Targeting Thieves, OpenSea Puts Three-Hour Hold on Some NFT Sales | CoinMarketCap

France Nouvelles Nouvelles

Targeting Thieves, OpenSea Puts Three-Hour Hold on Some NFT Sales | CoinMarketCap
France Dernières Nouvelles,France Actualités
  • 📰 CoinMarketCap
  • ⏱ Reading Time:
  • 69 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 63%

cryptonews: OpenSea isn't really going after mistakes but thieves. 👀

, explaining that he'd accidentally listed a very rare Ether Rock for WEI instead of ETH, selling a $1 million-plus NFT for $0.0012."In one click my entire net worth of ~$1 million dollars, gone," he wrote.

Which is something that could have been prevented with a new feature top NFT marketplace OpenSea has announced: the three-hour hold."To mitigate theft-related risk, sellers will be prevented from accepting offers on certain items for 3 hours after some transfers and sales," OpenSea tweeted on Feb. 6. It said:

"Why 3 hours? Speedy transfers and resales through offer acceptances can indicate suspicious activity. This timeframe helps OpenSea, our community, and theft victims detect stolen items while also lessening the chance that buyers end up with an item that's later reported stolen."NFT theft is a big and growing problem, with blockchain intelligence firm Elliptic revealing last August that more thanhad been stolen in the 12 months prior. Almost one quarter of that was in May alone.

"Although crime represents a small proportion of overall NFT trading, it has a disproportionate impact on the industry's reputation and undermines the quality of experience of legitimate users. NFT marketplaces must be proactive in risk management to mitigate these repetitional risks and issues." One of the highest-profile NFT thefts to date was of Bored Ape Yacht Club #8398 from comedian and actor Seth Green, who was planning to use it as a character in a TV show he was producing.0 people liked this article

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

CoinMarketCap /  🏆 290. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Robber wearing a Canada Goose jacket takes purses and cash, police sayRobber wearing a Canada Goose jacket takes purses and cash, police saySuch jackets are often the target of thieves.
Lire la suite »

Thieves posing as construction workers burglarize North Side apartmentThieves posing as construction workers burglarize North Side apartmentThree suspects posing as construction workers burglarized an apartment Sunday afternoon on Chicago's North Side.
Lire la suite »

How Honor Among Thieves Is Adapting Dungeons & Dragons LoreHow Honor Among Thieves Is Adapting Dungeons & Dragons LoreDungeons & Dragons: Honor Among Thieves is bringing in lore from the past 50 years. 'The monsters, the creatures, the magic, the locations, all of that you will see portrayed, but we’re not trying to bog you down if you don’t know anything about DnD.'
Lire la suite »

Chicago crime: Thieves wanted for stealing packages from delivery trucksChicago crime: Thieves wanted for stealing packages from delivery trucksPolice are searching for thieves who are stealing packages from delivery trucks on Chicago's South Side.
Lire la suite »

Retailers try to curb theft while not angering shoppersRetailers try to curb theft while not angering shoppersAcross the retail landscape, businesses have been putting items under lock and key as a quick way to stop thieves.
Lire la suite »

Catalytic converter thieves have decimated San Francisco city vehiclesCatalytic converter thieves have decimated San Francisco city vehiclesOn a chilly January morning, “Arthur,” one of San Francisco’s many departmental investigators, turned the key in his city-issued Prius. He was greeted not
Lire la suite »



Render Time: 2025-03-04 13:44:59