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CryptoPunks holder recovers lost NFT after Yuga Labs pulls off white-hat rescue from Flooring Protocol bug

Crypto Briefing 2026-07-23 18:56:36
Context: Yuga Labs, the company behind the popular NFT collection CryptoPunks, recently executed a successful white-hat rescue to recover lost NFTs from the Flooring Protocol. The rescue was made possible after an accounting bug was discovered in the protocol, which had exposed liquidity and put 68 NFTs, including two CryptoPunks, at risk. The recovered NFTs are valued at over $500,000.

Key Facts

  • Yuga Labs recovered a total of 68 NFTs, including two CryptoPunks, that were lost due to an accounting bug in the Flooring Protocol.
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