Hackers use OpenSea platform vulnerability to steal millions of NFTs from users

According to blockchain analytics firm Elliptic on January 25, the vulnerability in OpenSea NFT activity could allow hackers to steal fewer NFTs from their owners at a lower transaction cost and sell their earnings. On Monday, at least 3 protesters, including the Bored Ape Yacht Club, Mutant Ape Yacht Club, Cool Cats and Cyberkongz NFTs, had purchased at least 8 NFTs at below market price in the last 12 hours. An opponent by the name of "jpegdegenlove" bought 7 NFTs for $133,000 and then immediately resold them for $934,000. Charles Guillemet, CTO of wallet designer Ledger, tweeted on Monday: “It's hard to use a secure platform right now. The only thing we can do is reduce the risk. Golden Financial previously reported that the OpenSea front-end has the potential to be virus-free, with some receiving over 200 ETH. (blocks)