By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
  • Home
    • About us
    • About Hinza Asif
  • News
    • Cryptopedia
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • Altcoin News
    • Latest Metaverse & NFT News
      • Metaverse & NFT Games
      • Virtual Land
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
    • Event List
Search
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit Press Release
  • Submit NFT Project
© 2022 NFTStudio24.com News Network. All Rights Reserved.
Reading: Yuga Labs warns of a possible “coordinated attack” targeting NFT communities
Share
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Search
  • Home
    • About us
    • About Hinza Asif
  • News
    • Cryptopedia
    • Latest Metaverse & NFT News
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
    • Event List
Have an existing account? Sign In
Follow US
  • About us
  • Advertise with us
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
HOME > News > LATEST NFT NEWS & METAVERSE > Yuga Labs warns of a possible “coordinated attack” targeting NFT communities
LATEST NFT NEWS & METAVERSENews

Yuga Labs warns of a possible “coordinated attack” targeting NFT communities

news room
Last updated: 2022/07/22 at 12:41 PM
By news room Published July 22, 2022 592 Views 4 Min Read
Share
YugaLabs Warning 1
SHARE

In a recent tweet, Yuga Labs warns the NFT community about a group of persistent attackers. According to Bored Ape’s creator, the group is planning on a possible coordinated attack through compromised social media accounts in various communities.

Contents
Yuga Labs warns the NFT community of possible cyberattackInvisible Friends Twitter alerts its communityFinal words
Yuga labs warning

Hacks and stolen NFTs have become the biggest challenge for the NFT community. According to Top10VPN, a global digital privacy and research group, the NFT industry lost around $52 million worth of NFTs in four months of 2022. 

These attacks have happened on a large scale including Axie Infinity’s Ronin bridge hack that stole $620M. Multiple communities have fallen into the trap of similar phishing attacks sabotaging the security and privacy of the users. 

Despite being a private Discord community, hackers find ways to compromise big accounts and then use them to prey on users within the server. Many NFT companies are trying to crack down on the mastermind behind these hacks. Even the British Army didn’t escape as the hackers attacked their official Twitter and YouTue to steal crypto wallets. 

After the British Army hack, Molly White, a Web3 blogger, claimed that a group was repeatedly committing NFT scams in various communities. This group might be the same or different from the one that Yuga Labs cracked in the recent investigation.

 

Our security team has been tracking a persistent threat group that targets the NFT community. We believe that they may soon be launching a coordinated attack targeting multiple communities via compromised social media accounts. Please be vigilant and stay safe.

— Yuga Labs (@yugalabs) July 18, 2022

Yuga Labs warns the NFT community of possible cyberattack

Yuga Labs’ Discord server was compromised last month and the team opened up an investigation to crack down on the group behind the act. The hackers stole $361,000 worth of NFTs from Bored Ape Yacht Club and the Otherside Discord server. 

On Tuesday, 19 July, Yuga Labs released a tweet to warn its users about the group of hackers. These hackers might be the ones who hacked into the Discord server, and many other recent NFT community attacks. According to Yuga Labs, this group has been repeatedly stealing NFTs through phishing attacks and also warned that an attack might be underway. 

🚨No surprise mints will be coming from this account or @garbagefriends🚨
Be safe. We will announce with ample notice before any mint or airdrop.

— Invisible Friends🌪👟👟 (@InvsbleFriends) July 18, 2022
Invisible Friends Twitter alerts

Invisible Friends Twitter alerts its community

Following the Yuga Labs announcement and Premint cyberattack, Invisible Friends also made an official tweet to warn its community about the attack. The tweet read: “No surprise mints will be coming from this account or @garbagefriends 🚨 Be safe. We will announce with ample notice before any mint or airdrop.”

The hackers usually use surprise mint or airdrop to target crypto wallets. Many users fall for these phishing attacks thinking that it is posted by the team themselves. Many projects including Yuga Labs have warned their communities not to click on any links posted by the official accounts of any team member. 

Final words

In a bear market where NFT holders are already at a loss, the hackers are making it hard to survive in the industry. Despite various security measures by companies, the attackers always find a way to crack open the loose ends and steal valuable digital assets.

Yuga Labs’ warning comes with an alert for all NFT communities to take personal security measures instead of relying on the NFT project teams for protection. 

Furthermore, the recent tweet by Yuga Labs indicates that the team might have finally cracked down on the group of hackers behind the Discord server hack. The Bored Ape creator company might release further details on the case soon.

Sign Up For Daily NFT Drops

Don't miss the next NFT drops!!!
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article AI Artist Sophia Crespo NFTs on SuperRare AI Artist Sophia Crespo to debut stimulated lifeform art NFTs on SuperRare
Next Article TRON DAO Reserve Addresses Questions Regarding USDD Stablecoin 1 TRON DAO Reserve Addresses Questions Regarding USDD Stablecoin
Leave a comment

Leave a Reply

You must be logged in to post a comment.

Don’t miss the NFT Drops! Sign up Now

I have read and agree to the terms & conditions

Latest Tweet

Tweets by nftstudio24
Join us
Ad imageAd image

Latest News

H3E Joins Forces at The EDGE Summit
H3E Joins Forces at The EDGE Summit: Pioneering Innovation in Entertainment Technology
PRESS RELEASE WEB3 September 25, 2023
Future Blockchain Summit Announces the 1inch Network as its 2023 Headline Sponsor
Future Blockchain Summit Announces the 1inch Network as its 2023 Headline Sponsor
PRESS RELEASE September 22, 2023
Partnerships Announced at Climate Chain Coalition Press Conference at UNFCCC Conference in Bonn
Partnerships Announced at Climate Chain Coalition Press Conference at UNFCCC Conference in Bonn
PRESS RELEASE September 21, 2023
//

NFTStudio24 delivers the latest NFT news to its global audience. We are committed to reporting mainstream and emerging talent via exclusive press releases, podcast interviews, NFT rankings, and much more.

GET IN TOUCH

  • About us
  • Advertise with us
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy

Experts Alliance

  • Experts Alliance
  • About Alliance
  • Alliance Benefits
  • Membership requirements
  • Apply Alliance
//

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Follow US
© 2022 NFTStudio24.com News Network. All Rights Reserved.
Join us metaverse Join us metaverse
Welcome Back!

Sign in to your account

Lost your password?