Gordon Goner warned of a possible inbound attack after receiving “reliable information” that a Twitter insider would help bypass the security of social media accounts.
Gordon Goner, the pseudonymous co-founder of Yuga Labs, warned of a possible inbound attack on their Yuga Labs-sponsored social media accounts after receiving “credible information” that a Twitter insider would help bypass the accounts’ security.
Home to some of the most popular non-fungible tokens (NFTs), including the Bored Ape Yacht Club (BAYC) and Otherside, Yuga Labs has taken to Twitter for security after sharing information about an orchestrated attack on its social media accounts. networks. received.
Shortly after the community was alerted, Twitter officials began actively monitoring account activity in addition to strengthening their existing security. By issuing a pre-emptive warning, Gohner told investors that the company would never conduct a flash mint, a popular method used by attackers to lure victims.
The popularity and public demand for NFT offerings from Yuga Labs has led to an inadvertent surge in monkey-themed scams. On June 5, attackers managed to infiltrate the Yuga Labs BAYC and OtherSide Discord groups and steal more than 145 ether (ETH).
An investigation by blockchain detective OKHotshot found that the attack was carried out by hacking the Discord account of Boris Wagner, PR and social media manager for Yuga Labs.
Related: Optimism loses 20 million tokens after using L1 and L2 confusion
Optimism’s Tier 2 scaling solution lost 20 million OP tokens after falling victim to an exploit in its market maker’s smart contract.
One million tokens worth about $1.3 million were sold from the lot, and one million tokens worth about $730,000 were transferred to Vitalik Buterin’s Ethereum address for optimism. The remaining 18 million tokens remain dormant and can be sold or used to influence governance decisions.