this post was submitted on 17 Dec 2023
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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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[–] mhague@lemmy.world 9 points 1 year ago (8 children)

People trying to discuss the topic have their posts pushed down while "lmao nfts" are voted up. How do you see someone saying, respectfully, "I think there's a benefit to this." and try to push down their contribution?

Anyone who wants a good discussion about news in this community, must leave this community. If you want to add context or opposing perspectives, better go elsewhere. You build a community like this and you get people who know Hans had a vibrator, because jokes and legit opinions are treated as interchangable.

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[–] ShunkW@lemmy.world 8 points 1 year ago

Yeah the contract is how a few exchanges got stolen from in recent years

[–] Treczoks@lemmy.world 8 points 1 year ago

There were sufficiently stupid people to pay money for NFTs. They will sufficiently stupid people around to pay the ransom.

[–] MNByChoice@midwest.social 6 points 1 year ago

Insurance scam? Not too be cynical, but after the price dropped a year(?) ago there were a number of thefts for which there was speculation about them being insurance fraud.

[–] solidgrue@lemmy.world 6 points 1 year ago

I'm just here for the Fark style headline. Well played!

[–] the_q@lemmy.world 4 points 1 year ago

Lol "worth"... that word is absolutely meaningless. This chewed gum I have is "worth" $2.7 billion dollars!!!

[–] thejodie@programming.dev 3 points 1 year ago

Can't even read the website, as the third modal, the newsletter modal, refuses to close. Yeesh.

[–] iamherexD@lemmy.world 3 points 1 year ago

That's crazy.

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