Tue. Sep 26th, 2023

A phishing attempt on the world’s largest NFT (non-fungible token) marketplace, OpenSea, has resulted in the loss of at least 32 precious NFTs valued $1.7 million.

Devin Finzer, OpenSea Co-Founder and CEO, confirmed that 32 users had lost NFTs as a result of the phishing attack. It’s not a $200 million hack, he said. The attacker “had $1.7 million in ETH (Ethereum) in his wallet after selling part of the stolen NFTs,” he claimed. It wasn’t clear how large the cyber attack was, but Blockchain investigator Peckshield said he suspects a possible leak of user information (including email ids) that drove it.

NFT Marketplace OpenSea Hacked

Rumors of an exploit in OpenSea smart contracts are currently being investigated by our team. OpenSea’s website looks to be the target of a phishing assault, the NFT marketplace tweeted.

A one-week deadline to remove dormant NFTs from OpenSea’s platform was the trigger for the breach.

Users had to move their listed NFTs from the ETH blockchain to a new smart contract as part of the smart contract upgrade. There were many reports within hours of OpenSea’s upgrade announcement that NFTs were being targeted by an ongoing attack. There is no connection between this and the OpenSea website.” A malicious payload was signed by 32 users so far, and some of their NFTs were compromised. “stolen,” Finzer wrote on his Facebook page.

Concerned customers should contact OpenSea’s CEO Via Twitter

During the course of an investigation into a $1.45 million fraud case, the UK tax office this week seized three NFTs as part of their investigation, according to a report by the BBC.

It was the first time an NFT had been seized by UK law enforcement, according to the authorities. Revenue and Customs also seized 5,000 pounds ($6,762) in crypto assets as well as three unvalued NFT artworks from the Royal Collection in the United Kingdom.

By Adam

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