Yuga Labs, the multibillion-dollar collective behind the infamous Bored Ape Yacht Club non-fungible tokens, has been targeted by another hacking attack, leading to the theft of millions of dollars worth of the simian NFTs.
BAYC’s series of algorithmically generated cartoon ape profile pictures is one of the best-known collections of NFTs – a digital asset or artwork whose ownership is stored on a blockchain, a decentralised ledger of transactions like those used by cryptocurrencies.
