On Monday, the official Instagram profile of Bored Ape Yacht Club (BAYC) was compromised to advertise a false phishing URL intended to defraud owners of millions of dollars in non-fungible tokens (NFTs). Although OpenSea, the biggest NFT marketplace, has blocked the address suspected of being linked with the hack, blockchain data indicate the questionable address has dealt with LooksRare. As per the BAYC, the compromised account promoted a bogus airdrop
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