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Research: an OpenSea bug is being exploited to purchase NFTs at below-market rates before flipping them, netting $1M+ across at least eight NFTs in 12 hours

A bug is being exploited to purchase NFTs from users of OpenSea, at well below market value.  Since this morning …

Elliptic Blog

Discussion

  • @yakirrotem @yakirrotem on x
    Following my previous tweet ( https://twitter.com/...), here is a 🧵about the @opensea bug. 1/
  • @tomrobin Tom Robinson on x
    A bug on NFT marketplace OpenSea is currently being exploited to purchase NFTs at well-below market value. One hacker paid $133k for seven NFTs, before quickly selling them on for $934k. https://www.elliptic.co/...
  • @yakirrotem @yakirrotem on x
    ** Urgent ** There is an @opensea devastating bug that will keep old listing and allow exploiters to buy the NFT using their API. Immediate action is to move your NFT to a new wallet or wallet without any previous listing. I will add a 🧵about it very soon
  • @reviewinc101 @reviewinc101 on x
    A bug on #NFT marketplace @OpenSea is currently being exploited to purchase #NFTs at well-below market value. One hacker paid $133k for seven #NFTs, before quickly selling them on for $934k. @mecdot #crypto #cryptonews #blockchain #ethereum #eth https://www.elliptic.co/...
  • @charlesarthur Charles Arthur on x
    Anyway, at least it's not real money at stake. https://twitter.com/...