What happened to Yuga labs?

Yuga Labs, the creator of two of the most popular ape-themed nonfungible token (NFT) offerings — Bored Ape Yacht Club (BAYC) and OtherSide — witnessed yet another orchestrated phishing attack with investors losing over 145 Ether (ETH) or nearly $260,000 at the time of writing.

Did Richard Vagner 'hacked' a Yuga labs account?

The Vagners also run a record label called Metaverse Records. In the same SBS Discord message, Richard independently confirmed that the BAYC and Otherside Discords were also “hacked.” “Pls stay safe,” he wrote. This is the third time a bad actor has been able to impersonate a Yuga Labs-run account to steal users’ funds.

What is the otherside Metaverse in Yuga labs?

And now, the Yuga Labs endgame: the Otherside metaverse. The metaverse is still in development, promising tons of opportunities in the near future. The metaverse is made up of 200,000 plots of land, known as Otherdeeds. The name points to the fact that they are title deeds in the Otherside metaverse.

What does the bayc logo mean?

The logo utilizes an ape skull, showing how the apes are presently bored to death. Since then, the team has onboarded various full time staff to work on every aspect of the BAYC ecosystem. This includes video games, merch, physical and digital experiences, scavenger hunts, etc.