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

submitted 1 year ago* (last edited 1 year 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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[-] AbidanYre@lemmy.world 6 points 1 year ago

The only person providing any sources here would put that $5.5b market cap (if it's accurate) at 1/4 of what it was two years ago.

That's one hell of a crash and burn.

this post was submitted on 17 Dec 2023

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