Sunday, December 22, 2024
HomeNFTA bug costs USD 750,000 to NFT marketplace tokens

A bug costs USD 750,000 to NFT marketplace tokens

An attack has purportedly been discovered in the front end of prominent nonfungible token (NFT) marketplace OpenSea, allowing users to acquire popular NFTs at their prior listing price.

The exploiter appears to have purchased NFT items from the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) at their previous listed price and then sold them for the current market price. BAYC #9991, BAYC #8924, and MAYC #4986 are among the NFTs that are affected.

In 2021, NFTs grew in prominence, with large businesses and celebrities jumping on board, attracting an increasing number of frauds.

It’s a wrap for this story. Stay alert and aware.

Read more: 

Kunal Krishan
Kunal Krishan
Kunal is an investment space writer who firmly believes investment is something which should not be a choice but a part of everyone's life.
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

one × four =

- Advertisment -

Most Popular