Somebody stole Cameo CEO’s Bored Ape NFT and Bought it for $130k

Proudly owning a Bored Ape Yacht Membership NFT places a goal in your again for scammers and hackers, particularly when you’re excessive profile. Steven Galanis, the co-founder and CEO of the Cameo app, was sufferer to a crypto hack on Saturday, in accordance with Gelanis, ensuing within the lack of a number of NFTs, together with a Bored Ape, and over $70,000-worth of cryptocurrency. 

All up, over $200,000-worth of crypto belongings had been taken. Gelanis’ Bored Ape, which data present he purchased for $319,000 in January, was stolen and instantly bought for $130,000. Along with a number of different NFTs, together with just a few Otherdeed land NFTs for Yuga Labs’ upcoming Bored Ape Yacht Membership metaverse sport. Gelanis was additionally robbed of $69,000-worth of the Ape Coin cryptocurrency and just below $4,000 in ether.

Cameo is an app that lets you purchase customized video messages from hundreds of celebrities, reminiscent of Caitlyn Jenner, Lindsay Lohan and Ice T. Cameo was a success in the course of the first 12 months of COVID, producing over $100 million in 2020, although it reduce 25% of its workforce again in Could

Gelanis stated on Twitter that his crypto pockets was hacked by means of his Apple iCloud account. He supplied no extra particulars, but it surely would not be the primary time. In April, it was found that utilizing the MetaMask pockets on an iPhone routinely results in your seed phrase, the 12-word password required to log right into a crypto pockets, to be backed up on the hooked up iCloud account. Accessing somebody’s iCloud can imply accessing their seed phrase, which provides full management of the associated crypto pockets account. In April, a person misplaced $650,000-worth of crypto and NFTs resulting from having his iCloud compromised.

“Already $650,000 stolen from a single particular person and it is going to occur to much more folks,” a blockchain investigator wrote on the time