DeFiNeutralBitcoinist · Jun 86/10
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Yuga Labs Just Pulled Off A $500,000 Crypto Heist — Against These Hackers
Yuga Labs executed a whitehat operation on June 8 to rescue 68 blue-chip NFTs worth over $500,000 from an active exploit in Flooring Protocol, deploying its own capital to prevent further losses to the community. The intervention highlights both the security vulnerabilities in DeFi-adjacent NFT protocols and the role major stakeholders play in protecting ecosystem assets.
