An unfortunate error in OpenSea's could have allowed hackers to steal Cryptocurrency from wallets.
Cybercriminals may have already misused security problems in OpenSea, the world's largest non-fungible token (NFT) marketplace, to leach cryptocurrency funds from a victim by sending a special token and hence opening new phishing sites for exploitation.
According to Check Point Research, a cybersecurity firm started looking into the platform after noticing stolen cryptocurrency wallets caused by free airdropped NFTs. On Sept. 26, 2021, the issues have already been resolved in less than an hour of responsible disclosure.
The Check Point researchers also say that if the vulnerabilities aren't fixed, hackers could use malicious NFTs to hijack user accounts and steal entire cryptocurrency wallets.
NFTs are one-of-a-kind digital assets such as photos, videos, audio, and other items that can be traded in the market using blockchain technology as a registration certificate to establish an authenticated and public proof of ownership, as the name implies.
OpenSea so far has not seen such vulnerability used in the wild, but it is collaborating with third-party wallet services to help users better identify malicious signature requests, as well as other initiatives to help users prevent scams and phishing attacks with better activity.
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