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ID:

opensea-112

Date:

Status:

Incident Count:

January 24, 2022

Verified

4

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

No

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Audit By:

Audits:

None

Loss Amount:

750,000

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Recovered:

-

Rewards:

Currency:

USD, ETH

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Ethereum

NFTs

NFTs

Front-end Vulnerabilities

Extended Method:

Front end manipulation

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Days in Operation:

1748

(4.79 Years)

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Scammers appear to be taking advantage of an OpenSea bug in order to purchase valuable NFTs at a considerably cheaper price than their current listing. Several researchers and developers have detailed the ongoing problem, with some claiming that specific NFTs worth hundreds of thousands of USD have been stolen by exploiting the platform’s bug. According to reports, a fault in the front end of prominent nonfungible token (NFT) marketplace OpenSea has resulted in an exploit that allows users to acquire popular NFTs at their prior listing price. The popular security firm PeckShield’s real-time alerts bot – alerted of an OpenSea front-end flaw earlier today, noting that the exploited had already obtained 332 ETH worth around $750K at the time.

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