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2026-06-08 22:55:24 UTC

RWATimes on Nostr: 📰 Yuga Labs Thwarts Major NFT Heist, Recovers 68 Rare Assets 🗓️ Jun 08 2026 ...

📰 Yuga Labs Thwarts Major NFT Heist, Recovers 68 Rare Assets
🗓️ Jun 08 2026 13:41 UTC - Kathleen Kinder

Yuga Labs recovered 68 high value NFTs, including BAYC and CryptoPunks, after a Flooring Protocol vulnerability exposed assets to theft.

➤ Yuga Labs successfully recovered 68 high-value NFTs, including BAYC and CryptoPunks, that were exposed due to a security vulnerability in the Flooring Protocol.
➤ The company utilized its GrailsOTC trading desk to fund the white hat operation, securing the assets before they could be exploited by malicious actors.
➤ The incident highlights the security risks associated with NFT lending and fractionalization platforms, emphasizing the need for robust security measures and proactive monitoring.

#yugalabs #nftheist #flooringprotocol #boredapeyachtclub #cryptopunks #whitehatoperation #securityvulnerability #assetrecovery #nftfinancialization

🔗 Read more at: https://rwatimes.io/articles/coinlaw-yuga-labs-thwarts-major-nft-heist-recovers-68-rare-assets-1421480610