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Author Topic: OpenSea hacked for $780,000  (Read 243 times)
TribalBob
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January 29, 2022, 02:37:14 PM
 #21

there may be other reasons why this opensea issue was not published, you know that if the strongest bad news from one platform will definitely affect prices, user trust and many more it can have a negative effect not only on NFT but all crypto.
the hope of every user of the platform is that the funds will be returned

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Kavelj22 (OP)
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January 29, 2022, 11:54:49 PM
 #22

Someone in my local board posted about the incident and i was wonder why no other topics discussing the attempt.

PeckShield company announced in a tweet that the famous platform dedicated for create/exchange NFTs with $3.5 billion in monthly trading volume has been hacked for 332 Eth equivalent to $780,000 by the actual price.
Tweet: https://twitter.com/PeckShieldAlert/status/1485547426467364864

The incident was reported three days ago without any official announcement from the platform. According to this article, this how the incident happened:
A bug in the front end of OpenSea, one of the world’s biggest markets for Non-fungible Tokens (NFTs), is reportedly the cause of the hack, as it allowed users to buy popular NFTs at their previous listing price.
I didn't see any other threads as well, is there any announcement or update from the official site? If not then we can't trust that the platform is actually hacked, its not really hacked people took money due to the glitches in their security system.

The platform didn't also announce that there was people took money due to the glitches in their security system. What did really happen, actually we don't have exact answer yet. And the company by not explaining the situation makes things worst.

The hope of every user of the platform is not just to refund their wallets, but also to deal with a company running in transparence.

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Anonylz
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February 03, 2022, 06:57:27 PM
 #23

there may be other reasons why this opensea issue was not published, you know that if the strongest bad news from one platform will definitely affect prices, user trust and many more it can have a negative effect not only on NFT but all crypto.
the hope of every user of the platform is that the funds will be returned

If the funds are not already or no promises from the opensea team to return the funds of various affected victims believe it would have been made public long before now, am almost certain the teams have addressed the issue and promised a full refund to victims which were affected.

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doomloop
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February 03, 2022, 09:06:10 PM
 #24

there may be other reasons why this opensea issue was not published, you know that if the strongest bad news from one platform will definitely affect prices, user trust and many more it can have a negative effect not only on NFT but all crypto.
the hope of every user of the platform is that the funds will be returned
Well said. We cant blame open sea because they are only protecting not only their reputation but also the overall crypto community. Not only that but if they announce this thing, there are people that will try it as well if if it also works for them because people nowadays wont really care much if they do a bad thing but as long as they can benefit with it they will do it.

Opensea should fix the issue and add some extra layer of security so that next time hackers will have a hard time to crack their system because it was not the first time it happened to them but if I remember there are incidents on the past where a bored ape have been stolen and then re sold.

martina14
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February 08, 2022, 02:14:07 AM
 #25

Someone in my local board posted about the incident and i was wonder why no other topics discussing the attempt.

PeckShield company announced in a tweet that the famous platform dedicated for create/exchange NFTs with $3.5 billion in monthly trading volume has been hacked for 332 Eth equivalent to $780,000 by the actual price.
Tweet: https://twitter.com/PeckShieldAlert/status/1485547426467364864

The incident was reported three days ago without any official announcement from the platform. According to this article, this how the incident happened:
A bug in the front end of OpenSea, one of the world’s biggest markets for Non-fungible Tokens (NFTs), is reportedly the cause of the hack, as it allowed users to buy popular NFTs at their previous listing price.

As I read the article, it seems that there is something wrong, but I don't know if I am the only one noticed it. But anyway this same old issue I think will not be gone instead it will always be a part of the business here in the crypto space as long as there is a huge money involved in the market. Particularly now that NFT was too trending at the moment.

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