Posted 12/17/2023, 6:12:17 PM
Hacker Returns $3M in Stolen BAYC and MAYC NFTs After Receiving $267K Bounty
- Hacker returned 36 BAYC and 18 MAYC NFTs after receiving 120 ETH ($267K) bounty payment from Yuga Labs co-founder
- NFTs worth $3M were originally stolen from peer-to-peer trading platform NFT Trader
- Boring Security non-profit recovered assets in under 24 hours after paying bounty
- Vulnerability introduced 11 days prior during a smart contract upgrade
- Incident prompted calls for users to revoke trading permissions granted to old contracts