this post was submitted on 17 Dec 2023
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628
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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[–] Lanusensei87@lemmy.world 13 points 11 months ago

You very much do own an NFT you purchase, what you don't own is the asset the NFT represents (the shitty RNG generated monkey for example).