The discord of Yield Guide Games, the world’s largest Gamefi game union, was compromised early this morning around 7.30 a.m. (IST). As per the reports, the server was hacked by an anonymous person who allegedly changed the server’s name to NIGGERTIME.
Various URLs were sent out by many boats on the server, requesting that everyone click to mint.
People in the community soon realised there was a problem and alerted everyone not to click on the link. But unfortunately, a few members got manipulated and got siphoned of their money.
The invitation link to Yield Guild Game’s Discord Server is currently inactive. The total monetary loss hasn’t been reported as of now.
Not long ago, a couple of NFT projects fell victim to a similar attack. On 21st December 2021, the discord servers of two the NFT collection the Monkey Kingdom and in-game asset marketplace Fractal witnessed a similar ploy by the hackers. Akin to YGG’s server each project’s official “announcements” channel was flooded with posts saying that a surprising mint would reward community members with a limited edition NFT.
In the case of Fractal, the cons made off with around $150,000 in cryptocurrencies. The expected sum for the Monkey Kingdom was believed to be $1.3 million.
There is a long series of such attacks repeatedly happening for months now. Beeple, another artists discord server also witnessed a similar attack on November 11, 2021.
For those who don’t know, Yield Guild Games (YGG) is a decentralised autonomous organisation (DAO) that promotes blockchain-based games by allowing users to invest in virtual worlds using NFTs.
YGG was founded on the idea of building long-term virtual economies and encouraging its members to prosper in them. Because the creators of YGG believe that virtual economies will become more relevant and useful than real-world economies, they are allowing users to create assets within their metaverse — a term that refers to all of the elements that make up a virtual world, such as people and objects that make up a virtual ecosystem.
