• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Bitcoin Price Makes History By Crossing $126,000: Options Market Forecasts Next Price Targets
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Bitcoin Price Makes History By Crossing $126,000: Options Market Forecasts Next Price Targets
ZenGo launches NFT hack detector

Crypto Wallet ZenGo Security Team Launches Dashboard To Detect Potential Opensea NFT Hacking

Samuel Edyme
by Samuel Edyme
2 years ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

As the NFT market has continued to increase adoption, bad actors have also grown to prey on the developing market. Earlier today, the Crypto wallet ZenGo security team released a dashboard aimed at helping investors detect, track and monitor potential non-fungible token (NFT) hacks using offline signatures on the OpenSea NFT marketplace.  

Offline signatures are an offline system that allows authorizing transactions with private keys kept offline. The dashboard by the ZenGo security team is built using a simple method that involves comparing data. 

ZenGo Security Team Releases Dashboard To Detect NFT Hacks

According to the wallet’s security team, the main idea behind creating the NFT hack detector dashboard is pretty simple: it compares the listing amount of an NFT to the trade amount of the NFT collection floor price. 

“If a valuable NFT was traded through OpenSea for a very low amount compared to its estimated value, then it’s highly likely to be a scam,” the team noted in a published blog post on February 22. 

Related Reading: NFT Collector Who Fell To A Phishing Scam Takes OpenSea To Court

So far, the dashboard has flagged up to $25 million worth of NFTs hacked via offline signatures as potential hacks. The dashboard leverages data from the crypto data analytics platform, Dune, to initiate the comparable detection logic. 

Aside from being an NFT hack detector, the dashboard provides searchable and sortable charts that include an online updating table of a particular hack with many details and relevant links to Etherscan as well as top attackers, victims, and hacked NFT collections. The ZenGo team noted. 

We believe this data, conveniently made available as a public dashboard with multiple charts and graphs, can serve as a highly valuable resource for other security researchers, NFT communities (that can filter the data to include only their NFT collections), and wallet users. 

ZenGo To Launch EIP Product

Furthermore, the ZenGo team also mentioned a collaboration with the Ethereum Foundation, several decentralized applications (dApps), and other wallets to support its drafted Ethereum Improvement Proposal (EIP) aimed at solving potential hacking issues. 

Notably, the surging interest in NFT began in 2021 amid the crypto bull run. Fast forward to a year later, and that interest turned into skepticism after a phishing attack that cost Opensea users $1.7 million worth of their NFTs was initiated. 

Related Reading: OpenSea Delisting Bug Impacts Another Major NFT Collection

The attack initially took place while OpenSea was in the process of updating its contract system. However, the NFT marketplace denied the attack originated from its new contracts, making most attack details unclear. 

Meanwhile, the NFT market has plummeted in trading volume over the past year. In contrast, the global crypto market has declined over the past year, falling from its peak of above $2 trillion to below $900 billion as of last year. 

 

Total cryptocurrency market cap price chart on TradingView
The total cryptocurrency market cap price is moving sideways on the 1-day chart. Source: Crypto TOTAL Market Cap on TradingView.com

However, over the past month, the crypto market rebounded, surpassing the $1 trillion mark earlier this year for the first time in several months. As of this writing, the global crypto market is recording small losses, down by 2.7%, as Bitcoin and Ethereum slip below $24,000 and $1,700, respectively.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Samuel Edyme

Samuel Edyme

Follow

Edyme is a writer, a content writer that specialises in writing about the crypto realm. Asides Bitcoinist and NewsBTC, Edyme's writing has been featured in top sites such as Blockchain.News, CoinMonk, Blockchain Reporter, Bitcoin Insider among others.

Full Profile

Related Posts

Zcash news

Why Zcash Beats Monero And Even Bitcoin: MIT Research Scientist

3 hours ago
Crypto

North Korean Hackers Set New Record: How Much Crypto Have They Stolen In 2025 So Far?

5 hours ago
Polymarket token airdrop news

Polymarket Founder Teases POLY — Crypto’s Biggest Airdrop Incoming?

13 hours ago
Zero-Fee Bitcoin Payments Program From Square as $HYPER Scales $BTC

Zero-Fee Bitcoin Payments Program From Square as $HYPER Scales $BTC

13 hours ago
North Dakota

The Roughrider Coin: North Dakota Pioneers State-Backed Crypto For 2026

14 hours ago
Best Crypto to Buy Now as FOMC Minutes Signal More Possible Rate Cuts

Best Crypto to Buy as FOMC Minutes Signal More Possible Rate Cuts and Bitcoin Continues to Climb

15 hours ago

Premium Sponsors

Press Releases

  • Maxi Doge นักสู้เหรียญมีมยืนโพสท่าในสังเวียนมวย

    Binance-Peg DOGE นำโด่ง Top 11...

    18 hours ago
  • Find Out Why Whales are Rushing to Buy Bitcoin Hyper’s $22M Presale—Plus, Our $HYPER Price Prediction.

    Find Out Why Whales are Rushing to Buy Bitcoin Hyper’s...

    19 hours ago
  • ...

    2 days ago
  • Your Chance to Win Up to 10% Deposit Bonus and Up to 21K $USDT Bonus Prizes at KCEX

    Your Chance to Win Up to 10% Deposit Bonus and Up to 21K...

    2 days ago
  • 分析師稱 FARTCOIN 有望暴漲...

    2 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.