Yuga Labs Deletes Code Allowing Infinite NFT Mints
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8 June

Yuga Labs, a company behind the Bored Apes Yacht Club NFT collection, has patched the code of its smart contract that allowed — if executed — to mint an infinite amount of additional non-fungible tokens (NFTs).

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Yuga Labs Co-Founder EmperorTomatoKetchup said in a tweet the firm didn't hurry to fix the code because of an "abundance of caution."

"The contract owner has now been burned. While we’d been meaning to do this for a long time, we hadn't out of an abundance of caution. Felt comfortable doing it now. All done."

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The tricky function was first spotted by NonFungibles CEO Dan Kelly in June 2021, when he noted that Yuga Labs could mint as many NFTs as they wanted. A spokesperson for Yuga Labs responded back then that the firm was planning to revoke the function "in the next day or two."

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