Check if the artist has a Discord channel and contact the artist to verify authenticity. Find out if the project is known in the community. To avoid falling for this, do your research before you buy an NFT. What is more, this fake artwork could be auctioned as an original piece. Phishing is by far the most common attack used by cybercriminals, however, there are other scams we need to be aware of such as… Fake or fraudulent NFTsĪt the moment, it’s quite easy to mint a piece of artwork, like an image, and turn it into an NFT without the artist’s consent or approval. What other scams do I need to know about? Any codes required to unlock NFT transactions should only be known by you. Keep your sensitive information very close to your chest. The key to avoiding phishing scams is to go directly through the official website and never follow a link, pop-up, or email to enter your information. Malicious phishing pop-ups operate on popular public forums like Discord and Telegram, so be aware. While the victim navigates the fake site and enters sensitive information, the attacker is able to see everything and execute the theft. What makes phishing so successful for cybercriminals is that those who “take the bait” will enter a site that may look identical to the site they were looking for originally. In turn, this message directs the victim into the realms of the cybercriminal, where they can complete their cyber theft. In a phishing attack, the victim receives a fraudulent message in the form of a pop-up, link, or perhaps an email. Phishing is essentially a trick, performed by cybercriminals, to rob their victims by gaining their sensitive information. “We’re actively working with users whose items were stolen to narrow down a set of common websites that they interacted with that might have been responsible for the malicious signatures.” What is phishing? We don’t believe it’s connected to the OpenSea website.”
He said: “As far as we can tell, this is a phishing attack.
This was apparently a phishing attack, according to Opensea co-founder and CEO Devin Finzer. What happened on Sunday and what can we learn from this mess?įirst of all, last weekend’s debacle involved 32 Opensea users, whose NFTs were targeted by a sophisticated, ruthless hacker.
The truth is, despite the transparency and inherent security that comes with blockchain technology, there are still ways for malicious activity to thrive. Valuable NFTs were stolen, including Bored Ape Yacht Club and Mutant Ape Yacht Club assets. Opensea, the vast NFT trading ocean, was the center of a new storm – in the form of a heist. NFT traders were rocked by an earthquake on Sunday.