Bored Ape Yacht Club NFTs have become a staple in crypto culture. As one of the most recognizable collections in the NFT landscape, that too has come with a major target for scammers, hackers, and other unsavory players.
As the NFT space grows, so too does the sophisticated nature of exploits and hacks. Over the weekend, this was on prime display, as a sophisticated scheme resulted in a major Bored Ape collection heist.
Bored Ape Blues
Hacking and exploits targeting Bored Ape owners are nothing new. Case studies surrounding the collection span for well over the past year: from Hollywood actor Seth Green, to entire Discord exploits, we’ve seen a whole garden variety of successful BAYC exploit attempts.
While it’s no fault of Yuga Labs, these exploits continue to shine light on how vital wallet security is for holders of the popular NFT collection. Furthermore, these types of exploits are far from being exclusive to Bored Ape…