Yuga Labs co-founder Gordon Goner warned about an impending social media hacking. After acquiring “credible knowledge,” he delivered the warning that a Twitter insider would help bypass the accounts’ security. The individual in question is said to have worked with a “sophisticated team of hackers” in the past.
Goner’s warning comes just days after a significant Twitter hack that saw dozens of high-profile accounts taken over in an attempt to scam people out of cryptocurrency.
Goner also stated that he would never surprise investors with mints while delivering the proactive warning. This is a typical technique used by attackers to entice prey.
Yuga Labs as a Target for Attackers
The studio’s NFT initiatives, and consumer demand prospered, resulting in an unintended proliferation of scams. On June 5th, attackers breached official BAYC and OtherSide Discord servers and seized 145 ETH.
After learning of an impending organized attack on its social media accounts, Yuga Labs, the creator of some of the most well-known NFTs, including Bored Ape Yacht Club and Otherside, inquired about Twitter for security purposes.
After telling the community, Twitter employees began immediately watching the accounts’ activities and improving their security.
One Small Hole is All They Need
According to a blockchain investigator known as OKHotshot, the attack was perpetrated by compromising Boris Vagner’s Discord account. The company’s community and social media manager is Boris Vagner.
The Optimism layer-2 scaling solution lost 20 million OP tokens after its market maker’s smart contract was hacked.
Over a million tokens were sold for around $1.3 million, with one million coins going to Vitalik Buterin’s Optimism Ethereum address and the remaining million tokens being transferred or sold as means of governance influence.