OpenSea is investigating rumors of a multi-million dollar NFT exploit


The nascent market for non-fungible tokens was sent into a tizzy Saturday evening after millions of dollars worth of NFTs on OpenSea were swiped by a hacker.

Track live crypto price of 10000+ coins!

At the time of writing, it is not clear if the assets were stolen via a breach stemming from a deficiency in OpenSea’s platform or a phishing attack—a commonplace way for thieves to access accounts through factitious emails. 

“We are actively investigating rumors of an exploit associated with OpenSea related smart contracts,” the firm said in a tweet. “This appears to be a phishing attack originating outside of OpenSea’s website.”

A spokeswoman for the firm directed The Block to this tweet when reached for further update.

Related:  ETH Falls Below $2,000 as Crypto Bearish Pressure Intensifies  – Market Updates Bitcoin News

At this point The Block can confirm that the hacker has stollen roughly $3 million in assets, which includes popular NFTs like Bored Apes, Azuki and CloneX.

The CEO of Nasen, Alex Svanevik estimates that about 19 OpenSea users have been impacted.

OpenSea—which recently raised at a valuation topping $13 billion—is one of the largest platforms for NFT trading. It counts Andreessen Horowitz and actor Ashton Kutcher as backers. 

We will update this report when we learn more.

Trending Stories

Download MAXBIT Android App, Your best source of all crypto news!

Google Play

Source link

Share this article: