Cyber Security Firm Discovers Critical Flaw in NFT Marketplace Check Point, an American-Israeli multinational providing hardware and software products for IT security has identified a security vulnerability in Rarible, a popular NFT marketplace with over 2 million users monthly.
Security flaw in Rarible
Rampant Attacks on NFT Markets
The development comes a little over a month after Arbitrum-based NFT marketplace — TreasureDAO — witnessed hundreds of NFTs being stolen in an exploit in a series of transactions. They exploited a security flaw in the protocol to create non-fungible tokens free of charge. OpenSea’s front-end was also exploited at the beginning of the year, which targeted Bored Ape Yacht Club (BAYC) holders. The perpetrator was able to steal approximately $750K of ETH, as reported earlier.