$17 Million in APE Locked for Staking, Here's How Attackers Target Your Apecoins

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$17 Million in APE Locked for Staking, Here's How Attackers Target Your Apecoins
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Here's how attackers can take your $APE, PeckShieldAlert unveils the scheme w/nansen_ai Apecoin APE NFT

According to PeckShield, an exploiter managed to purchase an elite Bored Apes Yacht Club non-fungible token, #6762, and access the APE staked by its previous owner.

Since he/she purchased BAYC #6762 with money borrowed from dYdX DeFi and then immediately repaid the loan, it looks like the stake associated with the same pool was the real target of this masterful attack.In all, the attacker managed to steal over $25,000 in APE and immediately swapped it to Ethers .

NFT expert Matt Solomon, Metaverse strategy head at Horizen Labs, highlighted that all marketplaces should keep their users informed of the possibility of such"collateral damage."At the same time, the staking campaign for Apecoin is gaining traction. As displayed by Nansen data tracking platform, over 4,280,000 APE have been locked in staking pools so far. has been deposited in the staking pools.

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