OpenSea email over inactive NFT listings sparks Twitter debate

2 years ago

Some OpenSea users who heeded OpenSea’s telephone to telephone their inactive listings ended up losing their NFTs and their money.

OpenSea email implicit    inactive NFT listings sparks Twitter debate

Twitter users reacted negatively to an OpenSea email sent to users who inactive had inactive listings connected their accounts. In the email, OpenSea explained that aged NFTs listings are inactive fulfillable, and should beryllium canceled by the idiosyncratic due to the fact that OpenSea is incapable to cancel them connected their behalf. They claimed this would “prevent immoderate of your items from being sold astatine the inactive listing price,” owed to Ethereum’s (ETH) dropping price.

According to the NFT collector @dingalingts and different users, this informing had the other effect and canceling the listing ended up recreating the order. @Dingalingts tweeted a thread urging users to “FIRST transportation your NFT to a antithetic code and cancel the listing/s connected the archetypal code BEFORE” canceling them.

1/ WARNING: DO NOT CANCEL YOUR OS LISTINGS AS STATED IN THE EMAIL THAT OPENSEA JUST SENT OUT

Please FIRST transportation your NFT to a antithetic code and cancel the listing/s connected the archetypal code BEFORE sending it back

OS conscionable enactment everyone astatine adjacent much hazard than before

— dingaling (@dingalingts) January 27, 2022

He cites different idiosyncratic @swolfchan.eth who claimed that helium mislaid astatine slightest 15 ETH. After canceling a Mutant Ape Yacht Club listing, it was relisted for 6 ETH but idiosyncratic waiting successful the ETH mempool ended up selling the NFT successful the aforesaid artifact by front-running the cancellation.

So one got 2 emails contiguous from @opensea astir listings, and mislaid 15 ETH+ from precisely what their trying to prevent...

I was told to delight enactment urgently to cancel immoderate inactive listings... cancelled a 15 ETH MAYC @BoredApeYC and it triggered a 6 ETH listing... and sold?? pic.twitter.com/1wt21mt9mz

— swolfchan.eth (@swolfchan) January 27, 2022

While immoderate users similar @roundcatcrypto commented to @swolfchan.eth “This one's connected you man. Don't play with institution due to the fact that you were trying to prevention a mates bucks,” others rallied successful enactment of him and @dingalingts.

Alex Attalah, co-founder of OpenSea, responded to @swolfchan.eth’s thread, tweeting that they “have a squad moving connected it and putting up a countermeasure now.” @swolfchan.eth followed up and asked if helium could expect a reimbursement, but received nary response.

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