Three dozen Pudgy Penguins and 15 Bored Ape NFTs worth 690 Ether (ETH) or approximately $1.54 million were reportedly stolen.
Flooring Protocol, a liquidity solution for non-fungible tokens (NFTs), was reportedly attacked on Dec. 16.
According to various accounts on X, the exploit happened on Flooring Protocol’s peripheral or multicall smart contract, with the attacker subsequently dumping the stolen NFTs.
However, the protocol’s developers deployed a fix a few hours after the attack which they believe has patched the vulnerability.
They also gave assurances that the main smart contract was safe and all digital assets in vaults and safeboxes were not affected.
Reports later emerged that the hacker sold the stolen NFTs on Blur, making between $1.5 million and $1.6 million, depending on ETH prices.
Following the attack, the ApeCoin DAO-funded security protocol Boring Security suggested that Flooring Protocol users who lost their NFTs in the attack may not get them back, since the hacker had already dumped them.
The Flooring Protocol attack comes barely hours after the P2P NFT platform NFT Trader was breached. S
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Author: Julius Mutunkei
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