this post was submitted on 17 Dec 2023
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634
Hackers steal NFTs worth millions. In other news, NFTs worth millions. (www.theblock.co)
submitted 11 months ago* (last edited 11 months 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 11 months 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.