At 9AM EST today somebody abused a bug in Payment Processor V2 to steal 10 Meebits, 50 Otherdeeds, 10 WoW, and 235 Desperate Apewives. It wasn't until over 12 hours later that somebody reported it to me, and upon digging in I realized that a great many NFTs were subject to the same exploit. I got in touch with the team over at LimitBreak and they quickly paused Payment Processor V3, which was subject to the same exploit. Unfortunately, V2 was not pausable, so the only path towards protecting affected assets was to run a whitehat operation. Similarly, V3 on ApeChain is temporarily in a state where it cannot be paused, so ApeChain assets approved to V3 needed to be saved as well. All in all, we rescued 23,155 NFTs worth north of $5.7M USD. We later discovered that a similar exploit could be used in reverse to steal WETH. 660 WETH was at risk, which we unfortunately were not fast enough to recover. Apologies to those affected. Shout out to @Boomskite for flagging the initial exploit tx to me, and @coffeedev @0xjustadev and @whiteoakkong for acting quickly and assisting with the recovery. All NFTs are safely relocated. Soon, owners will be able claim them back after revoking the exploitable approvals. Addresses to revoke below.

Every Ape of future Ape should listen to this! - @mfigge talked about his approach to what club and membership is! I absolutely love it! This is what the club has been to me! I met incredible people from all over the world and had epic fun along the way! 👉This is an absolute banger: You don’t join a biker gang, you don’t join the Hells Angels, so you can get 10% off the price of gas at the pump. Listen to a clip below or read the transcript here (I polished it with ChatGPT because the transcript wasn't perfect) 👇👇👇👇 -------------------------- “Why should I join BAYC or MAYC?” The way that question manifests to me is: “Well, what do I get? Is club membership worth it? What have you done for me?” And I think even within our own club, if we accept the premise of that question, it forces us to start rattling off membership perks like this is a Costco card. And look, I love Costco, right? I’m not saying that as a slur. But I think the one thing that hasn’t been successful, and will continue not to be successful, is making this analogous to an entitlements card. I’ve said this to people: you don’t join a biker gang, you don’t join the Hells Angels, so you can get 10% off the price of gas at the pump. You don’t go riding every Sunday with your gang so you can get cashback rewards. That’s not what this thing is. And if it were, what you’d have is a consumer relationship. Consumer relationships have churn. There’s a lot of min-maxing on entitlements and benefits, and those entitlements are what you wind up getting priced on. Think about it: people join a biker gang because of the cut. They join because of what they wear and what each patch means. They join because they want to build relationships with other people they can count on. And a lot of these relationships, whether you’re a kid in high school or a billionaire industry titan, wind up opening your life to new adventures. I often compare community building here to what you see in politics or religion. I’ve probably said this every week on here: I see high-end community building in NFTs as being like politics or religion. Once you start approaching either politics or religion with, “Well, what do I get? Is membership worth it?” you’re really speeding past the best parts of what participating has to offer. So it’s not really about what my schedule is or what the team… It’s about… I mean, shout-out to Welcome Apes. Look at them out there. - @mfigge

5 YEARS 🤯⛵️ Today marks 5 years since we started minting our yacht collection... 5 years of building, shipping, and riding the ups and downs of NFTs - and we're still here 🫡 Just 20 yachts are left... Who will be the legends to mint the final ones? 👀 50% of the mint will be refunded, plus a chance to win a Rare Loot Chest! 🎁

ApeChain moves forward. ApeChain has upgraded to ArbOS 51, bringing EIP-7702, EIP-2537 and a major set of performance and infrastructure improvements. Smarter accounts. Stronger infrastructure. More building blocks. Here's what that means and what it unlocks ⬇️

My new baby

I need a @TheFisters that matches my MAYC grail... anyone... anyone... anyone... hit me up if you have my match.

2,222 goblin pfp NFTS, ON ApeChain.

Happy Fister Friday! ✊️👊