A User Just Lost $240,000 in NFTs on the Blur Marketplace

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An unfortunate user has been drained of their non-fungible tokens, worth hundreds of thousands of dollars, in a sophisticated phishing scam on the Blur marketplace.

The loss, reported by 0xQuit on X, formerly Twitter, involved six Bored Ape Yacht Club NFTs, 40 Beanz, and three Elementals, all listed at one wei each — effectively zero. 

Based on current floor prices for each asset, the total sum amounts to roughly $239,676. Wei is the smallest unit of ether on the Ethereum blockchain.

The scam was orchestrated by an unknown entity, who exploited a loophole in Blur’s listing system to enable private sales, 0xQuit, a Solidity developer and auditor, said in a separate post.

Despite Blur’s standard policy of not supporting private listings, the scammer managed to manipulate the royalty settings of the NFTs, bypassing the public accessibility requirement.

Typically, if a scammer tricks someone into listing an NFT for nearly nothing,…

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