@0xCygaar: An explanation of the NFTTrader hack that resulted in millions of dollars worth of NFTs stolen 🧵: (TLDR; combination of reentrancy + old approvals that were never removed) The attack starts by calling the...…
Someone needs to add a community note that the hack did not in fact result in “millions of dollars worth of NFTs stolen”. It resulted in zero dollars worth of NFTs being legitimately transferred to another holder as specified in the smart contract approved by parties involved.
Someone needs to add a community note that the hack did not in fact result in “millions of dollars worth of NFTs stolen”. It resulted in zero dollars worth of NFTs being legitimately transferred to another holder as specified in the smart contract approved by parties involved.