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HomeEditor's ChoiceYuga Labs Issues A warning of  Possibly Arranged Attack

Yuga Labs Issues A warning of  Possibly Arranged Attack

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  • Yuga Labs cautions is twitter community on a possible attack
  • The warning comes days after the Premint NFT attack
  • Yuga Labs co-founder had initially issued another warning

On 19th July 2022, Yuga Labs issued a warning of a possible arranged attack on several NFT communities through compromised social media accounts.

The Bored Ape Yacht Club (BAYC) creator aired the warning through its Twitter platform.

Yuga Labs announced that the company has been scrutinizing a threat group that persistently targets the NFT community. The company urged its Twitter followers to take extra caution and to stay safe.

Premint NFT platform’s previous attack

The warning comes days after the Premint NFT platform hack. The attackers made away with approximately 314 NFTs and $375,000 of ETH.

The hacking occurred on 17th July 2022 and registered as one of the largest hacks in 2022.

The attackers inserted malicious codes into the Premint website exposing the 12,000+ NFT projects that run on the platform.

The malicious code could generate pop-ups spurring users to verify the ownership of their wallets. Once a user entered the code the attacker would gain access to the victim’s wallet and transfer their NFTs.

The attackers managed to access six wallets that contained the Bored Ape Yacht Club, OtherSide, Oddities, and Goblintown NFTs.

Premint later took action and urged users to refrain from codes or links that asked them to sign any sort of transaction on the platform.

Users of the Premint NFT platform can log in without the need for their wallets a move that Premint NFT claims as a more safe and more secure way to log in.

Not so long ago, in June 2022, the BAYC and the OtherSide NFT official Discord groups were also compromised. Scammers used the discord groups of the official BAYC, Mutant Ape Yacht Club and OtherSide to share their phishing links.

Past Yuga Labs Attack warnings

Initially, in June 2022, pseudonymous co-founder Gordon Goner issued an attack warning through the Yoga Labs Twitter account. Gordon warned the community not to participate in any surprise mints.

He urged that attackers commonly used surprise mints to lure their victims.

The warning prompted Twitter officials to take caution by monitoring accounts and strengthening the social platform’s security. 

 

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