Yuga Labs executives responded to a payment processor leak... and the company's response was no.

According to PANews on September 25, Yuga Labs executives disclosed the Payment processor vulnerability incident, which showed that defects in the payment processing contract of on-chain could increase asset risk for a short time. On September 25, Vice President Quit of Yuga Labs blockchain said that at 9 am Eastern Time on the same day, United States V2 was exploited by an attacker and the first batch of 10 Meebits, 50 Otherdeeds, 10 WoWs and 235 Desperate Apewives were stolen.

How the breach started: From a small amount of NFT stolen to massive asset exposures

The attackers initially exploited Payment processor V2. The first set of assets listed in the public announcement included 10 Meebits, 50 Otherdeeds, 10 WoWs and 235 Desperate Apewives. A key turning point occurred 12 hours later: Yuga Labs vice president Quit learned about the incident and found that a large number of NFT were also affected by the flaw. This suggests that the vulnerability does not only affect a single contract or an individual collection but could potentially reach multiple sets of assets through payment processing logic.

Emergency response: Suspend V3, protect V2 and ApeChain assets

The team then worked with LimitBreak to implement an emergency suspension on the similarly vulnerable Payment processor V3. Since V2 could not be suspended, Yuga Labs initiated protective white hat operations against related assets in both V2 and ApeChain. The role of White Hat's operation here was that security responders intervened to protect assets before the vulnerability had been exploited further.

What it means for readers: on-chain Assets are more secure than wallets

Payment processor This type of component normally handles the asset flow and payment processing, and once there is a flaw in the contract logic, risk can spread from a single project to multiple projects within the same lifetime. Meebits, Otherdeeds, WoW and Desperate Apewives were all mentioned in this incident, with related assets on ApeChain also coming under protection.

Follow-up: Repairs, audits and asset recovery

The follow-up to the incident will revolve around fixing vulnerabilities in Payment processor V2 and V3. What markets need to be concerned about is whether the 23,155 rescued pieces of NFT have all been restored to accessible status, if there are still parts of related assets on ApeChain that haven't been fully disposed of, and what happens next with the 660 items associated with WETH . For Yuga Labs ecology, such incidents also drive contract audits, payment process isolation and emergency response mechanisms to be reviewed. This article only deals with public events and does not constitute investment advice.