The Ethereum network is definitely leading the NFT industry right now, and NFTs developed based on the Ethereum network make up the bulk of the industry’s trading volume.
As such, OpenSea, the most popular NFT trading platform of the Ethereum network, also attracts serious attention. in OpenSea A security vulnerability is exactly why it actually poses a great threat to users.
Big Open in OpenSea
research company Checkpoint Research (CPR) According to the information published by the application, there was a huge security vulnerability in the codes of the application.
Stating that malicious people can abuse a security vulnerability on the platform, the researchers underlined that this may even result in hacking the wallets of the people using the platform in question.
In a statement on the subject, OpenSea emphasized that they could not find any examples where this vulnerability resulted in the hacking of any user’s wallet. Despite this, OpenSea did not completely deny the issue and actually accepted that there was such a gap.
OpenSea emphasized that this vulnerability existed in earlier dates and that the vulnerability was checked on September 26.
However, the fact that the situation was not reported by OpenSea and seen in a security company report raises concerns that other vulnerabilities may have occurred.
The NFT industry is definitely growing, and cryptocurrency exchanges like Coinbase have also started to set up their own NFT platforms. This may reduce the volume of decentralized platforms such as OpenSea.