World's largest NFT marketplace attacked, loses $1.7 million in NFTs

The world's largest NFT marketplace has announced it has been made aware of an exploit with 'OpenSea related smart contracts'.

@JakConnorTT

Published Feb 21, 2022 4:07 AM CST
Updated Mar 17, 2022 10:18 PM CDT

42 seconds read time

OpenSea, the world's largest marketplace when it comes to NFTs, has announced via its Twitter account that it's currently investigating a "phishing attack".

Since the attack was announced, numerous updates have been posted by OpenSea and its co-founder and CEO Devin Finzer, who said that the marketplace is communicating with more than a dozen individuals who were affected by the attack and that it appears the exploit doesn't have to do with the OpenSea website.

OpenSea has since published an update, writing that it has narrowed down the victims of the attack to 17 and that the attacker doesn't seem to be active as the malicious account hasn't seen any movement for the past 15 hours. Finzer wrote that the rumors regarding this attack being worth $200 million are false as the attacker has "$1.7 million worth of Ethereum in his wallet from selling some of the stolen NFTs".

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I will update you when OpenSea releases more information regarding how this attack happened.

World's largest NFT marketplace attacked, loses $1.7 million in NFTs 01

NEWS SOURCE:engadget.com

Jak Connor

Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest science, space, and artificial intelligence news. Jak's love for science, space, and technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.