OpenSea Is Being Exploited

OpenSea is actively being exploited nowadays owing to a weakness on the platforms front end. As per various reports, a user had successfully stolen 347 ETH from the NFT marketplace not too long ago.

Moreover, several users discovered that it was possible to acquire certain NFTs from OpenSea at rates previously advertised on the Rarible marketplace.

Also, while no backend or blockchain hacking process was required for the attack, the user merely leveraged the imbalance between the two orders on the different platforms to obtain value by purchasing an NFT for a substantially cheaper price than indicated on OpenSea.

Ultimately, its been a rough week for the NFT sector as not only have there been many functionality-related issues, but the NFT community previously also discovered that practically anybody can obtain a verified Twitter profile image by right-clicking and saving nearly any NFT and then subsequently mint it as a distinct collection on OpenSea without purchasing the real piece.