$1.7 Million OpenSea Hack Explained

Saturday’s phishing attack stirred up the crypto audience: 32 users of OpenSea — one of the leading NFTs marketplaces — had their NFTs stolen, which turned out for a hacker to be $1.7 million revenue.

Over the weekend, OpenSea co-founder and CEO Devin Finzer reported that a hacker tricked 32 victims into signing a “malicious order” that allowed their NFTs to be transferred to the attacker for free.

The fact is that the attack occurred just as the platform was transitioning to the new Wyvern smart contract system. Therefore, it is likely that this could have been a vulnerability for users who were victims of the attack. At this point, however, the company says the attack appears to have come from outside OpenSea.

So what happened? OneArt figured out the inner side of the issue and prepared its technical run-down for you to not fall for.

Attack run-down: points to be aware of

Source: Twitter

The phishing in detail:

  • A hacker created phishing mailing by clicking…

Continue reading on our new blog: https://oneart.digital/en/blog/1-7-million-opensea-hack-explained#attack-run-down-points-to-be-aware-of

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