Ordswap Developers Issue Alert After Losing Domain
Developers Urge Users to Avoid Interacting with Ordswap’s Domain
The team behind the non-fungible token (NFT) marketplace, Ordswap, has issued a warning to users after losing control over its domain. In a recent post, the developers advised users to refrain from any interactions with Ordswap’s front-end as they are currently unable to manage the domain. While the details of the incident are still unclear, the Ordswap team has provided a tool for MetaMask owners to recover their private keys.
Unauthorized Access Compromises Authorization Button
Reports from users suggest that the authorization button on Ordswap’s website was compromised, putting users’ crypto wallets at risk. The scale of the incident is yet to be determined. Presently, Ordswap’s website redirects users to RelayX, another NFT marketplace.
Ordswap: A Decentralized Trading Platform for Bitcoin Ordinals
Launched in February 2023, Ordswap is a decentralized trading platform that facilitates the purchase, trading, and generation of Bitcoin Ordinals. These digital assets are closely related to NFTs and are inscribed onto satoshis, the smallest denomination of BTC.
Crypto.news – The team behind the project called on users to avoid any contacts with Ordswap’s domain after losing control over it.
One of the first NFT marketplaces built on the BTC network, Ordswap, has seemingly suffered an incident as its developers urge users not to interact with the website.
In an X post on Tuesday, Oct. 10, the project alarmed users to avoid any interactions with Ordswap’s front-end, adding the team is “not currently in control of domain.” While the nature of the incident remains unclear, the Ordswap team has uploaded a tool for MetaMask owners so they could recover their private keys.
Although the scale of the incident is yet to be clarified, users say the authorization button on Orswap’s website was compromised, targeting victims’ crypto wallets. As of press time, Ordswap’s website redirects users to RelayX, another NFT marketplace.
Launched in February 2023, Ordswap is a decentralized trading platform, where users can buy, trade or generate Bitcoin Ordinals, a class of digital assets closely related to NFTs, which are inscribed onto satoshis, the smallest denomination of BTC.
This article was originally published on Crypto.news