Cryptocurrencies
OpenSea NFT Heist Likely Triggers Drop in Activity
- Marketplace transactions have slumped in recent days
- CTO cites lack of user awareness of crypto security hygiene
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Activity on OpenSea, the world’s largest marketplace for digital collectibles, likely dropped precipitously after a phishing attack that saw traders lose as much as an estimated $3 million.
Trading in nonfungible tokens plummeted in recent days, according to data provider DappRadar. OpenSea’s seven-day trading volume was down 37% as of Tuesday, DappRadar found.