Payment Processor Flaw Triggers NFT Theft; White Hats Recover Over $5.7 Million in Assets
AI Market Summary
A vulnerability in Limit Break Payment Processor V2 enabled NFT theft across multiple collections, prompting a coordinated whitehat rescue that secured 23,155 NFTs worth over $5.7M. The incident underscores smart-contract and integration risk in NFT infrastructure and may raise near-term security scrutiny across marketplaces and token-gated payment flows. While assets were largely recovered, 660 WETH were reportedly at risk and not recovered in time.
Impact level
● Medium
Affected assets
ETH/USDT+2.80%
AI Insight · ETH/USDTAI Insight
● Neutral
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Quit, Yuga Labs' vice president of blockchain, said attackers exploited a vulnerability in Limit Break's Payment Processor V2 to steal NFTs, including 10 Meebits, 50 Otherdeeds, 10 World of Women (WoW) pieces and 235 Desperate ApeWives. The disclosure prompted a broader review that found many additional NFTs were exposed to the same weakness.
Quit and the Limit Break team then organized a white-hat rescue effort, securing and moving 23,155 NFTs valued at more than $5.7 million to safety. The team also warned the flaw could be used to drain WETH: 660 WETH were identified as at risk, but could not be recovered in time.
