this post was submitted on 17 Dec 2023
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Hackers steal NFTs worth millions. In other news, NFTs worth millions. (www.theblock.co)
submitted 11 months ago* (last edited 11 months ago) by yesman@lemmy.world to c/technology@lemmy.world
9 comments fedilink hide all child comments
 

The way I read the article, the "worth millions" is the sum of the ransom demand.

The funny part is that the exploit is in the "smart" contract, ya know the thing that the blockchain keeps secure by forbidding any updates or patches.

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[–] regdog@lemmy.world 1 points 11 months ago

I never had a jpeg stolen from me.

What a time to be alive.

[–] Sheeple@lemmy.world 1 points 11 months ago (1 children)

No one is gonna buy any NFTs for millions lmao

[–] shortwavesurfer@monero.town 1 points 11 months ago (1 children)

As crazy as it sounds, some people do.

[–] AbidanYre@lemmy.world 1 points 11 months ago (1 children)

They did. For like a week last year. Then everyone realized it was a scam.

[–] IWantToFuckSpez@kbin.social 1 points 11 months ago

Love how the NFT hype was a big wealth transfer event. So many rich people, like wealthy oil Arabs, bought into the scam and moved so much money into artists pockets while they essentially got nothing in return.

[–] StupendousMan@lemmy.world 1 points 11 months ago* (last edited 11 months ago)

Sounds like a great way to make an insurance claim on a bunch of NFTs worth "millions" that you could not convince anyone to buy.

[–] RIP_Cheems@lemmy.world 1 points 11 months ago* (last edited 11 months ago)

Let me get this straight, you can steal an nft but you can't own an nft?

[–] Viking_Hippie@lemmy.world 0 points 11 months ago

Accurate headline:

Millions of dollars lost as NFTs worth a total of $0 stolen

[–] the_post_of_tom_joad@sh.itjust.works -1 points 11 months ago

Does this post give anyone farker vibes?