Yuga Labs Rescues $570,000 in NFTs From Floor Protocol Exploit on Sunday

According to Yuga Labs VP 0xQuit on X, on Sunday (June 8) Yuga Labs conducted a whitehat hacking operation to rescue approximately $570,000 worth of NFTs from an exploit affecting the defunct Floor Protocol. The operation saved 29 Bored Apes and two CryptoPunks, among other assets. 0xQuit stated the team discovered a vulnerability that could extend to other significant collections and moved to remove exposed NFTs from vulnerable pools before malicious actors could exploit them. Yuga Labs is currently maintaining custody of the recovered assets while working with Floor Protocol developers to return them to their rightful owners.
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