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.

Today @AdamWeitsman joins the Yuga Labs Board of Directors. Building toward the next cycle means putting the right people in the right seats. Adam is a self-made entrepreneur across multiple industries and one of the most impactful collectors in the space. But what sets him apart is character - he’s been a genuine friend to me and to this community when it counted most. If you’ve ever spent time with Adam, you’d know that he’s got an incredible work ethic, relentlessly pursuing success in everything he does. He’s the kind of person you want in your corner heading into the next cycle. BAYC, Otherside, and ApeCoin.

so let me get this straight in the last cycle people didn’t know whether or not launching a token would be totally chill or would be totally jail because the SEC wasn’t willing to establish modern rules so to be safe don’t launch a fungible token in a US jurisdiction get really good lawyers who will tell you how to navigate a mission impossible laser room of jurisdictions so you don’t get in trouble with your little coin then someone you don’t know and will never meet will launch your token’s smart contract in BVI or Panama or wherever it’s chill to do that so ‘you’ didn’t launch it for tax purposes the token will get appraised at de minimis so you don’t get fucked on taxes with a fortune of phantom income at tge treasury is managed off-shore by a ‘Foundation’ put a DAO in front to advise the Foundation on how to distribute a token by voting on different proposals people organize beauracratize and participate in a pure democracy where the richest people have the most votes and winners get free money? but at least that’s a reason to buy the token builders try really hard get disillusioned by proposals get scorned by other participants get blamed when its not working pitchforks dissolve dao but then rich people holding tokies to control the ballot have no reason to hold market sell price down only everyone jaded all because navigating a grey zone legal landscape from washington beaureaucrats who didn’t want to set a clear policy tokie ATL but now new leadership is autistic at simplifying and thinks a bunch of shit doesn’t make sense and is going to tear down and rebuild and streamline everything until its coherent did I get that right?

We’ve partnered with Scandinavian Tobacco Group, a world leader in tobacco and cigars, to curate a limited-edition collector’s cigar box built around the journey of the Club. Five distinct blends, curated across five years of BAYC. Limited to 50 boxes. Launching Friday, May 29th at 9am PT / 12pm ET.

wtf is going on Full set gold ape sold for: 125E ($282,000) Gold ape sold for: 72E ($173,000) Trippy ape sold for 50E ($116,000) Trippy ape sold for 53E ($122,000) Dth bot ape sold for 15E ($34,000) Red laser ape sold for 20E ($46,000) =335 ETH / $773,000 USD JUST IN APRIL😂🍌

Wanted to keep supporting the strong @BoredApeYC @mfigge momentum with the purchase tonight of this epic Golden Ape set from OG collector J1mmy. Special thanks to @_PPMan_ and @GoldenBronny using the new @GrailsOTC for putting this flawless transaction together. 💚