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Home»NFT»Optimism-based NFT Marketplace Quixotic Suffers Exploit
NFT

Optimism-based NFT Marketplace Quixotic Suffers Exploit

2022-07-01Updated:2022-07-04No Comments2 Mins Read
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cryptoknowmics.com

01 July 2022 11:09, UTC

Studying time: ~2 m


Quixotic, the most important NFT market on Optimism community shared {that a} current replace to its contract was exploited. This enabled the hacker to steal accredited ERC-20 tokens. Whereas the NFTs seem like protected on the platform and never affected by the exploit, Quixotic has paused all {the marketplace} actions associated to the platform with the exploited contract completely paused. Moreover, the platform has vowed to refund all of the stolen ERC-20 tokens and guaranteed that customers will mechanically obtain their refunds over the approaching days. https://twitter.com/quixotic_io/standing/1542790067130978307 Moreover being the most important NFT market on Optimism, Quixotic can be a layer 2 scaling resolution for Ethereum. With a mean transaction payment of simply 0.0005 ETH ($1.50), the platform has already saved customers an estimated $2 million in fuel charges to this point, in keeping with information from DappRadar.

XCarnival Just lately Suffered Related Assault

Earlier this week, XCarnival, an Ethereum liquidity supplier and an NFT lending pool, misplaced roughly $4 million after a hacker exploited a flaw in its sensible contract performance. The corporate selected suspending the sensible contract altogether and supplied a bounty of 1,500 ETH tokens to the hacker for returning the stolen funds. The platform additionally assured that they might not pursue any authorized motion in opposition to the hacker. Apparently, the hacker really accepted the bounty and guaranteed that the funds will probably be returned safely, given the XCarnival CEO signed an official assertion stating the identical.




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See also  The Obstacles To Developing NFT Marketplaces
Exploit marketplace NFT Optimismbased Quixotic Suffers
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