Hidden suspicious NFT transfers on OpenSea
In a recent blog post, Devin outlines the many efforts we have made – and are making – to address core trust and security issues at Openness. A key priority of this work is to reduce the threat of theft and scams. Today we’re taking another step in this direction, with the introduction of a new feature that automatically hides suspicious NFT transfers from view in OpenSea.
Blockchains like Ethereum are an open and flexible system that catalyzes the new products, applications and features of our choice. However, with this openness, blockchains can enable activities that are not welcome. A particular ecosystem-wide problem involves an unexpected NFT transfer from someone you don’t know. This is similar to email: anyone can send you an email, including a scammer.
We’ve seen scammers use these NFT transfers to entice a recipient to view an NFT list that contains links to malicious third-party websites. Curious collectors will then visit and interact with those websites, which can sometimes lead to phishing and theft of NFT from the collector’s wallet. It is important to note here that we have not seen any instances where simply accepting a migrated NFT – without additional user activity (such as navigating a malicious third party website or providing a signature) – causes malicious activity.
While unwanted NFT transfers will always be on the public blockchain across ecosystems, we want to prevent them from being seen on OpenSea. Today, we’re launching three updates to protect the community from this migration:
- Some transfers will now automatically go to hidden folders. This move would significantly reduce this scandalous vector. But sometimes, like email spam, we misunderstand it and some legitimate transfers are automatically hidden.
- OpenSea will periodically notify you when you receive a transfer that we keep hidden. This notification will be displayed through a banner in the Collected tab If you expect a transfer and don’t see it on your profile, the banner will take you to a hidden tab, where you can unhide the transferred NFT. After the first “Hidden Transfer”, we’ll periodically remind you of hidden tabs when you receive a hidden migration.
The banner on the archived tab indicates a hidden transfer
- Hidden folders now have new filter options: “Hidden by you” and “Hidden automatically.” By default, we show all hidden items, but users can easily filter to one or the other as needed.
Rollout
These changes have started to roll out for all users Over the next few weeks and months we will continue to train our identification reasoning. During this time, we can automatically hide valid transfers by mistake. If this happens to you, please know that we are working to develop our algorithms and that the transfers you expected are safe to hide.
Many of these changes are subtle updates to how OpenSea displays blockchain events. So if you see something unexpected (such as an expected migration that does not appear in the archived folder or hidden folder), please contact our support team at support.opensea.io for help.
Ultimately, an ecosystem-wide effort is needed to defeat scams and theft strategies. As we work with partners to achieve that larger goal, we hope that today’s change will have a positive impact on web 3 community theft. This is the first step many people are planning to take in the next few months. As always, we appreciate the community’s response to these changes.
The post hiding the suspicious NFT transfer on OpenSea first appeared on the OpenSea blog.
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