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Crypto DeFi

Yuga Labs VP Urges Users to Revoke Blur NFT Approvals Before Nov 12 Shutdown

Yuga Labs blockchain vice president Quit urged users to immediately revoke their NFT approvals to Blur smart contracts, ahead of Blur’s front-end shutdown on November 12. Quit said an investigation found no exploitable vulnerability in Blur’s current contracts, but noted they are upgradeable and could be maliciously modified later. At least $10 million worth of NFTs remain approved to Blur contracts, leaving security dependent on the team’s operational practices; Quit recommended revoking via tools such as revoke.cash.

Original source

AI take

The warning is less about Blur's current code than about what happens to upgradeable contracts once active maintenance stops: the team's operational discipline becomes the only thing standing between approved assets and a malicious upgrade. With a substantial pool of NFTs still approved, the exposure is concentrated among users who set permissions and never revisited them. Whether that residual approval volume shrinks before the shutdown — and whether upgradeable-contract approvals get treated as perishable rather than permanent — is the open question.

Generated by AI for reference only.

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