Opensea freezes bored apes

While the NFT community was generally unsupportive of the trader, OpenSea halted trading on the stolen items.

Some traders criticize the absence of decentralization, one of the most prized elements of the crypto business, due to the freeze on purchasing and selling NFTs. “Who was able to freeze then?” said kw.sol on Twitter.

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A hot wallet is a cryptocurrency software wallet that is always connected to the internet, most frequently MetaMask regardless of whether the device it is installed on is connected to the internet. Kramer claimed that a phishing scheme acquired access to his hot wallet after he clicked on a malicious link and lost his collection as a result.


I been hacked, all my apes gone,” he Tweeted.

A hot wallet is a type of cryptocurrency software wallet that is connected to the internet — most commonly MetaMask — whenever the device it is installed on is connected.

NFTs are cryptographically unique digital tokens that prove ownership of physical or digital content such as art, GIFs or music file. Bored Ape Yacht Club is one of the most popular PFP (profile picture) collections, a series of cartoon ape images with randomly-generated attributes.

Some people have argued that appealing to a third party to freeze NFTs went against the core idea of decentralization, one of the cherished aspects of the crypto industry.

Among many others voicing out their criticism towards the lack of decentralization, famed software engineer Grady Booch chimed saying, “silly me.

Art gallery owner Todd Kramer had his valuable NFT collection stolen from his hot wallet yesterday, so OpenSea froze the stolen assets worth about $2.2 million.

NFT marketplace OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) after they were reportedly stolen yesterday from a New York art gallery operator.

In total, one Clonex, seven Mutant Ape Yacht Club, and eight Bored Ape Yacht Club NFTs currently valued at about 615 ETH ($2.28 million) were stolen and are now not able to be traded on OpenSea.

The toddkramer.eth account, which links to the Ross+Kramer Art Gallery in New York, fired off a series of tweets detailing the 16 NFTs that were stolen from his hot wallet and pleading with OpenSea and the NFT community for help.

Opensea freezes bored apeshit

One Twitter commenter kw.sol said, “Who was able to freeze the n? Feels pretty anti crypto to be asking third parties to do this and ideally they shouldn’t be able to.”

Famed software engineer Grady Booch chimed in about the lack of decentralization in this case when he commented:


Silly me. And here I thought that the code is the law and that one of the very ideas of cryptocurrencies was the elimination of any possibility of centralized intervention.

A hot wallet is a type of cryptocurrency software wallet that is connected to the internet — most commonly MetaMask — whenever the device it is installed on is connected.

Kramer tweeted that he lost his collection through a phishing scam that gained access to his hot wallet after he clicked on a malicious link. He deleted the tweet following the harsh vitriol in the comments.
Kramer most recently tweeted on Dec.

Thus, a cold wallet or a hard wallet gets connected to the Internet only when its device is manually plugged into the system. The transactions require approval through the physical touch of the buttons. Hard wallets are considered to be better than hot wallets in safeguarding digital assets.

The team of experts at OpenSea took immediate control of the situation and froze the stolen tokens to restrict their trading on the trading platform.

The steps taken by OpenSea to freeze the stolen assets have disappointed a few users. Some investors commented that this shows the lack of decentralization on the platform that is an unprecedented feature of cryptocurrencies.

He said on Twitter yesterday that he had learned a lesson about opsec holding cryptocurrency.”I learned. Use a leather bag …”

A wallet, also known as a wallet, is a crypto wallet that connects to the internet after connecting it to your computer, any changes must be allowed using the button body. Leather wallets can ensure the security of encrypted devices better than gold wallets.

Kramer’s experience is not unique to NFT traders, especially those familiar with the Bored Ape Yacht Club series.

On December 26, NFT author bergpay.eth reported that he suffered like Kramer, with 5 Jungle Freaks and 2 NFT Sandboxes from his Ethereum wallet stolen and his ENS name changed to a new address.

Following an apparent phishing attack, OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) owned by New York-based art curator and NFT collector Todd Kramer a.k.a. Toddkramer.eth.

Kramer reported on Twitter that his collection of Bored Ape Yacht Club NFTs worth $1.9 million was “hacked” and stolen.

According to several reports, one Clonex, seven Mutant Ape Yacht Club, and eight Bored Ape Yacht Club NFTs currently valued at about 615 ETH ($2.28 million) were stolen and are now not able to be traded on OpenSea.

Kramer announced on Twitter that he had clicked on a link that appeared to be an NFT decentralized application, but it turned out to be a phishing attack and 16 of his NFTs were stolen after the hackers gained access to his hot wallet.

While the NFT people group was for the most part unsupportive of the broker, OpenSea stopped exchanging on the taken things.

A few dealers condemn the shortfall of decentralization, perhaps the most valued element of the crypto business, because of the stop on buying and selling NFTs. “Who had the option to freeze then, at that point?” said kw.sol on Twitter (NYSE:TWTR).

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A hot wallet is a digital money programming wallet that is constantly associated with the web, most often MetaMask whether or not the gadget it is introduced on is associated with the web. Kramer asserted that a phishing plan gained admittance to his hot wallet later he tapped on a noxious connection and lost his assortment therefore.

OpenSea, a nonfungible tokens (NFT) marketplace, has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) after allegedly being taken from a New York art gallery operator yesterday. One Clonex, seven Mutant Ape Yacht Club, and eight Bored Ape Yacht Club NFTs were taken in total, with a total value of 615 ETH ($2.28 million). In addition, they are no longer available for trading on OpenSea.

The toddkramer.eth account, linked to the Ross+Kramer Art Gallery in New York, sent out a series of tweets revealing the 16 NFTs stolen from his hot wallet and begging for assistance from OpenSea and the NFT community.

OpenSea, a nonfungible tokens (NFT) commercial center, has Bored Ape and Mutant Ape nonfungible tokens (NFT) later supposedly being taken from a New York workmanship display administrator yesterday. One Clonex, seven Freak Primate Yacht Club, and eight Exhausted Chimp Yacht Club NFTs were taken altogether, with a complete worth of 615 ETH ($2.28 million). Also, they are at this point not accessible for exchanging on OpenSea.

The toddkramer.eth account, connected to the Ross+Kramer Craftsmanship Exhibition in New York, conveyed a progression of tweets uncovering the 16 NFTs taken from his hot wallet and asking for help from OpenSea and the NFT people group.

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