“Magic Eden Experiences Hack on Third-Party Image Caching Service, NFTs Remain Safe”

1: magic eden, the largest solana marketplace, experienced a hack on a third-party image caching service. users of magic eden saw unexpected images, including pornographic images and stills from the tv series “the big bang theory.” magic eden has a valuation of $1.6 billion as of june 2022.

2: magic eden became aware of the issue early tuesday afternoon and implemented a fix within an hour. magic eden users began tweeting about the issue late monday. magic eden tweeted late tuesday afternoon that “a third-party service” used for caching images had been compromised.

3: it appears that the magic eden website experienced the issue due to an attack on an external service provider, and that the actual nfts themselves were ultimately unaffected. magic eden would not name the image caching partner due to security concerns. an nft is a blockchain token that represents ownership of a unique item, and magic eden is the dominant player in the solana nft market. it is unclear why the third-party service was targeted or how the hack was perpetrated.


By Evey Lovelace

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