Did a hacker steal NFTS from OpenSea?

A hacker has stolen hundreds of NFTs from dozens of people on the popular trading platform OpenSea, the company's chief executive has confirmed. The thefts have prompted a scare in the cryptocurrency community, where many people are attempting to realise enormous gains by investing in largely unregulated assets.

Can NFTS be stolen?

Your NFT cannot be stolen but can be manipulated. One month ago, hackers exploited an Opensea bug and stole over $1 million in NFTs by purchasing NFTs at well below market value. This could happen when hackers exploit a bug in the marketplace. It is important that you understand how to protect your NFTs. How to Protect your NFT?

What is the most valuable NFT in the world?

In fact, digital artist Beeple, who just sold the most valuable NFT to date for $69 million, is the third most valuable living artist. But as the value of NFTs has soared, so has theft. While some users have swiped tweets to sell them as NFTs, hackers are now outright stealing previously purchased NFTs directly from buyers.

How to protect NFTS from cyber attacks?

Investing Cube has provided some suggestions for protecting NFTs from cyber attacks. They suggested that traders should store their NFTs in non-storage (or hot-storage) crypto wallets. It is protected by a 12-24 word seed phrase. Traders can also use refrigeration for protection instead.