Opensea CEO Dismisses $200 Million Hack Rumor, Claims Incident Was a Phishing Attack
security

Opensea CEO Dismisses $200 Million Hack Rumor, Claims Incident Was a Phishing Attack

THELOGICALINDIAN - Opensea cofounder and CEO Devin Finzer has denied rumors that the nonfungible badge NFT marketplaces codebase was breached and that attackers had baseborn 200 actor According to Finzer an analysis had apparent that the antagonist had 17 actor account of ethereum in his wallet by leveraging a phishing arrangement

Attacker Reportedly Returns Some Stolen NFTs

Devin Finzer, the co-founder and CEO of Opensea has denied letters that the NFT exchange has been breached. Instead, Finzer has characterized the declared hacking adventure as a “phishing attack,” which he insists is not affiliated to Opensea’s website. He did, however, accept that some of the added than 30 users that “signed a awful burden from an attacker” had their NFTs stolen.

While Finzer did not accord the estimated amount of the baseborn NFTs, a Twitter user called Mr. Whale appropriate in a tweet, acquaint a few hours afterwards the breach, that “over $200M [was] absent already.” Another user called Jacob King alone Finzer and Opensea’s phishing advance claim. The user claims that a “flaw in their cipher led to one of the better NFTs exploits in history.”

However, in a Twitter thread acquaint on February 20, Finzer rebuts these claims. He said an analysis had, in fact, apparent that the attackers had alternate some of the NFTs. He explained:

Finzer additionally claimed that the Opensea aggregation was not acquainted of any contempo phishing emails that accept been beatific to users. The CEO said at the time back he acquaint the thread, the aggregation was yet to actuate the website that had been “tricking users into maliciously signing messages.”

Attackers’ Wallet Has $1.7 Million Worth of ETH

Also to aback the allegation of Opensea’s investigation, the CEO pointed to a added abstruse ambience of what transpired which was aggregate by addition Twitter user Neso.

Finzer ends his cilia by dismissing rumors that appropriate that this was a $200 actor hack. According to him, the Opensea aggregation had bent that “the antagonist has $1.7 actor of ETH in his wallet from affairs some of the baseborn NFTs.”

Meanwhile, in addition thread, Finzer said afterwards his aggregation got in blow with “dozens” of bodies and teams beyond the NFT space, and he is assured this was a phishing attack. He added that Opensea was now actively “working with users whose items were baseborn to attenuated bottomward a set of accepted websites that they interacted with that ability accept been amenable for the awful signatures.”

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