Yuga Labs CEO Completes White-Hat Exploit Recovery on Flooring Protocol, Secures 64 NFTs

According to Yuga Labs CEO Michael Figge, the team completed a white-hat exploit recovery of a Flooring Protocol vulnerability today, securing 64 NFTs under Yuga Labs custody. The recovered assets include 29 Bored Apes, 4 Mutant Apes, 1 BAKC, 2 CryptoPunks, 1 Azuki, 2 Elementals, 26 Captains, 1 Moonbird, and 2 Doodles.

Vice President 0xQuit recovered the assets, while coffeedev identified the vulnerability also poses significant risks to other Flooring collections including BAYC and CryptoPunks. The team directed GrailsOTC to advance funds and NFTs to rescue at-risk assets from the protocol, and will work with protocol developers to return the recovered assets.