Co-founder of BAYC blames Discord over user exploits

Gordon Goner, the Bored Ape Yacht Club NFT collection co-founder, has attacked Discord after the servers were exploited. During this exploitation, non-fungible tokens valued at 200 ETH were stolen from users.

NFTs have become quite popular over the past year, but this popularity has also come with the risk of hackers. Exploitations in the NFT sector have grown significantly, and some of the largest collections have been targeted.

Bored Ape NFT Discord servers hacked

The exploit on the BAYC NFT collection was confirmed by the BAYC Twitter team. The team announced that the team had detected the issue quickly, and it was swift in addressing it to prevent the loss of more NFTs.

“Our Discord servers were briefly exploited today. The team caught and addressed it quickly. About 200 ETH worth of NFTs appear to have been impacted,” the Bored Ape tweet said. Goner said that the Bored Ape team needed a platform that would focus more on the security of its users.

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Yuga Labs, the team behind the Bored Apes NFT collection, said that it was investigating the incident that led to some users losing their NFTs. BAYC is one of the most popular NFT collections, and the Bored Ape NFTs have become profile pictures among celebrities, including Madonna, Snoop Dogg, Mark Cuban, Eminem, and more.

As a popular and expensive NFT collection, Bored Ape has been constantly threatened by cybercriminals looking to make money by exploiting vulnerable investors. Owners of the Bored Ape NFTs are given access to an exclusive Discord channel that supports discussions surrounding NFTs.

The exploit made on Saturday was not the first on the Bored Ape ecosystem. Last month, the official Instagram account of BAYC was exploited, and the hackers made away with $2.8 million worth of NFTs by sharing a link leading to an illegal website that stole NFTs from the wallets of users.

Crypto community disagrees

Some crypto community members did not agree with Goner’s action of blaming Discord for the exploit. Some people said that the hack should be blamed upon the BAYC Discord users.

Analyst OKHotshot, said, “Don’t blame Discord for users getting socially engineered, having DMs open and clicking phishing links. Just need to use the technology better.” Developer Cory.eth, the founder of the OpenAvatar NFT collection, said that users needed to better use technology.

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Source: https://insidebitcoins.com/news/co-founder-of-bayc-blames-discord-over-user-exploits