Yuga Labs Deleted Code Allowing Infinite Bored Ape Creation - Coinleaks
Current Date:May 19, 2024

Yuga Labs Deleted Code Allowing Infinite Bored Ape Creation

There was a code last year that could create unlimited Bored Ape if used. One year after Yuga Labs first announced about it, it canceled the code.

Yuga Labs has removed its ability to print an infinite number of Bored Ape Yacht Club NFTs more than a year after it first said it would. Yuga Labs co-founder said:

“The contract holder is now burned out. While we had intended to do this for a long time, we were not very careful. Now I felt comfortable doing it. It’s all over.”

The problem is that in June 2021, NonFungibles CEO Dan Kelly tweeted that it’s possible for Yuga Labs, the company behind the popular NFT collection, to print as many Bored Apes as possible, according to code on the Ethereum blockchain. came to the fore. At the time, the official Bored Apes Twitter account had announced that it would never run this code and that it planned to revoke the ability to use it in a few days. Seeing that this code was still not removed after 1 year, an NFT developer known as Foobar said that this code still exists and Yuga Labs never revoked it.

Revoking this code can put Bored Ape owners at ease as the project is a frequent target of phishing attacks. Just four days ago, the official Discord server was hacked – for at least the second time this year – and 200 ETH ($357,000) worth of NFTs were stolen from users.