Bored Apes worth $1 million stolen using a dot .land #domain name
Some unfortunate owners of the highly valuable Bored Ape Yacht Club NFTs lost their assets yesterday.
The cybercriminals took advantage of a security lapse at the BAYC Instagram page, substituting the official link with one they controlled.
Using the domain YugaLabs.land, the criminals set up a page mimicking Yuga Labs, operators of the BAYC franchise. The official web site is at Yuga.com but also YugaLabs.io that forwards to the former.
Once there, the call to action images prompted visitors to connect their wallet and take advantage of a supposed airdrop-a free transfer of tokenized crypto into their accounts. Instead of receiving free crypto, some lost thousands of dollars in NFT valuables.
Dot .land is a gTLD provided by TrueName Domains. About 22,000 .land domains exist, per nTLDstats.
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