White-Hat Operation Secures $5.7M in NFTs After Bug Discovery
A white-hat rescue operation secured 23,155 NFTs valued at more than $5.7 million after a bug discovery, according to Yuga Labs’ 0xQuit.
A wallet moved thousands of NFTs from hundreds of owners for zero ETH early Friday, raising concerns around Magic Eden before being identified as part of a white-hat rescue effort.
Yuga Labs’ 0xQuit said the operation ultimately secured 23,155 NFTs with a combined value exceeding $5.7 million.
The rescue followed the discovery of a bug involving older Limit Break Payment infrastructure. The supplied report did not detail the vulnerability or say how the secured assets would be returned to owners.
Source: Bitcoin.com News
