ApeCoin value breakout stalls after $2.4M BAYC NFT theft — What’s forward?
ApeCoin (APE) underwent a modest selloff a day after the Bored Ape Yacht Membership (BAYC), a well-liked nonfungible token (NFT) model, reported dropping $2.4 million price of digital collectibles in a theft.
The hacker compromised BAYC’s official Instagram account, utilizing it to put up a phishing hyperlink that withdrew tokens out of customers’ cryptocurrency wallets.
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