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Hey Waivly Crew! 🌊 Bored Ape Yacht Club’s and other NFT Discord servers got hacked this morning. EU parliament committees have voted in favour of measures to outlaw anonymous crypto transactions.
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Bored Ape Yacht Club Discord was briefly compromised
Bored Ape Yacht Club’s official Discord server was compromised early Friday, resulting in a Mutant Ape getting stolen.
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An unknown hacker gained access to Bored Ape Yacht Club’s server through a webhook and quickly posted a phishing link in the Mutant Ape Kennel Club channel that was as a ‘stealth NFT mint’. Because it is April Fools, a few users unfortunately thought it was legitimate.
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With the phishing link, the hacker successfully stole Mutant Ape Yacht Club #8662, in addition to Bored Ape Yacht Club #3738, one Mutant Ape and two Doodles held by Taiwanese singer Jay Chou.
“STAY SAFE. Do not mint anything from any Discord right now. A webhook in our Discord was briefly compromised,” BAYC said in a Tweet. “We caught it immediately but please know: we are not doing any April Fools stealth mints / airdrops etc. Other Discords are also being attacked right now.”
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Security researchers have concluded that a ticket tool that verifies users and sends channel notifications had been compromised. After anyone clicked on the link, they would be directed to a site where they could mint a ‘limited-edition NFT.’ Other NFT servers using the bot, including Doodles and Nyoki, also got hacked minutes later.
Binance is sponsoring the 64th Grammy Awards
The Recording Academy, a major music recording company known for its annual Grammy Awards, has partnered with crypto exchange Binance.
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According to a joint announcement, Binance has partnered with the Recording Academy and will bring fresh new experiences powered by blockchain and Web3 technology to the organization’s future events and projects.
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Recording Academy co-president Panos Panay shared that alongside Binance, the Recording Academy will explore new monetization avenues for its members and develop new experiences for music fans.
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“As the leading player in the crypto and blockchain space and with its community-focused approach, Binance is the perfect partner for the GRAMMYs and for our mission to empower music people around the world,” Panay added.
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Through the deal, Binance is now the official crypto exchange partner for the 64th Annual Grammy Awards and Grammy Week events, scheduled to be hosted next week on April 4th.
The Waves
👀 Washington state signs bill to study blockchain technology
📦 Azuki plans to expand its universe with its upcoming airdrop
💰 Netflix releases documentary on QuadrigaCX’s $190M scandal
😢 E3 2022 has been cancelled
Crypto Special
EU lawmakers vote to crack down on crypto transactions
Yesterday European Union lawmakers voted in favour of controversial measures requiring crypto companies to remove privacy from cryptocurrency transactions.
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The ECON and LIBE committees approved an anti-money laundering and transfer of crypto assets proposal. This means cryptocurrency service providers, such as exchanges, may be required to collect personally identifiable information from users that transact over €1,000 using ‘unhosted crypto wallets.’
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"Under the new requirements agreed by MEPs, all transfers of crypto-assets will have to include information on the source of the asset and its beneficiary, information that is to be made available to the competent authorities," a statement posted on the European Parliament website read.
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The legislation has yet to be officially adopted, as it still needs to go through meetings between the EU Parliament, European Commission, and European Council. However, there’s a good chance it will pass.
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Blockchain.com raises Series D funding at $14 billion valuation
UK-based cryptocurrency wallet and trading service Blockchain.com has raised new funding that brings its valuation to $14 billion.
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While the amount raised has not been disclosed, the Series D funding round was led by Lightspeed Venture Partners with major participation from Baillie Gifford & Co, according to Bloomberg.
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This comes a little over a year after the crypto platform raised $300 million at a valuation of $5.2 billion. The Series C round was led by DST Global, along with Lightspeed Venture Partners and VY Capital. At the time, it was notably the crypto industry's third-largest capital raise.
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In separate news, Blockchain.com has partnered with blockchain-based domain names registrar Unstoppable Domains to ‘simplify Web3 identity and payments for its 81 million wallets.’
Own and secure your crypto with Ledger
If you’re into cryptocurrency and own crypto assets, you need a secure place to store your coins and tokens. You probably already know that you shouldn’t store your crypto on an exchange due to potential hacks, not being solely in control of your crypto’s private keys, and for other reasons, and so a hardware wallet is the way to go and the best option to protect your private keys, therefore, you should make the move to a Ledger wallet.
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Ledger wallets are an extremely secure and premium way to secure, manage, and grow your crypto assets with their Bluetooth-enabled hardware wallets, and easy-to-use app which lets you manage your portfolio on the go. They let you manage multiple assets, buy, sell, grow, and exchange crypto, gain financial freedom by you being in full control and ownership of your private keys, and so much more.
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The wallets are really simple to setup, and to move your crypto over to, so there’s no reason not to secure your assets and take control of your cryptocurrency now and get yourself a Ledger device. You can manage 1800+ coins and tokens directly in the Ledger Live app once you’ve got your device up and running, so you’ll always have your entire portfolio covered.
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