📣 Thirdweb Identifies Flaws in Common Smart Contracts
posted 5 Dec 2023
Web3 development platform Thirdweb has detected a critical vulnerability
in its open-source library, impacting various NFT collections. This
issue affects a range of pre-built smart contracts, including DropERC20,
ERC721, ERC1155, and AirdropERC20.
NFT marketplace OpenSea has acknowledged potential impacts on its NFT
collections and requested its users to stay informed about remediation
efforts. Similar statements have been issued by Coinbase NFT and the L2
network, Base.
While
no exploits are reported, Thirdweb advises affected contract owners to
take preventive measures, such as locking the contract, taking a
snapshot, and migrating to more secure alternatives.