June 22 (Cointime) - NFT platform Foundation has resolved an issue with a self-destruct function that could have potentially wiped out all NFTs minted through its platform. The issue was raised publicly by a co-founder of crypto analytics provider DeFiLlama after six months of negotiations with the company.

The contract contained a "self-destruct" function that posed a severe threat to all collections minted on the platform, but this has been fixed for contracts deployed before 3/6. Foundation makes up a small share of the NFT marketplace industry, bringing in $1.42 million in May 2023.