OpenSea Warns of Phishing Attacks Due to Data Breach

A third-party vendor’s employee misused their access to OpenSea’s customer data, the head of security said

article-image

Blockworks Exclusive Art by Axel Rangel

share

key takeaways

  • A Customer.io employee shared email addresses with an unauthorized external party
  • OpenSea warned users of fraudsters trying to impersonate the platform by using fake domain names

Collectibles platform OpenSea has alerted customers to a data breach after staff found email addresses were shared with an external party.

Head of Security Cory Hardman said in a blog post on Wednesday that an employee of Customer.io, OpenSea’s email delivery vendor, abused their access by downloading and externally sharing customer data. 

“If you have shared your email with OpenSea in the past, you should assume you were impacted,” he wrote. “We are working with Customer.io in their ongoing investigation, and we have reported this incident to law enforcement.”

The company further warned customers might face phishing attacks — attempts by cybercriminals posing as credible institutions with an aim to obtain sensitive information — by using a domain name similar to the official “opensea.io,” such as “opensea.org” or “opensae.io.”

Screenshots posted to Twitter show OpenSea notified customers about the data breach via email. Some users demanded compensation.

Loading Tweet..

Customer.io told Blockworks that the employee in question has been suspended and had access removed, pending an internal investigation. “We are working closely with OpenSea and are reviewing exactly how these email addresses were compromised,” a spokesperson for the vendor company said.

A similar incident occurred in March, when hackers breached third-party marketing vendor HubSpot to target large crypto stakeholders. NYDIG, Pantera Capital, BlockFi, Circle and Swan Bitcoin were among the affected companies.

OpenSea found itself in a sea of trouble thanks to another incident prior the data breach. The Department of Justice earlier this month charged its former head of product, Nathaniel Chastain, with insider trading in connection to non-fungible tokens (NFTs). He was charged with one count of wire fraud and another count of money laundering.

Chastain resigned from his position at OpenSea in September after he was suspected of profiting from inside information and purchasing NFTs before they were posted publicly.

OpenSea remains the leading marketplace by volume by a wide margin, with over six times the sales of the second-largest NFT marketplace over the past 30 days, according to data from DappRadar.


Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the On the Margin newsletter.

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.

Tags

Upcoming Events

Salt Lake City, UT

MON - TUES, OCT. 7 - 8, 2024

Blockworks and Bankless in collaboration with buidlbox are excited to announce the second installment of the Permissionless Hackathon – taking place October 7-8 in Salt Lake City, Utah. We’ve partnered with buidlbox to bring together the brightest minds in crypto for […]

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Permissionless is a conference for founders, application developers, and users. Come meet the next generation of people building and using crypto.

recent research

Research Report Templates (1).png

Research

Solana Mobile is a highly ambitious foray into the mobile consumer hardware market, seeking to open up a crypto-native distribution channel for mobile-first applications. The market for Solana Mobile devices has demonstrated a phenomenon whereby external market actors (e.g. Solana-native projects) continuously underwrite subsidies to Mobile consumers. The value of these subsidies, coming in the form of airdrops, trial programs, and exclusive NFT mints, have consistently covered the cost of the phone and generated positive returns for consumers. Given this trend in subsidies, the unit economics in the market for Mobile devices, and the initial growth rate and trajectory of sales, it should be expected that Solana mobile can clear 1M to 10M units over the coming years. As more devices circulate amongst users, Solana Mobile presents a promising venue for the emergence of killer-applications uniquely enabled by this mobile-first, crypto-native distribution channel.

article-image

Analysts are looking ahead to August, a historically volatile month made more interesting this year by the US presidential election

article-image

Plus, a look into Lighting Labs’ newest feature

article-image

Crypto’s Wild West era is over — it’s time to embrace regulation to secure the future of digital assets

article-image

Plus, Solana has now surpassed Ethereum in trailing 30-day decentralized exchange volume

article-image

Polymarket betters say Kamala Harris has better odds than Biden of winning against Trump