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Hackers steal NFTs worth millions. In other news, NFTs worth millions. (www.theblock.co)

submitted 2 years ago* by yesman@lemmy.world to c/technology@lemmy.world

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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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[–] MNByChoice@midwest.social 6 points 2 years ago

Insurance scam? Not too be cynical, but after the price dropped a year(?) ago there were a number of thefts for which there was speculation about them being insurance fraud.

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