Elon Musk Political Cartoon Is Being Sold by Creator as NFT
Elon Musk tweeted out a political cartoon yesterday. The replies on Twitter were legion. The Washington Post’s Philip Bump argued the cartoon gets things wrong.
A very different reaction came from the creator of the cartoon. He is now selling it as an NFT. Because, of course. The current bid is 1.25 Ether, or just under $3,600.
(Bloomberg) Hackers made away with about $3 million worth of some of the world’s most popular nonfungible tokens after gaining access to the Instagram account belonging to the Bored Ape Yacht Club (BAYC) collection.
Once in, the hackers uploaded a post that linked to a cloned version of BAYC’s official website and included an offer of free crypto tokens. Anyone who tried to claim the free tokens by authenticating and connecting their digital wallets to the fraudulent site instead gave the hackers free rein to access and transfer their NFTs and other cryptoassets.
“Yuga Labs and Instagram are currently investigating how the hacker was able to gain access to the account. We’re still investigating,” BAYC owners Yuga Labs said in a statement. The Instagram account was protected with two-factor authentication, the company said. Instagram did not return a request for comment.
Hacked owners cumulatively lost four Bored Apes, six Mutant Apes and three Bored Ape Kennel Club NFTs -- together worth roughly $3 million, Yuga said. The average price of a Bored Ape, which rank among the most popular and sought-after, is currently more than $430,000, per tracker DappRadar.
It’s not the first time scammers have targeted affluent crypto owners, nor is it the first hack targeting BAYC. Earlier this year, 17 users of NFT marketplace OpenSea lost a slew of tokens to a phishing attack. Other people have been fooled by
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