Early morning saw a security flaw hit Flooring Protocol, putting Yuga Labs-linked NFTs at risk. Hackers had already drained some collections before the alarm was raised. Developer @coffeedev then spotted a bigger danger: the same exploit could pull far more valuable assets — including Bored Apes and CryptoPunks.
The platform reacted fast. CEO Michael Figge quietly instructed the GrailsOTC trading desk to front the money and NFTs needed to secure the assets. Led by VP of Blockchain @0xQuit, the team rescued 68 NFTs: 29 BAYC, 4 MAYC, 1 BAKC, 2 CryptoPunks, 1 Azuki, 2 Elementals, 26 Captains, 1 Moonbird, and 2 Doodles. All assets now sit in Yuga Labs' custody, untouched by the open market — no sudden supply shock hit token prices.
Yuga Labs will not keep them. The team confirmed plans to work with Flooring Protocol developers to return every asset to its rightful owner. Options include contract relaunches and token reassurances inside the protocol. No clear timeline has been announced; the rescued NFTs stay locked until a verified solution is ready.
Same-Day Crisis: ApeMars X Account Suspended
While the NFT rescue unfolded, ApeMars — a meme coin built around the Apes brand — had its X (Twitter) account suspended on the same day. The APRZ token crashed over 100%, trading at just $0.0000029. The suspension cut off the project's main communication channel, triggering panic and drying up liquidity.
Are the two events linked? No on-chain evidence or official statement ties them together. The “ApeMars hack” label remains a theory. Still, the coincidence left the community on edge. Yuga Labs' rapid whitehat response shows how critical coordinated, fast action is in DeFi security; locking assets before they hit the market prevented a broader meltdown. ApeMars' account ban, meanwhile, highlights how fragile sentiment-driven assets with thin liquidity and social-media-dependent communities can be under sudden shocks.