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 yesman@lemmy.world to c/technology@lemmy.world
10 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€“] Viking_Hippie@lemmy.world 0 points 10 months ago (1 children)

Accurate headline:

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

[โ€“] AnAngryAlpaca@feddit.de 0 points 10 months ago (1 children)

"NOOOO! I PAID 250.000 FOR THAT GIF!!!" ๐Ÿ˜ง

[โ€“] onion@feddit.de 0 points 10 months ago (1 children)

*token representing a gif

[โ€“] AnAngryAlpaca@feddit.de 0 points 10 months ago* (last edited 10 months ago)

** token linking to a gif somewhere on the internet

[โ€“] Sheeple@lemmy.world 0 points 10 months ago (1 children)

No one is gonna buy any NFTs for millions lmao

[โ€“] shortwavesurfer@monero.town 0 points 10 months ago (1 children)

As crazy as it sounds, some people do.

[โ€“] AbidanYre@lemmy.world 0 points 10 months ago (1 children)

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

[โ€“] shortwavesurfer@monero.town 0 points 10 months ago (1 children)

I do see potential use for them, but not in the way they are currently being used. I could see uses like door keys, tickets, memberships, etc being of practical value, but not stupid little pictures.

[โ€“] silverbax@lemmy.world 0 points 10 months ago (1 children)

Tickets, yes, door keys, no.

[โ€“] Mahlzeit@feddit.de 0 points 10 months ago

Not tickets either. It's just unsafe and inefficient.