Hackers steal NFTs worth millions, from Apes to Art Blocks, in NFT Trader exploit
www.theblock.co
The major hack may be the worst attack to hit the NFT community in its history, with millions of dollars in potential losses.

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.

  • merc@sh.itjust.worksEnglish
    4·
    1 year ago

    Blockchain in general is a solution looking for a problem. Blockchain is just a terrible database that burns mountains of coal. In almost every case when someone suggests using blockchain for something, the simpler solution is to just use a standard database.