ApeCoin price breakout stalls after $2.4M BAYC NFT robbery — What’s ahead?

2022.04.26 22:26

ApeCoin price breakout stalls after $2.4M BAYC NFT robbery — What’s ahead?

ApeCoin (APE) underwent a modest selloff a day after the Bored Ape Yacht Club (BAYC), a popular nonfungible token (NFT) brand, reported losing $2.4 million worth of digital collectibles in a robbery.

The hacker compromised BAYC’s official Instagram account, using it to post a phishing link that withdrew tokens out of users’ cryptocurrency wallets.

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