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NFT Marketplace OpenSea Suffers a Major Data Breach

NFT giant warned users of phishing assaults that could target them in the coming days.

 

Earlier this week, NFT marketplace OpenSea revealed a data breach and warned users of phishing assaults that could target them in the coming days. 

The company's Head of Security, Cory Hardman, said that an employee of its email delivery vendor, Customer.io, allegedly downloaded and shared stored email addresses linked with OpenSea accounts and newsletter subscriptions with an unknown third party. 

"If you have shared your email with OpenSea in the past, you should assume you were impacted. We are working with Customer.io in their ongoing investigation, and we have reported this incident to law enforcement," Hardman stated. Because the data compromise included email addresses, there may be a heightened likelihood for email phishing attempts." 

The crypto platform has more than 600,000 users and a transaction volume that surpassed $20 billion earlier this January. Customers were also told to look for emails sent from domains that hackers could exploit to spoof OpenSea's official email domain opensea.io. 

Examples of domains that could be employed in phishing attacks targeting OpenSea users include opensea.org, opensea.xyz, and opeansae.io.

Additionally, the company shared a set of safety recommendations that would help defend against phishing attempts advising them to be suspicious of any emails trying to mimic OpenSea, not to download and open email attachments, and to check the URLs of pages linked in OpenSea emails.

Users are also urged never to share or confirm their passwords or secret wallet phrases and never to sign wallet transactions if prompted directly via email.

"We wanted to share the information we have at this time, and let you know that we've reported the incident to law enforcement and are cooperating in their investigation," Hardman added. 

Recently, crypto platforms have emerged as a lucrative target for malicious hackers as the industry witnesses rapid growth and money flooding in. Blockchain-based, decentralized networks promise better security, but average users today lean toward centralized services like OpenSea for their convenience. 

Earlier in March, a data leak at HubSpot, a customer-relations management software firm, led to data breaches at BlockFi, Circle, and others. Fractal, an NFT platform started by Twitch co-founder Justin Kan, had a rocky debut last year in December after a fraudster hacked the announcement bot to siphon $150,000.
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