Get the Scoop on the Latest NFT Art Heist - Why You Should Only Mint at NAGAX!

It seems as if the Bored Ape Yacht Club cannot catch a break. As art becomes digital art thieves are on the rise and the Bored Ape Yacht Club collection is a major target.

Continue reading today’s article to learn more about the heist and why NAGAX is your secure NFT marketplace.

The Masterplan

On April 25, 2022, some of the popular NFTs from the Bored Ape Yacht Club collection were compromised in a phishing scam. The hack occurred through their official blue-ticked Instagram account and Discord channel. The art heist NFT thieves then sent out a phishing link to some followers where if they clicked it, the ownership of the asset was transferred.

Your Assets are Secure at NAGAX

Security is one of the most vital aspects to consider when choosing not only a crypto trading platform, but also when investing in valuable NFTs. That is why at NAGAX, we choose to put the security of your assets a main priority.

With the NFT Marketplace coming soon, your NFTs are secure on a supreme level. We took the time to evaluate all areas including artists that mint, collectors, and traders of all sorts.

Be on the lookout soon for NAGAX NFT Marketplace!

Also, be sure to never accept or click phishing links. Here are some questions to consider when receiving a message: • Is it from an Official NAGAX email? - Users are only contacted via email from support@NAGAX.com • Is it from social media? - For urgent requests, we do not contact users via social media • Is it from our official NAGAX Live Chat? - Users can reach our NAGAX team via chat only through the official website here.

What Could it Be?

Nobody really knows if the artwork is indefinitely compromised, or if this was a white hack of some sort; where the hackers did it on behalf of the club to find errors and flaws in the system. Only time will tell whether or not the hacker would even come to the forefront.

Where does APE Coin stand?

Although the collection’s native token APE Coin is connected to the popular NFT art, after some analysis it shows little to no effect on the crypto. The volatility spiked for a short period of time, then showed constancy according to the trends.

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