OpenSea was Hacked for 332 Ethers Worth Around $780.000

by in Cryptocurrency News

OpenSea NFTs hack

The largest NFT marketplace OpenSea was hacked. The blockchain security platform Peckshield, reported that there was a front-end vulnerability, exploiting which the hacker managed to gain 332 Eths valued at about $780.000 at current prices. The estimations of Peckshield are based on data from EtherScan.

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OpenSea hasn't announced yet about the attack officially.

Recently, on January 12, the OpenSea team announced making its bug bounty program public. Now everyone can take part in the Bug Bounty Program to enhance the security of the platform. OpenSea announced that its mission is to know and understand technical vulnerabilities to anticipate and prevent attacks.

Launched in December 2017, OpenSea is among the most popular NFT marketplaces. According to data from DeFi LLama, total volume of trades stands at above $16 billion.

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The valuation of the company hit $13.3 billion recently.