Understanding Security Issues in the NFT Ecosystem

Understand

Non-Fungible Tokens (NFTs) have emerged as a way to collect digital art as well as an investment vehicle.

• Despite having been popularized only recently, NFT markets have witnessed several high-profile (and high-value) asset sales and a tremendous growth in trading volumes over the last year.
• Unfortunately, these marketplaces have not yet received much security scrutiny.
• Instead, most academic research has focused on attacks against decentralized finance (DeFi) protocols and automated techniques to detect smart contract vulnerabilities.