• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

OpenSea Data Breach: Exploring the Timeline and User Precautions

user avatar

by Giorgi Kostiuk

10 months ago


In June 2022, OpenSea faced an email breach that led to phishing attacks. Recent disclosure of over 7 million addresses has amplified risks for affected users.

Timeline of the Incident

OpenSea was thriving in June 2022, attracting over 120 million monthly visitors. An employee of Customer.io used their access to share OpenSea user email addresses with a third party, affecting users and notable crypto figures such as Binance CEO Changpeng Zhao.

Data Becomes Public

According to cybersecurity expert 23pds, a million email addresses are now publicly accessible, including those of industry leaders and traders, heightening phishing attack risks. Phishing scams pose major threats, with attackers using the compromised data to send fraudulent emails.

Recommendations for Users

SlowMist's expert advises affected users to take immediate precautions: create strong, unique passwords and use a password manager for secure storage. Two-factor authentication (2FA) via authenticator apps is highly recommended. OpenSea also reminded users to be wary of emails from unofficial domains.

The OpenSea incident highlights the need for enhanced security in the crypto industry and vulnerabilities linked to third-party services. Platforms should thoroughly review processes to safeguard user data.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

The Dichotomy of Small-Dollar Lending in the U.S.

chest

The consumer financial landscape in the U.S. is divided between the prime credit market and the subprime market, where payday loans serve around 12 million borrowers annually, often leading to a debt trap.

user avatarMiguel Rodriguez

The Role of Extended Payment Plans in Managing Payday Loan Debt

chest

Extended Payment Plans (EPPs) provide a solution for payday loan borrowers to manage debt through longer repayment terms without extra fees, yet their usage is low due to borrower unawareness and lender disincentives.

user avatarArif Mukhtar

Understanding the Debt Trap in Payday Lending

chest

The payday loan model often leads to a cycle of dependency, where borrowers find themselves trapped in a cycle of rollovers and high fees.

user avatarLuis Flores

The Economic Impact of Payday Lending

chest

The payday loan industry has a staggering economic impact, with over 20 million loans initiated in 2022, resulting in a total transaction volume of nearly $86 billion.

user avatarMaria Gutierrez

Coinbase Plans to Introduce US Perpetual Futures for SHIB

chest

Coinbase is planning to introduce US perpetual futures for Shiba Inu (SHIB), which may enhance liquidity and attract institutional interest.

user avatarSatoshi Nakamura

GHOST Positioned for Growth Compared to Zcash and Dash

chest

A comparative analysis of GHOST against established players like Zcash and Dash highlights the potential for growth in GHOST.

user avatarEmily Carter

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.