OpenSea Bug Burns 40+ NFTs Over Protocol Issues
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8 September
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OpenSea, a marketplace of non-fungible tokens (NFTs), seems to have destroyed over 40 NFTs as an internal bug redirected all tokens based on ERC-721 and ERC-1155 protocols to the wrong address, the lead developer of the Ethereum Name Service (ENS), Nick Johnson, wrote on Twitter.

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Johnson explained that he tried to transfer his NFT-based domain rilxxlir.eth from ENS to OpenSea in order to auction the domain on the marketplace. But when he transferred the token he found that the NFT was sent to a wrong address, which de facto burned the domain. While Johnson still has ownership over the domain, he cannot move the token itself on the blockchain network.

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He also said that the OpenSea team has already fixed the bug, however, at least 21 accounts with a total sum of 42 NFTs have also been trapped into the same technical issue. The sum of losses has reached up to the $100,000 mark in terms of ETH.

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