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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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[–] Squizzy@lemmy.world 12 points 1 year ago (1 children)

I remember it used to be calculated on the lowest value extrapolated out so a gram of smoke was 20/25 bucks so a kilo of smoke "had a street value of 20,000 - 25,000."

[–] I_Has_A_Hat@startrek.website 1 points 1 year ago

Not to mention they usually count the weight of whatever they're in too. See a big news story about the cops seizing tons of product at a port? Well they're including the shipping container weight.