this post was submitted on 17 Dec 2023
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526
Hackers steal NFTs worth millions. In other news, NFTs worth millions. (www.theblock.co)
submitted 11 months ago* (last edited 11 months ago) by [email protected] to c/[email protected]
122 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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[โ€“] [email protected] 5 points 11 months ago (1 children)

Better than the current money laundering techniques? Using art appraisals to inflate assets and move dirty money, or straight up using banks like Deutsche or Credit Suisse (RIP) to move dirty money?

[โ€“] [email protected] 4 points 11 months ago

The smart criminal understands the value of diversity.