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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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[-] merc@sh.itjust.works 2 points 1 year ago

Those are the transactions that are actually happening.

I'm sure there are lots of transactions that aren't happening because people have given up, and decided that a 99.9% loss in value is basically a 100% loss in value, so they've just walked away.

this post was submitted on 17 Dec 2023

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