Yuga Labs blockchain vice president reports recovery of 23,155 NFTs after exploit

  • Quit reported NFT thefts linked to a Payment Processor V2 vulnerability.
  • The incident involved 10 Meebits, 50 Otherdeeds, 10 WoW and 235 Desperate Apewives.
  • Yuga Labs and LimitBreak recovered 23,155 NFTs worth more than $5.7 million.

Yuga Labs blockchain vice president Quit said an exploit in Payment Processor V2 resulted in the theft of 10 Meebits, 50 Otherdeeds, 10 WoW and 235 Desperate Apewives at 9 a.m. U.S. Eastern Time on Sept. 25. Quit learned of the incident 12 hours later and found that many other NFTs were affected by the same vulnerability. Yuga Labs then worked with the LimitBreak team to urgently pause Payment Processor V3, which contained a similar vulnerability, while using a white-hat security operation to protect assets in V2 that could not be paused and related assets on ApeChain. The effort ultimately recovered 23,155 NFTs valued at more than $5.7 million.

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