OpenSea has managed to become the world’s largest NFT trading platform, and although it has a lot to criticize, it manages to maintain its lead in volume.
OpenSeaIt is stated that . has experienced security vulnerabilities in the past and some of the vulnerabilities were transferred to OpenSea by people called “white hat hackers”.
Big Open in OpenSea
This time the situation is a little different. A deficit of millions of dollars before OpenSeaNotifying . and receiving a reward offer of only 10 ETH in return, Mr. Although Ø accepted this, he stated that the offer was too low. Now, stating that he has found a new and “big” problem, the name complains about OpenSea’s attitude.
Anonymous user, one of the managers of the Quantum.Tech security company, before OpenSea in return for reporting this vulnerability. 10,000 dollars, if later $25,000 got an offer. OpenSea stated that this offer will only be made in exchange for KYC, that is, sharing identity information.
Opensea has reassessed our previous case and has offered an additional $25k IF WE KYC.
They have also offered a similar reward for yesterday’s vulnerability, after they’ve gauged the severity.
As of now, we respectfully decline and wish them the best of luck finding the bug.
— Mr. Ø (@mr0chill) March 30, 2022
Responding to the first post shared by the user on Twitter, OpenSea stated that they offered the reward program to him, but did not receive a response.
The user, on the other hand, stated that they received an immediate response with screen shots, but the reward was lower than expected. It is also stated that other people and anonymous accounts have reached the user to tell the user about the vulnerability. Some users have heard that OpenSea’s offering 100 times It is also stated that he offers
I’ve had DMs from people who want to “buy” this exploit, offering close to 100x of what Opensea does.
This illustrates a market for vulnerabilities that would be very difficult for someone more money motivated than myself to not fall into.
Be safe out there anon.
— Mr. Ø (@mr0chill) March 29, 2022
OpenSea, on the other hand, is currently being bullied on Twitter for its little effort at such a risk.