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 10 months ago* (last edited 10 months ago) by [email protected] to c/[email protected]
8 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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[–] [email protected] 1 points 10 months ago

I never had a jpeg stolen from me.

What a time to be alive.

[–] [email protected] 1 points 10 months ago* (last edited 10 months ago)

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

[–] [email protected] 1 points 10 months ago* (last edited 10 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.

[–] [email protected] 0 points 10 months ago

Accurate headline:

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

[–] [email protected] 1 points 10 months ago (1 children)

No one is gonna buy any NFTs for millions lmao

[–] [email protected] 1 points 10 months ago (1 children)

As crazy as it sounds, some people do.

[–] [email protected] 1 points 10 months ago (1 children)

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

[–] [email protected] 1 points 10 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.