Blake Lively And Leonardo DiCaprio Cover Nude Pics With Yacht Ride (PHOTOS)

Blake Lively was spotted handling business while on a small yacht in Venice with rumored boyfriend Leonardo DiCaprio.

"The Town" actress has been feeling the heat since a hacker posted purported nude pictures of Blake Lively online. Her team quickly came in saying the nude woman in the pictures was not Blake Lively and called the pictures 100 percent fake.

On the other side things are going great for Blake, she's been spotted out and about with Leonardo DiCaprio and the two seem to be quite smitten with each other. The "Shutter Island" actor called Blake his “girlfriend” while attending a Grand Prix event.

Friends of Leo claim, “I’ve never seen him like this with a girl.”

Go to the next page to see more photos of Blake and Leo hanging out on a yacht!