that only BAYC, Mutant Ape Yacht Club, and Otherside NFTS holders were eligible. The owners were then directed to a phishing site, where they were requested to input the login information. The attackers then took all Ethereum and NFTS contained in the account's associated wallet after receiving the login credentials. Yuga Labs finally regained login to the Discord server, but not before significant harm had been done.
The seized NFTS were worth roughly 200 ETH ($361,000) according to BAYC's official Twitter account. The perpetrators made off with 145 Ethereum and 32 NFTS, valued at a total of $250,000.
Approximately 32 NFTs were taken, according to blockchain cybersecurity firm PeckShield, including the Bored Ape Yacht Club, Otherdeed, Bored App Kennel Club, and Mutant Ape Yacht Club projects.
As per the reports, it is unknown how the forum manager's account was hacked or whether two-factor authentication was turned on, which generally protects against such assaults.