30 Jun 2022

NFT Platform OpenSea Joins Long List of Crypto Data Breach Victims

OpenSea, the largest non-fungible token (NFT) marketplace by trading volume, has suffered a data breach after an employee at Customer.io, the platform’s email delivery partner, leaked user data. In a blog post on Thursday, the marketplace said that an employee of Customer.io “misused their employee access to download and share

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06 Jun 2022

Yuga Labs Confirms Discord Server Hack; 200 ETH Worth of NFTs Stolen

The Bored Ape Yacht Club (BAYC) Discord server was hacked Saturday, with the attacker making off with 200 ETH ($360,000) worth of non-fungible tokens (NFT), according to Yuga Labs. The hack took place after the project’s community manager, Boris Vagner, had his Discord account compromised, which the attacker then used

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06 Jun 2022

Thefts, Fraud and Lawsuits at the World’s Biggest NFT Marketplace

Chris Chapman used to own one of the most valuable commodities in the crypto world: a unique digital image of a spiky-haired ape dressed in a spacesuit. Mr. Chapman bought the nonfungible token last year, as a widely hyped series of digital collectibles called the Bored Ape Yacht Club became a

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29 Apr 2022

International Tax Consortium Lists ‘Red Flag Indicators’ of Fraud in NFT Marketplaces

An international tax consortium has issued a list of “red flag indicators” of fraud in non-fungible token (NFT) marketplaces to help banks, law enforcement and private industry crack down on criminal activity. The guidance is the first of its kind from the Joint Chiefs of Global Tax Enforcement, also known

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14 Apr 2022

Critical security flaw discovered in NFT marketplace Rarible

Researchers have identified a security flaw in NFT marketplace Rarible that could have led to the theft of crypto wallets. If exploited, the vulnerability would have enabled a threat actor to steal a user’s NFTs and cryptocurrency wallets in a single transaction. Researchers at CheckPoint said that a successful attack would

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