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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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  • NFT
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    Disney Eyes Chainlink in New Tech Patent That Bridges NFTs and Real-World Events

    Ozzy Osbourne’s passing sparks 400% surge in CryptoBatz NFTs

    Ozzy Osbourne’s passing sparks 400% surge in CryptoBatz NFTs

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    How GameSquare is monetizing a $38m Ether treasury with NFTs

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    CryptoPunks Lead as NFT Trading Volume Rebounds on Solana and Ethereum

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    Pudgy Penguins CEO predicts NFT mania, crypto gaming comeback

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    Whale snaps up 45 CryptoPunks amid ETH rally

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    Top NFT Performers of the Week, Courtyard and Pudgy Penguins Secure Top Positions

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    NFT sales jump 29% to $159.6m, Pudgy Penguins surges 247%

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    Inside the IMX Ecosystem: Can Staking Sustain NFT Innovation on Immutable?

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    Exploring Early NFT Game Failures and Future Opportunities

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    A $7.8M stealth CryptoPunks acquisition signals renewed whale interest in NFTs amid Ethereum’s rally and a resurgent market.

  • Blockchain
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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    Polyhedra Network launches Proof Cloud in open beta

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    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

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  • AI
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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

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    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

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    UAE emirate launches new free zone for digital assets, Web3 and AI

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  • Guides
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    What Is Copy Trading in Crypto? A Beginner’s Guide

    A Step-by-Step Guide for Risk-Takers

    A Step-by-Step Guide for Risk-Takers

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    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

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    How It Works and What to Watch Out For

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    Crypto Risk Management Strategies for Trading (2025)

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  • Analysis
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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

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    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

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    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

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    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

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    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
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    • Altcoins
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  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
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    Disney Eyes Chainlink in New Tech Patent That Bridges NFTs and Real-World Events

    Ozzy Osbourne’s passing sparks 400% surge in CryptoBatz NFTs

    Ozzy Osbourne’s passing sparks 400% surge in CryptoBatz NFTs

    How GameSquare is monetizing a $38m Ether treasury with NFTs

    How GameSquare is monetizing a $38m Ether treasury with NFTs

    CryptoPunks Lead as NFT Trading Volume Rebounds on Solana and Ethereum

    CryptoPunks Lead as NFT Trading Volume Rebounds on Solana and Ethereum

    Pudgy Penguins CEO predicts NFT mania, crypto gaming comeback

    Pudgy Penguins CEO predicts NFT mania, crypto gaming comeback

    Whale snaps up 45 CryptoPunks amid ETH rally

    Whale snaps up 45 CryptoPunks amid ETH rally

    Top NFT Performers of the Week, Courtyard and Pudgy Penguins Secure Top Positions

    Top NFT Performers of the Week, Courtyard and Pudgy Penguins Secure Top Positions

    Ethereum Unveils Symbolic NFT Torch Ahead of 10-Year Anniversary

    Ethereum Unveils Symbolic NFT Torch Ahead of 10-Year Anniversary

    NFT sales jump 29% to $159.6m, Pudgy Penguins surges 247%

    NFT sales jump 29% to $159.6m, Pudgy Penguins surges 247%

  • Gaming
    Inside the IMX Ecosystem: Can Staking Sustain NFT Innovation on Immutable?

    Inside the IMX Ecosystem: Can Staking Sustain NFT Innovation on Immutable?

    Moonveil’s $MORE Token Hits All-Time High Amid Ecosystem Momentum

    Moonveil’s $MORE Token Hits All-Time High Amid Ecosystem Momentum

    The case for how crypto can Stop Killing Games

    The case for how crypto can Stop Killing Games

    Exploring Early NFT Game Failures and Future Opportunities

    Exploring Early NFT Game Failures and Future Opportunities

    ‘Tokyo Beast’ Speedruns Crypto Game Cycle, Shutting Down Just a Month After Launch

    ‘Tokyo Beast’ Speedruns Crypto Game Cycle, Shutting Down Just a Month After Launch

    FLOKI hints at $75k prize pool, ignites opBNB’s first tournament

    FLOKI hints at $75k prize pool, ignites opBNB’s first tournament

    Elderglade’s Cross-Chain Gaming Bridge is Live, Going Cross-Game and Cross-Chain with LINEUP Games Partnership

    Elderglade’s Cross-Chain Gaming Bridge is Live, Going Cross-Game and Cross-Chain with LINEUP Games Partnership

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    Tesla’s Retro Diner Opens in Los Angeles with Burgers, Big Screens and Angry Neighbors

    A $7.8M stealth CryptoPunks acquisition signals renewed whale interest in NFTs amid Ethereum’s rally and a resurgent market.

    A $7.8M stealth CryptoPunks acquisition signals renewed whale interest in NFTs amid Ethereum’s rally and a resurgent market.

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

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    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Copy Trading in Crypto? A Beginner’s Guide

    What Is Copy Trading in Crypto? A Beginner’s Guide

    A Step-by-Step Guide for Risk-Takers

    A Step-by-Step Guide for Risk-Takers

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

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    How It Works and What to Watch Out For

    Crypto Risk Management Strategies for Trading (2025)

    Crypto Risk Management Strategies for Trading (2025)

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is DeFi Staking? Everything You Need to Know

    What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

    What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

    What Is Liquid Staking? How It Works & Why It Matters in Crypto

    What Is Liquid Staking? How It Works & Why It Matters in Crypto

    A Full Comparison of Layer 2 Solutions

    What are Rollups in Crypto? ZK Rollups and Optimistic Rollups Explained

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

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    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

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    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

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    Dogecoin Bull run

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home NFT

Ethereum NFT Creators Scramble to Secure Projects From Thirdweb Exploit

December 6, 2023
in NFT
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Ethereum NFT Creators Scramble to Secure Projects From Thirdweb Exploit
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Some creators of Ethereum NFT projects are scrambling to secure their collections after Thirdweb, a prominent crypto development platform, disclosed issues with its smart contracts late Monday.

READ ALSO

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Thirdweb wrote that a security vulnerability in a “commonly used open-source library for Web3 smart contracts” was discovered, and that it affects pre-built contracts offered by Thirdweb among others. Smart contracts hold the code that power autonomous decentralized apps (dapps) and NFT collections.

Due to the apparent seriousness of the vulnerability, Thirdweb is not disclosing which open-source library was the root of the exploit, or details on what the exploit entails. OpenZeppelin, a widely used open-source library for smart contracts, has since come out to say that the issue isn’t tied to its repository.

“Based on our investigation, the issue is inherent to a problematic integration of specific patterns, and not particular to the implementations contained in the OpenZeppelin Contracts library,” it tweeted—but added that it would still “lead the effort to assess who in the community is affected and provide them with mitigation strategies.”

IMPORTANT

On November 20th, 2023 6pm PST, we became aware of a security vulnerability in a commonly used open-source library in the web3 industry.

This impacts a variety of smart contracts across the web3 ecosystem, including some of thirdweb’s pre-built smart contracts.…

— thirdweb (@thirdweb) December 5, 2023

Thirdweb said that it does not believe that any smart contracts have yet been exploited, but it recommends that projects undertake a mitigation process that includes locking down their current smart contract and migrating to a new one, then airdropping tokens to current holders. The company said that it would help cover network fees associated with migrating holders from an affected smart contract.

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According to Thirdweb, it became aware of the contract vulnerability on November 20 and rolled out a fix to its pre-built smart contract templates on November 22. As a result, any Thirdweb smart contracts deployed after 10 p.m. ET on November 22 are believed to be safe, but those deployed prior to then may be affected.

Is NFT Winter Over? Prices Climb as Bitcoin and Ethereum Surge

The exploit is tied to NFT smart contracts that use the Ethereum ERC-721 and ERC-1155 standards, but also fungible tokens minted via the ERC-20 standard. A full list of affected contract types is available via Thirdweb’s blog post, along with a mitigation tool that can identify any impacted contracts.

Many major industry players have come out to weigh in on how the issue may impact their users, NFT holders, and NFT project creators.

We are in touch with @thirdweb about the security vulnerability impacting some NFT collections. Stay tuned for more info on how we can assist affected collection owners with any changes on OpenSea tied to contract migration. Please read @thirdweb’s post below for more detail. https://t.co/HU6bmXWU7U

— OpenSea (@opensea) December 5, 2023

Major NFT marketplace OpenSea tweeted that users should “stay tuned for more info on how we can assist affected collection owners with any changes on OpenSea tied to contract migration.” Rarible, another NFT marketplace, said that some NFT drops on its platform are also affected across Ethereum and sidechain scaling network Polygon.

Coinbase said that some collections created on its NFT platform are impacted, while smart contract startup Manifold said that its own contracts are unaffected. Base, the Ethereum layer-2 scaling network that Coinbase incubated, also said that some project contracts utilized on Base are affected, but the network itself is secure.

Moca Transparency Tuesday – TL;DR: Mocas are SAFU, Funds are SAFU, Wallets are SAFU

On Dec 2 at 11:17am HKT, we were made aware by @thirdweb, our smart contract development partner for the Mocaverse collections, that there was a need for a security update to the smart contracts…

— Mocaverse💼🪐 (@MocaverseNFT) December 5, 2023

Ethereum profile picture (PFP) project Cool Cats said that while its main NFTs are safe, it will migrate its Avatar System packs to a new contract. Meanwhile, Animoca Brands’ Mocaverse gaming platform said it has migrated its various NFT collections to new contracts, and will let holders claim the new versions.

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In addition to covering fees for migrated projects, Thirdweb wrote that it has doubled its bug bounty payments from $25,000 to $50,000, and will utilize “a more rigorous auditing process” going forward.

Tags: CreatorsEthereumExploitNFTprojectsScrambleSecureThirdweb

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