Sunday, December 10, 2023

Users lose millions of dollars in NFTs as a result of a “phishing” attack on OpenSea.

OpenSea users are once again becoming the target hackers. Recently millions worth of NFTs (Non-Fungible Tokens) were stolen from the OpenSea marketplace.

Although the cause of the attack is still undetermined, the OPenSea CEO, Devin Finzer took to Twitter to share his thoughts. He posted that it is highly likely a phishing attack and that it is not directly connected to the NFT platform. He further added that the investigations are still going on.

According to the record of blockchain, hackers were able to break the security and access users’ wallets, and steal their Non-Fungible Tokens (NFTs). So far Mutant Apes, Bored Apes, and a few other popular NFT collections were stolen.

The OpenSea attacker stole about $2 million worth of Non-Fungible Tokens (NFTs). Additionally, Devin Finzer confirmed all this information by disclosing the fact that the attacker has around $1.7 million worth of ETH (Ethereum) in their wallet. Which they got by selling some of the stolen non-fungible tokens.

It also came out that some of the stolen non-fungible tokens were returned and in one particular case, the hack returned all the stolen NFTs except for the Bored Ape. However, OpenSea is still disturbed about what happened and said that the situation is being investigated. The CEO said we do not believe this is all connected to our OpenSea platform. We came to know that 32 of our users have signed a malicious payload provided by an attacker and later some of their non-fungible tokens got stolen.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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