Hackers steal NFTs worth millions. In other news, NFTs worth millions.

https://lemmy.world/post/9675964

Hackers steal NFTs worth millions. In other news, NFTs worth millions. - 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?

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.
Is there any way to confirm this? Or are there examples of artists who made a significant amount of money from NFTs? I understand its potential benefit for artists, but I mostly remember already-rich corporations (e.g. UFC) using them as another way to extract money from consumers.
Beeple made a lot
He was the first big one I remember. When it still had an air of legitimacy.