Discover Top Posts Tagged with #nft exploit

Yuga Labs rescues 68 at-risk NFTs from Flooring Protocol exploit

➤ Yuga Labs successfully rescued 68 high-value NFTs, including BAYC and CryptoPunks, worth over $500K from a Flooring Protocol smart contract exploit. ➤ The exploit, dubbed 'ghost ownership,' allowed attackers to inflate token balances and claim false ownership of NFTs locked in liquidity pools. ➤ Yuga Labs is working with Flooring Protocol to fix the vulnerabilities, ensuring no user losses were reported for the recovered assets.

#yuga-labs #flooring protocol #nft exploit #white-hat rescue #bored ape yacht club #crypto #smart contract vulnerability #defi #fractionalization #asset recovery

Yuga Labs Executes White-Hat Rescue of 68 NFTs After Flooring Protocol Exploit

➤ Yuga Labs successfully rescued 68 NFTs, including valuable blue-chip assets like Bored Ape Yacht Club and CryptoPunks, from an exploit on the Flooring Protocol. ➤ The white-hat operation involved Yuga's GrailsOTC trading desk fronting capital to secure the NFTs before attackers could drain them, highlighting a new incident response playbook for major NFT issuers. ➤ The exploit stemmed from a smart contract vulnerability in Flooring Protocol's fractionalization mechanism, and Yuga Labs is holding the rescued NFTs pending a fix, while warning of continued risks.

#yuga-labs #flooring protocol #nft exploit #white-hat rescue #bored ape yacht club #crypto punks #grailsotc #smart contract vulnerability #ethereum #blockchain security

Nifty News: Trader nabs 800 ETH by baiting a bot, NFT thefts slow and more

A trader walked off nearly $1.5 million richer after tricking a bot copying his trades to buy a slew of NFTs at a markup.

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#blur #ETH #Gary Vee #NFT Exploit #NFT Markets #NFT Volume #Opensea #Trading Bot #trading volume #VeeFriends

OpenSea patches vulnerability that potentially exposed users’ identities

Cybersecurity firm Imperva found a vulnerability that could be used to leak user information such as email addresses and phone numbers, which has now been patched.

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#hackers #iframes #NFT Exploit #nft users #Opensea #opensea exploit #phishing #vulnerability

NFT Watchdog Group Sees Its NFT Collection Exploited

Rug Pull Finder, an NFT watchdog group that seeks to prevent fraud, hacks, and scams in the non-fungible token space, has seen its own NFT project exploited. The collection titled Bad Guys is based on bad actors stealing NFTs. But a flaw in its smart contract made it possible for two people to mint 450 NFTs instead of the permissible one NFT per wallet. Everyone – we are truly sorry An exploit…

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#Markets #NFT Exploit #NFT News #Non-Fungible Tokens (NFT)#Rug Pull Finder

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