BAYC and OtherSide witness phishing attack; lose 145 ETH
Bored Ape Yacht Club (BAYC) and OtherSide, two of the most well-known non-fungible token (NFT) offerings by Yuga Labs, suffered a phishing attack in which investors lost 145 $Ethereum(ETH.CC$ or $260,000.
Previously, on May 25, another attack caused a Proof Collective member to lose 29 high-valued ETH-based Moonbirds NFTs, costing the member $1.5 million.
Yuga Labs is yet to make any official statement on the attack. The total loss from the attack is yet to be made clear. However, the increase in the frequency of such attacks in recent months is a warning sign for NFT owners to be careful while dealing with third-party platforms. Even if the link appears trustworthy or comes from a known source, it is always advisable to double-check everything before making a move.
Previously, on May 25, another attack caused a Proof Collective member to lose 29 high-valued ETH-based Moonbirds NFTs, costing the member $1.5 million.
Yuga Labs is yet to make any official statement on the attack. The total loss from the attack is yet to be made clear. However, the increase in the frequency of such attacks in recent months is a warning sign for NFT owners to be careful while dealing with third-party platforms. Even if the link appears trustworthy or comes from a known source, it is always advisable to double-check everything before making a move.
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