It was a rough start to the week for legacy NFT project Bored Ape Yacht Club, as the project’s Instagram account was hacked – resulting in over $10M worth of NFTs exploited. The NFL has a new collection to celebrate the draft.
Nightly Mint
The Latest Mint: NFL Draft NFTs
The NFL Draft will be held in Las Vegas this week. Many young athletes can fulfill their lifelong dreams of becoming a professional football player. For the league themselves, however, they’re finding new realms to explore fan engagement, courtesy of the league’s partner in Polygon.
The league’s NFT platform has launched 2022 NFL Draft NFTs for each team, mimicking traditional playing cards.
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Polygon hosts the NFL's NFT Platform, which will be releasing a brand new collection in honor of the 2022 NFL Draft. Source: MATIC-USD on TradingView.com | Source: MATIC-USD on TradingView.com
BAYC Instagram Hack
A fake Instagram post by the official BAYC Instagram account, which included 4 Bored Apes and 7 Mutant Apes as well as many other details, led to over $10M in NFTs being hacked. It’s another vulnerability in social media that has costed users their tokens – one that is typically reserved for sites like Twitter and Discord thus far. However, no social media is safe – and today is no exception. In this instance, the fraudster used the social media platform to scam users by offering a fake free airdrop. The contract signature was placed on the user’s wallets and allowed the scammer access to the wallet assets.
Zachxbt has traced the fundsKuCoin accounts and Binance accounts, however, he points out that they may be accounts using stolen identities.
The ‘Minty Fresh’ Take
Sometimes that’s just how it goes.
It’s becoming more obvious that i loathe money pic.twitter.com/x2PCfh8hgj
— NateAlex ლ⚈෴⚈ლ (@NateAlexNFT) April 26, 2022
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Featured image taken from TradingView.com Charts, and Pexels Disclaimer: The author of this content has not been associated or connected to any of these parties. This article is not meant to provide financial advice.
