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NFTs worth Millions of Dollars Swiped On OpenSea by a Hacker. Investigation Ongoing

OpenSea, one of the largest non-fungible token (NFT) marketplace, has been hit by hackers once again. NFTs worth millions of dollars are reportedly stolen in the process.

At the time of press, it cannot be ascertained if the assets were stolen via a breach from a deficiency in OpenSea’s platform or a phishing attack.

Read Also: OpenSea Upgrades Smart Contract To Delist Inactive Non-Fungible Tokens (NFTs) on Ethereum

OpenSea Is Currently Investigating the Issue

In a recent tweet, OpenSea reported a possible exploit in relation to its NFT marketplace, stating that investigation has started to know the extent of the attack.

According to the platform, the exploit appears to be a phishing attack from outside its domain. Phishing is a common means for thieves to access accounts through fictitious emails.

So, users are warned to desist from clicking any link different from its well-known official website address.

OpenSea tweeted, “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 links outside of opensea.io.”

Read Also: OpenSea Says Over 80% of Its Free NFT Mints Were Plagiarized, Spam or Fake

Hacker Steals Assets worth Around $3 Million

According to The Block, at this point, the hacker has stolen assets worth relatively $3 million, which includes popular NFTs such as Bored Apes, Azuki, and CloneX.

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Alex Svanevik, the CEO of Nasen, estimates that about 19 users of the NFT marketplace are affected.


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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