This Is Why There’s Been So Many NFT and Crypto Hacks
CYBER
00:00
What Happens When You List Your NFT for a Low Price?
If you list your nft for a low price, and you don't cancel it, what happens is that price is then broadcast on open seas. It is scraped by other market places like rarable scrapes open sea listings. Some clever person is out there scanning, looking for like, lower listings that this person might not be aware of because they didn't go through this complicated and janky process of like cancelling their earlier listing on the block chain. So they're just like, i just bought your n ft for like this low, low price. And they're not going to give it back to you. The problem has gotten so bad that now, like,
Transcript
Play full episode
