It seems that a bug on the well-known OpenSea marketplace has deleted the NFTs of some users, with a total value of 28.44 Ether (ETH): nearly $ 100,000 at the time of writing.
The incident was disclosed by Nick Johnson, lead developer of Ethereum Name Service (ENS), who lost an NFT called rilxxlir.eth. ENS is a service that allows users to store textual content in the form of an NFT on the Ethereum blockchain.
While transferring the NFT from an ENS to a personal account, Johnson he realized that the token was actually sent to what appeared to be a burn account:
“I went to OpenSea, clicked ‘Transfer’ and entered ‘nick.eth’. Moments later, transaction completed! Rilxxlir.eth successfully transferred to 0x0000 … 0000edd899b. Wait, what?”
According to Johnson, this interaction demonstrated that there was a bug on OpenSea that was automatically sending all ERC721 tokens to a burn address instead of an ENS address.
OpenSea ha promptly solved the problem:
“We reached out to the small number of users who encountered this problem yesterday, where sending an NFT to an ENS name actually transferred it to an encoded version of the literal text (for example, ‘OS.eth’) instead of at its associated address. This bug was introduced and fixed on the same day. “
Johnson he identified at least 30 transactions, made by 21 different accounts, where the NFT was lost due to this bug. All in all, 42 NFTs were destroyed. Johnson has explained that the ENS token he destroyed had no monetary value, but was considered the first ENS name ever registered.
Related: OpenSea, with a staff of 37, manages 98% of the total volume of NFTs
OpenSea is became a crypto-unicorn in August of this year, after raising $ 100 million in a funding round led by Andreessen Horowitz. At the time, the popular marketplace was run by just 37 people, despite processing 98% of NFT volumes.
To speed up the process of hiring new staff, the company will offer 1 ETH “to anyone who can get in touch with the engineers and designers we will hire“:
“We are trying to add some ‘guerrilla recruiting’ to our normal hiring process, because we urgently need new staff.”
OpenSea is currently the largest consumer of gas fees on the Ethereum network.
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