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This warning comes just days after Premint NFT was compromised by hackers, who stole more than 300 NFTs as well as $375,000 worth of Ethereum.

Yuga Labs, creator of Bored Ape Yacht Club (“BAYC”) has warned that there could soon be an “coordinated attack” against multiple non-fungible token communities (NFT).

On July 19, the NFT company informed its Twitter followers that it was tracking a “persistent danger group” through compromised social media accounts. It urged followers to stay alert.

This is not the first warning the company has given to its customers about a possible attack by hackers via social media.

Gordon Goner (pseudonymous co-founder at Yuga Labs),  warned about a possible attack on its Twitter social media accounts.

Twitter officials started monitoring the activity of the accounts shortly after the warning and strengthened their security. Goner assured investors that the company would not conduct surprise mints. This is a common method used by attackers to lure victims.

Two official Discord groups that were linked to BAYC or OtherSide NFTs were also compromised in the month. This allowed scammers to share various Phishing links into official BAYC, Mutant Ape Yacht Club and OtherSide discord groups.

Cointelegraph reached out to Yuga Labs for additional information about the “persistent danger group” and possible attack, but was not immediately responded to.

Premint NFT website hacked
Yuga Labs has issued a new warning just days after Premint NFT was hacked by threat actors. They stole approximately 314 NFTs, and $375,000 in Ethereum ( ETH). This makes it one of the biggest NFT hacks in 2022.

Premint, an NFT whitelisting platform, helps NFT artists quickly access a large number NFT collectors. This whitelists them for new NFT project ideas. This platform offers more than 12,000 NFT project ideas and has a database that includes more than 2.4 millions collectors.

Blockchain security firm Certik claims that the thefts took place on Sunday, after hackers infected malicious code to Premint’s website.

The code generated a popup asking users to verify their wallet ownership. However, hackers were granted the permissions to transfer NFTs from their victims’ wallets.

Six wallets were among those that fell victim to the attack. They contained NFTs including Bored Ape Yacht Club and Otherside, Oddities and Goblintown.

Premint stated that it would continue to investigate the incident and reminded users they would never be asked for any type of transaction on the platform.

In light of the attack, the platform was also modified to allow users to log into without using their wallets. This is claimed to be safer and easie

The post Yuga Labs Security Team Has Warned of More Hacks Coming For NFT Communities first appeared on The Daily Encrypt.


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Angie Byrd