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Yuga Labs White Hat Rescues Flooring Protocol Vulnerability, Recovers 29 High-Value NFTs including BAYC

2026.06.08 10:24:56

June 8 Update: Yuga Labs CEO Michael Figge revealed via tweet Wednesday that his team has completed a white-hat rescue operation to fix a vulnerability in the Flooring Protocol. Yuga Labs’ Blockchain VP, Quit, successfully recovered a substantial number of high-value, prominent NFTs from the platform—including 29 BAYCs, 4 MAYCs, 2 CryptoPunks, 1 Azuki, 26 Captains, and other notable assets. These NFTs are currently securely held by Yuga Labs, which says it will partner with the Flooring Protocol development team to return the assets once the protocol is fully patched. Background: The Flooring Protocol was previously hit by a vulnerability that led to the theft of some collectibles. KOL Coffee flagged that the same flaw could be exploited again, putting top-tier collections like BAYCs and CryptoPunks at significant risk. To address this, Yuga Labs instructed its GrailsOTC trading desk to front both funds and NFTs, proactively removing high-risk assets from the protocol. This move aimed to avoid negative market impacts and protect the value of the Flooring Protocol’s native token.
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