May 26, 2022

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OpenSea investigates rumors of multi-million dollar NFT exploit

OpenSea investigates rumors of multi-million dollar NFT exploit

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Update: (11:01 PM): OpenSea co-founder Devin Finzer chirp The company is still investigating the incident, adding that they believe it stemmed from a “phishing attack.”

He added: “We don’t believe it’s connected to the OpenSea website. So far 32 users seem to have fallen for a malicious payload from an attacker, and some of their NFTs have been stolen.”

Finzer suggested that affected users contact the company via Twitter Support.


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

At the time of writing, it was not clear whether the assets had been stolen via an OpenSea-deficiency breach or a phishing attack – a common way for thieves to gain access to accounts through fake emails.

“We are actively investigating rumors of exploitation associated with OpenSea-related smart contracts,” the company said in a tweet. “This appears to be a phishing attack that originated outside the OpenSea website.”

A company spokeswoman addressed The Block to this tweet when accessed for further update.

At this point, The Block can confirm that a file hacker He stole nearly $3 million in assets, which include popular NFTs like Bored Apes, Azuki, and CloneX.

Nasen CEO Alex Svanevik estimates that about 19 OpenSea users have been affected.

OpenSea – which was done recently upload With a valuation of over $13 billion – it is one of the largest NFT trading platforms. Andreessen Horowitz and actor Ashton Kutcher are supporters.

We will update this report when we learn more.

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