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We’ve just finished a whitehat operation on an exploit discovered in Flooring Protocol.
Now safely in the custody of Yuga Labs:
29 bored apes
4 mutant apes
1 bakc
2 cryptopunks
1 azuki
2 elementals
26 captains
1 moonbird
2 doodles
@0xQuit, our VP of Blockchain recovered the NFTs. Will leave the details for him to go over in a separate thread.
There was an exploit earlier this morning on the same protocol which had left some collections already raided. Huge shout to @coffeedev who found that by tweaking the same exploit, there was an even larger risk to other Flooring collections like BAYC and Cryptopunks.
I quietly instructed our GrailsOTC trading desk to front the money and NFTs to rescue the at-risk assets from the protocol.
We will work together with the protocol devs to return these assets once a solution is sorted. Could mean contract relaunches and token reassurances within that protocol - or more.
But thanks to this move we were able to save dozens of assets from impacting the market and flooring protocol tokens from being compromised.
bored ape yacht club
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