OpenSea Clarifies on Rumors of an Exploit

World’s most popular non fungible token (NFT) marketplace, in the wake of series of viral and panicked tweets from NFT traders said it’s investigating “rumors of an exploit” with regards to smart contracts connected to its platforms.

“We are actively investigating rumors of an exploit associated with OpenSea related smart contracts,” OpenSea posted to Twitter Saturday night U.S. hours.

“This appears to be a phishing attack originating outside of OpenSea’s website. Do not click links outside of opensea.io.”

Later OpenSea CEO Devin Finzer followed up in a tweet that “32 users thus far have signed a malicious payload from an attacker, and some of their NFTs were stolen.”

He also noted that the company is “not aware of any recent phishing emails that have been sent to users,” and suggested a fraudulent website may be to blame.

According to Coindesk, OpenSea had planned to revise its smart contracts by releasing brand new contracts on Friday. The upgraded contract was intended to ensure old, inactive listings on the platform would eventually expire.