this post was submitted on 17 Dec 2023
635 points (95.7% liked)

Technology

59039 readers
3763 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
635
Hackers steal NFTs worth millions. In other news, NFTs worth millions. (www.theblock.co)
submitted 10 months ago* (last edited 10 months ago) by [email protected] to c/[email protected]
163 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 19 points 10 months ago (2 children)

Think of it like this, when people make drug busts and they find huge amounts of cocaine or whatever and they say oh this is 300 something mod a million is worth of stuff. No it's not. It's maybe like not even half that not even a quarter of that, they just make it up just to make their bust even bigger

[–] [email protected] 12 points 10 months ago (1 children)

I remember it used to be calculated on the lowest value extrapolated out so a gram of smoke was 20/25 bucks so a kilo of smoke "had a street value of 20,000 - 25,000."

[–] [email protected] 7 points 10 months ago (1 children)

I also like the "10 Kilos of product was taken off of the street" which means like 12 grams of weed was turned into brownies

[–] [email protected] 3 points 10 months ago

4,000 pounds of weed removed from a single basement greenhouse