OpenSea disables features temporarily as contract migration completes

2 years ago

Bids and purchases are made unavailable to guarantee that listings are protected until the migration completes.

OpenSea disables features temporarily arsenic  declaration  migration completes

The week-long play that OpenSea gave users to migrate their nonfungible token (NFT) listings ends today. Following the deadline, the level announced that immoderate features connected the tract whitethorn not beryllium disposable temporarily owed to the migration.

On Feb. 19, OpenSea pushed a caller astute declaration and urged users to commencement the migration of their NFT listings from the aged declaration to the caller one. The NFT marketplace mentions that the upgrade brings caller features specified arsenic bulk listings and much descriptive signatures portion ensuring that each inactive listings expire.

However, hours aft the announcement, the level reported phishing attacks starring to immoderate users losing their NFTs. After this, the OpenSea squad launched an probe to find retired what happened. Devin Finzer, OpenSea’s co-founder, urged users who are affected to interaction their enactment team.

NFT level Mintable made a pledge to instrumentality NFTs that were stolen successful the caller OpenSea phishing exploit. The squad noticed that immoderate of the NFTs mislaid were listed connected different marketplace called LooksRare. They decided to acquisition the NFTs and instrumentality them to their archetypal owners according to Mintable laminitis Zack Burks.

On Friday, the declaration migration ends, and the level informed users that progressive listings wrong the website whitethorn beryllium invisible and that level prices whitethorn vary. However, the level says that this is lone temporary. To support listings, OpenSea temporarily disabled bids and purchases until the migration completes.

3) To support your listings, nary bids oregon purchases tin beryllium made connected your migrated items until the migration completes. At this point, your listings volition reappear successful your Active Listings tab.

— OpenSea (@opensea) February 25, 2022

Related: Nifty News: Collector spends $488K minting Tubby Cats, NFT vending machine

Meanwhile, the blockchain assemblage has been vigilant with respect to NFTs. An alleged NFT scam believed to people $20 cardinal worthy of integer assets was stopped by Youtuber Coffeezilla and assemblage members. An anonymous idiosyncratic published a elaborate study bringing to airy the existing claims against the squad members moving the alleged NFT scam.

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