Opensea.io, the largest digital marketplace for crypto collectibles and non-fungible tokens (NFTs) is investigating a phishing attack that led to a theft of NFTs worth US$1.7 million.
On Feb 19, users of the platform claimed that the malicious attackers have stolen hundreds of their NFTs, including tokens from Bored Ape Yacht Club and Azuki. OpenSea CEO David Finzer confirmed the incident, adding that the investigation is ongoing and clarified that the attack did not originate on OpenSea.
A tweet from OpenSea CEO David Finzer
Cardano (ADA) is poised to jump 168% by the end of 2022, according to Australian personal finance firm Finder’s panel of fintech specialists. The specialists, who range from crypto investments firm CEOs to academics, are expecting ADA to hit US$8.18 in 2025 and US$58.04 by 2030.
As at Feb 21, ADA is trading at 96 US cents apiece. The coin’s all-time high was recorded on Sept 2, 2021 at US$3.09 apiece, according to crypto data firm CoinGecko.
See also: Digital Assets Association launches to connect tradfi and tokenised real world assets
ADA 1-year performance, credit: CoinGecko
In its newly released “The Future of Cryptocurrencies” report, Deutsche Bank found that less than half of crypto traders and investors surveyed would reduce investments or leave the market entirely, even if prices fell 80%.
See also: Ex-Grab executive joins Winklevoss twins crypto firm Gemini as head of APAC
Through an online survey of more than 3,000 respondents in the US, the bank also found that while most investors got into the space to primarily make money, 34% said their main motivation was curiosity or exploration.
Cover photo: OpenSea
