
Yuga Labs announced it removed a segment of the code underlying the Bored Ape Yacht Club that allowed the creation of an infinite amount of Bored Apes.
What Happened: Following its Discord servers being hacked four days ago, resulting in 200 Ethereum (CRYPTO: ETH) worth of NFTs stolen, Bored Ape Yacht Club fixed an exploitable vulnerability by removing a piece of code that, if hacked, could mint an unlimited number of Bored Ape Yacht Club NFTs. If that had happened, it would have effectively led to a major investor loss by infinitely expanding supply size.