Yuga Labs VP: NFT Theft Claims Portal to Launch Soon, ETH Donations Open

Yuga Labs VP of Blockchain, Quit, announced that a claims portal for the recent NFT theft incident is expected to go live within hours. A dedicated address, nftsaresafu.eth, has been established to accept donations in ETH and other tokens. Quit noted that he has already spent approximately $7,500 in gas fees to address the situation. Previously, a security vulnerability on the Magic Eden marketplace allowed a white-hat hacker to transfer 3,832 NFTs, valued at roughly $1.5 million, from hundreds of wallets.