March 31, 2023

Crypto Comeback Pro is a crypto trading tool for investing in the crypto market with an %88 average win rate on trades and is the #1 trading software for crypto traders from all around the globe in 2022. Try it For FREE Today. 

OpenSea, the leading NFT marketplace, endured a data hack after a worker lost user information. The June 19 blog post revealed OpenSea’s claim that a employee misused worker access to share email contacts by OpenSea subscribers and users with an illicit external party.

What Happened

The blog post showed email addresses were among the exposed information. Meanwhile, OpenSea alerted its customers that the move might translate to an increased potential for email phishing endeavors.

OpenSea advised customers to assume the news affected them if they previously offered email contacts to the company. However, the NFT marketplace confirmed reporting the issue to authorities, and the market is aiding with an internal investigation.

So, you remain a victim if you never sent an email address to the marketplace, whether for a newsletter or the platform. Moreover, OpenSea highlighted users of possible phishing attacks.

First for OpenSea in 2022

The latest data breach is the first OpenSea, and its customers endured in 2022. Discord, an NFT market, met scammers in May, welcoming phishing attempts. The attack saw several users losing their wallets.

Meanwhile, the worst break the exchange ever encountered happened in January, with an attack allowing fraudsters to sell non-fungible tokens without owner consent. Though the marketplace reimbursed approximately $1.8 million to clients, the overall effect of the hack remained unclear.

The marketplace saw yet another data breach regardless of improving its safety policies to avoid fraud. New data shows OpenSea users losing art to fraudsters.

Crypto Community in Turmoil Amid More Scams

The DeFi platform Harmony endured a massive crypto heist less than one week before the OpenSea attack. The attack led to nearly $100 million in losses. Meanwhile, Lazarus might be accountable for the hack. Moreover, this North Korean organization conducted several other hacks, including the April Axie Infinity attack, which left the platform with more than $600 million in losses.

Also Read:  Ethereum Announces 12th April As Official Launch Date Of Network’s Highly Anticipated ‘Shapella’ Upgrade

What are your thoughts about the above subject? The market seems vulnerable to attacks regardless of efforts to ensure heightened security. What steps would erase such developments in the crypto space? You can comment below.

Deep Into Blockchain is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Some of the content on this site (namely Branded Content Posts) is paid content that is not written by our authors and the views expressed do not reflect the views of this website. Any disputes you may have with brands or companies mentioned in our content will need to be taken care of directly with the specific brands and companies. The responsibility of our readers who may click links in our content and ultimately sign up for that product or service is their own. Cryptocurrencies, NFTs and Crypto Tokens are all a high-risk asset, investing in them can lead to losses. Readers should do their own research before taking any action.

Leave a Reply

Your email address will not be published. Required fields are marked *