OpenSea assault sees customers lose $2.9 million in NFTs

• World’s main NFT market acknowledged an assault however denied it had been hacked for $200 million value of NFTs.
• OpenSea co-founder and CEO Devin Finzer confirmed this was a phishing assault and never a breach on its web site.
• He mentioned that no less than 32 customers had been duped into clicking a malicious hyperlink.
• Blockchain safety agency PeckShield mentioned the attacker managed to “wash” $2.9 million value of NFTs on the time of this replace.

OpenSea, the world’s largest NFT market, has mentioned its investigating a phishing assault that noticed attacker(s) steal non-fungible tokens (NFTs) from customers.

Whereas the platform’s co-founder and CEO Devin Finzer confirmed there had been an assault, he mentioned it was not a network-wide breach however a phishing assault. Based on Finzer, no less than 32 customers had misplaced their NFTs to the attacker.

The OpenSea chief mentioned that rumours of a $200 million hack on the main NFT market had been false.

“So far as we will inform, this can be a phishing assault. We don’t consider it’s linked to the OpenSea web site. It seems 32 customers to date have signed a malicious payload from an attacker, and a few of their NFTs had been stolen,” he famous on Saturday night time following experiences of the assault.

Peckshield appeared to come back to the identical conclusion that the theft resulted from a phishing assault involving person e-mail addresses. The assault originated “outdoors of OpenSea’s web site,” the agency famous.

The “exploit” occurred as customers ‘migrated’ their NFT listings to a brand new good contract as notified by the OpenSea group.

“Customers authorize[d] the “migration” as instructed within the phishing e-mail and the authorization sadly permits the hacker to steal the precious NFTs…,” Peckshied explained.

Finzer mentioned that the attacker had managed to promote among the stolen NFTs for ETH, amounting to about $1.7 million on the time.

An replace from blockchain safety and information analytics agency Peckshield on Sunday morning confirmed the scammer had managed to clean about 1,100 ETH, amounting to roughly $2.9 million.

The @opensea scammer simply made use of @TornadoCash to clean 1,100 ETH…https://t.co/eQCopgqx43 pic.twitter.com/8KB6QxBC8P

— PeckShield Inc. (@peckshield) February 20, 2022

Among the many stolen NFTs traced to the attacker’s handle had been items from Bored Ape Yacht Membership, Doodle, Cool Cats, and Azuki.