NFT Scammers Luring Buyers With ‘Gasless Sales’ on OpenSea
- The OpenSea NFT marketplace is frequently the target of con artists.
- Additionally, OpenSea has updated its safety regulations.
- Nothing is known at this time about the stolen 'Apes' NFTs.
The largest NFT marketplace, OpenSea, is frequently threatened by infamous online criminals. Visitors to OpenSea are being threatened by a new fraud that advertises 'gasless sales' on the platform and finally links the victims to phishing websites. NFTs, which are digital collectibles with monetary value and the potential to be employed in metaverses, are constructed using blockchain technology.
The NFT industry has reportedly been invaded by Web3 scammers looking to make large sums of money from a single heist. The anti-theft platform Harpie alerted the group of OpenSea users searching for NFTs, as well as buyers and sellers, about this ongoing scam. With the use of a function provided by OpenSea, NFT merchants can conduct gasless sales, saving their customers from having to pay the platform costs.
Hackers are apparently fooling users into signing an unintelligible message as part of an ongoing scam. Gasless NFTs are probably going to draw in some first-time buyers. With these unreadable signatures necessary for validating gasless transactions, users can even create up private auctions with custom pricing. 'In order to enter their website, phishing websites will request that users sign a harmless-looking 'login signature.'
However, this login signature really asks you to sell your NFT for 0 ETH to the hacker's address, according to a tweet from Harpie. Additionally, the platform stated that several 'Apes' NFTs, possibly from the Bored Apes Yacht Club collection, had just been taken from OpenSea.
The precise quantity of NFTs taken or impacted users is still unknown. Harpie's issues have not yet been resolved by OpenSea. But this is not the first time that OpenSea has encountered a hacking threat.
A phishing attempt cost at least 32 OpenSea users $1.7 million (approximately Rs. 12.5 crore) in lost holdings in February. At the time, the business asserted that the attack originated from outside the website, where attackers seduced customers into signing harmful contracts.