Ordswap urges users to recover keys after losing control of website

Ordswap, a marketplace that permits users to engrave, auction, and trade Bitcoin Ordinals, has devised a method for users to recover their personal secrets as it scrambles to gain back control of its site domain.In an Oct. 10 X (Twitter) post, the Ordswap X account shared an online tool that professes to assist users who logged into the site through MetaMask to recuperate their Ordswap personal secrets, allowing them to transfer to other providers.Source for metamask users to obtain secret is now offered listed below. You are able to import( hex) to Unisat. https://t.co/oETb7h7sA0 https://t.co/NGaaLiNNwW— Ordswap (@ordswap) October 10, 2023

Hours previously, on Oct. 9, Ordswap published a plain warning to users not to link to its domain as it was not in control of it. We are working on publishing source for metamask users to get their essential if they have not currently.

On the jobs Discord server, a member of Ordswaps group and users reported that for a time, the website featured a button triggering users to connect their crypto wallet in an apparent effort to phish users.One X user reported the button was a wallet drainer– an increasingly popular tool released by crypto fraudsters. At the time of composing, Ordswaps website immediately rerouted to a competing market RelayX.An Ordswap employee on Discord declared the task had not seen an effect on user personal keys or assets due to the breach however included users could be jeopardized if they connected with the site.Ordswap assistance employee “Bitkorn” claims the task hasnt seen user assets impacted by the wesbite breach. Source: DiscordRelated: FTX hacker might be using SBF trial as a smokescreen: CertiKIn late September, the site for the Ethereum-based automatic market maker Balancer was jeopardized in a relatively similar attack, with aggressors swiping around $240,000 worth of funds.Balancer later on stated it believed the exploiters carried out a social engineering attack on its DNS service provider EuroDNS which permitted assaulters to input a prompt to deceive users into approving a harmful contract that drains their wallet.Magazine: NFT Collector: Giant Swans gothic VR dreamscapes … royalty nightmare on OpenSea

Other Questions People Ask

What should users do after Ordswap urges them to recover keys following the loss of website control?

Users should utilize the online tool shared by Ordswap to recover their personal keys, especially if they logged in through MetaMask. This tool allows them to transfer their keys to other providers, ensuring they maintain access to their assets. It's crucial to act quickly and follow the instructions provided by Ordswap to safeguard their holdings.

How can MetaMask users recover their keys as Ordswap urges them to take action?

MetaMask users can recover their keys by using the specific online tool that Ordswap has made available. This tool is designed to help users who may have lost access due to the recent website issues. By importing their keys into a secure wallet like Unisat, users can regain control over their assets and prevent potential losses.

What risks do users face after Ordswap's warning about losing control of their website?

After Ordswap's warning, users are at risk of phishing attempts, especially if they inadvertently connect their wallets to malicious sites. Reports indicate that a button on the compromised site may have been used to drain wallets, highlighting the importance of caution. Users should refrain from connecting to any suspicious domains and follow Ordswap's guidance for recovering their keys safely.

What did Ordswap communicate regarding user assets after losing control of its website?

Ordswap has communicated that, despite the breach, there has been no direct impact on user assets or personal keys at this time. However, they emphasized that users could be compromised if they connected with the site during the incident. It's essential for users to stay informed through official channels and take proactive steps to secure their keys.

Why is it important for users to act quickly after Ordswap's key recovery announcement?

Acting quickly is vital because the longer users wait, the greater the risk of losing access to their assets or falling victim to further phishing attacks. Ordswap's announcement provides a limited-time opportunity for users to recover their keys securely. By promptly utilizing the recovery tool, users can ensure their assets remain safe and avoid potential financial losses.