OpenSea Faces $1M Lawsuit Over Hacked Bored Ape
A now former Bored Ape Yacht Club owner is entering uncharted territory this week and filing a lawsuit against leading NFT marketplace OpenSea. The move comes after the former Bored Ape owner was subject to an exploit on the platform that involved inactive listings, and led to hackers being able to ‘purchase’ the Ape for […]
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Art gallery owner Todd Kramer had his valuable NFT collection stolen from his hot wallet yesterday, so OpenSea froze the stolen assets worth about $2.2 million. NFT marketplace OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) after they were reportedly stolen yesterday from a New York art gallery operator.In total, one Clonex, seven Mutant Ape Yacht Club, and eight Bored Ape Yacht Club NFTs currently valued at about 615 ETH ($2.28 million) were stolen and are now not able to be traded on OpenSea.The toddkramer.eth account, which links to the Ross+Kramer Art Gallery....
Yuga Labs, the team behind the popular non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), lost access to their Instagram account. The team confirmed that their profile on this social media was hacked which allow the attackers to post links to a copycat website which led to fake Airdrops. Related Reading | All You Need […]
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 dollars have been stolen by exploiting the platform’s bug. OpenSea […]
Ahead of the upcoming Merge, ENS domains have reached the top of OpenSea’s seven-day chart in trading volume. Ethereum Name Service (ENS) domain names have surpassed Bored Ape Yacht Club (BAYC) as the most traded asset on NFT marketplace OpenSea over the last seven days — seemingly ahead of the Ethereum Merge. According to OpenSea data, the weekly volume of the Ethereum domain NFTs eclipsed 2,249 ETH at the time of writing, beating out RTFKT Clone X (1,992 ETH) and Bored Ape Yacht Club (1,777 ETH).ENS domains are a distributed, open and expandable naming system on the Ethereum blockchain....
The leading NFT marketplace, OpenSea, saw its Discord server hacked to conduct scams. The incident was highlighted by numerous users’ tweets and blockchain security firm, PeckShield. As a result, OpenSea confirmed the action taken against the issue. OpenSea Tweeted regarding the incident: We are currently investigating a potential vulnerability in our Discord, please do not […]