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OpenSea NFT Hack Exposes Web3 Self-Custody Risks

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Key Takeaways

  • A hacker stole hundreds of NFTs from OpenSea users last night.
  • While a post-mortem report has not yet been published, OpenSea team has claimed that the hacker executed a phishing attack to steal the NFTs.
  • The incident is yet another reminder of the risks of self-custody in Web3.

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The hacker stole hundreds of high-value NFTs from sought-after collections like Bored Ape Yacht Club, Azuki, and NFT Worlds. 

OpenSea Users Targeted in NFT Hack 

A hacker stole millions of dollars worth of NFTs from OpenSea users last night. 

The attacker targeted an estimated 32 collectors on the top NFT marketplace and drained their Ethereum wallets. On-chain data posted by Peckshield shows that they stole over 250 pieces from high-value collections like Bored Ape Yacht Club, Doodles, Azuki, and NFT Worlds. Based on the floor prices for the collections, Crypto Briefing estimated the total haul to be worth over 1,000 Ethereum, or $3 million. The attacker’s wallet currently contains 641 Ethereum worth around $1.7 million, as well as a selection of the…

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