Yuga Labs recovers high-value NFTs to preempt attack via protocol flaw

NFT developer Yuga Labs announced that it has preemptively recovered and secured high-value NFT assets, including 29 BAYC, after detecting a risk of further attacks exploiting a security vulnerability in the Flooring Protocol. Yuga Labs CEO Michael Figge announced on X that the operation was led by Quit, the company's blockchain division. He added that the recovered assets also include four MAYC, two CryptoPunks, one Azuki, and 26 Captainz. The assets will be returned once measures to patch the vulnerability are complete, Figge said.