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OpenSea Looks Into NFT Exploit

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The world’s largest NFT marketplace, OpenSea, announced that it’s looking into a scam that’s targeting its users. OpenSea tweeted about the situation, saying, “We are actively investigating rumors of an exploit associated with OpenSea related smart contracts. This appears to be a phishing attack originating outside of OpenSea’s website. Do not click on links out of [the posted address.]” OpenSea’s CEO, Devin Finzer went to Twitter ($TWTR@US) to explain that the company, “is not aware of any recent phishing emails that have been sent to users.” Finzer suggested that a fraudulent website may be to blame for the issue. He went on to say, “As far as we can tell, this is a phishing attack. We don’t believe it’s connected to the OpenSea website. It appears 32 users thus far have signed a malicious payload from an attacker and some of their NFTs were stolen.” According to other reporting, around $3 million in assets were jeopardized. Blockchain security company PeckShield said that this situation was most likely phishing. At press time, Ethereum, the blockchain behind most NFTs, maintained its market dominance at just over 18% as its trading volume continued to rise.

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