OpenSea’s this policy will not stop hackers but will only hurt users - Aliens: AI Crypto News & Markets Updates
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OpenSea’s this policy will not stop hackers but will only hurt users

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AMB Crypto

Sun, Jan 16, 2022

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During a clip from the Bankless podcast, co-hosts Ryan Sean Adams and David Hoffman discussed an incident where OpenSea was alerted to a stolen NFT and allegedly froze it after it had been sold to another user.

The hosts criticized the move and Hoffman noted , “The guy who had his NFT stolen takes the L.

According to its website , “When OpenSea receives a credible report or learns that an item is stolen, we lock the item so it cannot be bought, sold, or transferred using OpenSea.” But again, users might feel this punishes buyers who didn’t know the item was stolen.

The NFT marketplace LooksRare caught eyes in the sector after reportedly surpassing OpenSea in daily volume , just days after launching.

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