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submitted 8 months ago* (last edited 8 months ago) by yesman@lemmy.world to c/technology@lemmy.world

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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[-] fosforus@sopuli.xyz 10 points 8 months ago

Did they steal all NFTs?

[-] mhague@lemmy.world 9 points 8 months ago

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 8 months ago

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

[-] Treczoks@lemmy.world 8 points 8 months ago

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

[-] solidgrue@lemmy.world 6 points 8 months ago

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

[-] MNByChoice@midwest.social 6 points 8 months 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.

[-] the_q@lemmy.world 4 points 8 months ago

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

[-] thejodie@programming.dev 3 points 8 months ago

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

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this post was submitted on 17 Dec 2023
632 points (95.8% liked)

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