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Hackers steal NFTs worth millions. In other news, NFTs worth millions. (www.theblock.co)
submitted 2 years ago* (last edited 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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[-] StupendousMan@lemmy.world 99 points 2 years ago* (last edited 2 years ago)

Sounds like a great way to make an insurance claim on a bunch of NFTs worth "millions" that you could not convince anyone to buy.

[-] eclipse@lemmy.world 13 points 2 years ago

I'd say more likely to be able to declare a capital loss on taxes.

[-] RvTV95XBeo@sh.itjust.works 7 points 2 years ago

Can I carry that loss over for the next... 100 years or so?

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this post was submitted on 17 Dec 2023
656 points (100.0% liked)

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