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.
Just because the suckers that bought them paid millions doesn’t mean that the NFTs are worth millions.
I’m worth millions, but I’m paid jack shit :(
There were sufficiently stupid people to pay money for NFTs. They will sufficiently stupid people around to pay the ransom.
Lol “worth”… that word is absolutely meaningless. This chewed gum I have is “worth” $2.7 billion dollars!!!
Can’t even read the website, as the third modal, the newsletter modal, refuses to close. Yeesh.
I guess the millions are in the transaction fees
Did they steal all NFTs?
I never had a jpeg stolen from me.
What a time to be alive.
No one is gonna buy any NFTs for millions lmao
As crazy as it sounds, some people do.
They did. For like a week last year. Then everyone realized it was a scam.
Love how the NFT hype was a big wealth transfer event. So many rich people, like wealthy oil Arabs, bought into the scam and moved so much money into artists pockets while they essentially got nothing in return.
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.
Let me get this straight, you can steal an nft but you can’t own an nft?
…Been a minute since I’ve seen this fark headline meme.
Must be a real old-head if you know what fark is. me too
Accurate headline:
Millions of dollars lost as NFTs worth a total of $0 stolen
Does this post give anyone farker vibes?