from the a-fool-and-his-money-are-easily-parted dept.
Bored Ape Yacht Club, Otherside NFTs stolen in Discord server hack:
Hackers reportedly stole over $257,000 in Ethereum and thirty-two NFTs after the Yuga Lab's Bored Ape Yacht Club and Otherside Metaverse Discord servers were compromised to post a phishing scam.
Earlier this morning [4 Jun], the Discord account for a Yuga Labs community manager was allegedly hacked to post a phishing scam on the company's Discord servers.
This phishing scam pretended to be an exclusive, limited giveaway for existing BAYC, Mutant Ape Yacht Club (MAYC), and Otherside NFT holders, which included a link to a webpage that allowed a visitor to mint the free NFT.
[...] the phishing scam added a sense of urgency, stating that only a limited amount of NFTs was available to be minted, which likely pushed visitors to abandon caution and rush to mint the free giveaway.
[...] Once a user visited the page and attempted to mint the giveaway, the page likely stole all Ethereum and NFTs held in the linked wallet.
According to blockchain cybersecurity firm PeckShield, approximately 32 NFTs were stolen, including those from the Bored Ape Yacht Club, Otherdeed, Bored App Kennel Club, and Mutant Ape Yacht Club projects.
Users also report that the hackers stole over 145 Ethereum during the phishing attack, worth approximately $250,000.
(Score: 2) by Freeman on Tuesday June 07 2022, @03:18PM (1 child)
I thought that everyone could have a link to the NFT? I guess there's some sort of "ownership token" to go with it? Which makes it even more absurd, because this was the inevitable result.
Joshua 1:9 "Be strong and of a good courage; be not afraid, neither be thou dismayed: for the Lord thy God is with thee"
(Score: 3, Touché) by captain normal on Tuesday June 07 2022, @06:15PM
What is there to understand? NFT means No F**king Thing.
"It is easier to fool someone than it is to convince them that they have been fooled" Mark Twain
(Score: 2, Disagree) by RedGreen on Tuesday June 07 2022, @03:44PM
we only have news about this when a day goes by without any crapto being stolen...
"I modded down, down, down, and the flames went higher." -- Sven Olsen
(Score: 3, Touché) by ikanreed on Tuesday June 07 2022, @04:34PM (1 child)
I keep my beanie babies, pogs, and tulips in a safe.
(Score: 0) by Anonymous Coward on Tuesday June 07 2022, @06:12PM
Will you sell me an NFT to your safe's combo?
(Score: 1, Funny) by Anonymous Coward on Tuesday June 07 2022, @04:43PM (1 child)
Imagine some fuckwad thinking this NFT idea is revolutionary lol. I guess they want ownership without the government enforcement of ownership? That's what you get, a wild wild west. Maybe there ought to be a new class of people who do not get to own anything, they can only subscribe LOL. They don't get to vote, but can subscribe to political party of their choice.
(Score: 2, Insightful) by Anonymous Coward on Tuesday June 07 2022, @05:32PM
"Maybe there ought to be a new class of people who do not get to own anything, they can only subscribe LOL."
Adobe software users
(Score: 4, Insightful) by Frosty Piss on Tuesday June 07 2022, @04:57PM (2 children)
…Nothing of value was lost.
(Score: 1, Insightful) by Anonymous Coward on Tuesday June 07 2022, @05:24PM (1 child)
"bored ape yacht club"? wow, they're really rubbin' it in your face... should have added " thrust fund" or "daddy owns a company" in there somewhere too, tho? maybe too obvious?
(Score: 1, Informative) by Anonymous Coward on Tuesday June 07 2022, @08:14PM
Had you not heard of it? It has been pissing off artists and Twitter users for months now.
(Score: 5, Interesting) by Opportunist on Tuesday June 07 2022, @07:25PM (11 children)
NFTs are, essentially, some sort of "proof of ownership" token, or aren't they? So, anyone can look at that picture the NFT is about but only someone special "owns" it. Now, I don't know about your jurisdiction, but in mine, you cannot gain ownership of something by stealing it. You can have the physical thing in your possession, but that possession would be illegal, the rightful owner is still the same person that it was before.
What's the problem about invalidating the ownership token that is now held by an illegitimate holder and issue a new, valid, one to the legitimate owner?
(Score: 4, Interesting) by sjames on Tuesday June 07 2022, @09:06PM (1 child)
The whole point of NFTs is that supposedly rightful ownership is determined solely by the actions of the smart contract. So if you somehow get the smart contract to say it's you by whatever means, you are the actual owner. The designers of the block chain and the NFT contracts made sure that no government action could do anything about it without the cooperation of whoever the blockchain says owns the NFT.
So it seems the old adage about punishing someone by giving them exactly what they want holds true here.
Interestingly, if government does successfully intervene, the whole concept of the NFT goes down the crapper.
(Score: 2) by jasassin on Wednesday June 08 2022, @12:41AM
Kinda like the iPhone’s “Secure Enclave”… or feds appropriating BitCoin?
jasassin@gmail.com GPG Key ID: 0x663EB663D1E7F223
(Score: 3, Interesting) by FatPhil on Wednesday June 08 2022, @07:25AM (8 children)
Watch /Line Goes Up/ - it's long, and you probably don't need the last hour: https://www.youtube.com/watch?v=YQ_xWvX1n9g
People who say this kind of shit happens every day don't know what they're talking about - it happens *several* times most days day! https://web3isgoinggreat.com/
Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves
(Score: 0, Offtopic) by albelard on Thursday June 09 2022, @07:10AM (1 child)
Really, FatPhil, how can you say that about such a classic as the RainbowPoptartKitty? Timeless!
(Score: 2) by FatPhil on Thursday June 09 2022, @10:15AM
When someone does the pavement pizza series, I might buy in.
Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves
(Score: 2) by Opportunist on Thursday June 09 2022, @03:41PM (5 children)
Well, you own the "original" of the artwork. For what it's worth, that's what you own. You're the rightful owner of the artwork, an item that cannot be multiplied at will.
Basically, what NFTs are is a haphazard attempt to make something that can be easily multiplied, and hence has no intrinsic value due to scarcity, to give it that quality.
(Score: 2) by FatPhil on Friday June 10 2022, @08:34AM (4 children)
No, you don't. I told you that already. You've believed the weasel wording. At no point, unless explicitly stated, have you taken ownership of the intellectual property itself. Stop being clue-resistant.
https://theconversation.com/when-you-buy-an-nft-you-dont-completely-own-it-heres-why-166445
https://www.weforum.org/agenda/2022/02/non-fungible-tokens-nfts-and-copyright/
https://thenextweb.com/news/so-you-bought-an-nft-doesnt-mean-you-also-own-it-syndication
https://techcrunch.com/2021/06/16/no-nfts-arent-copyrights/
https://www.gobankingrates.com/investing/crypto/nft-art/
> You're the rightful owner of the artwork, an item that cannot be multiplied at will.
It can. Right click. Heck, every time anyone sees your new forum avatar, for example, a new copy of it is made.
Do you understand the internet at all?
Oh, fuck it - believe what you want. Go buy some NFTs, they seem right up your street.
Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves
(Score: 2) by Opportunist on Friday June 10 2022, @01:03PM (3 children)
So what the hell do you actually get when you buy an NFT?
(Score: 2) by drussell on Friday June 10 2022, @04:16PM (1 child)
Absolutely nothing.
Well, at least absolutely nothing of value. You are typically simply listed as the "owner" of a token that points somewhere, typically somewhere that everyone else can still visit and view as well, even though they're not the "owner."
(Score: 0) by Anonymous Coward on Saturday June 11 2022, @03:30PM
Ok. Thanks for the explanation. It is like "owning" a sword in an online game. That sword is yours. It also is virtual and only has value associated with the game object.
(Score: 2) by FatPhil on Saturday June 11 2022, @09:23AM
Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves
(Score: 0) by Anonymous Coward on Tuesday June 07 2022, @08:24PM
I'm having a tough time bringing myself to actually care in any shape form or fashion about any of that crap.
(Score: 2) by sjames on Tuesday June 07 2022, @08:47PM (4 children)
Can we please name the exploit used "Monkeypox"?
>Or perhaps, "The Funginator".
(Score: 0) by Anonymous Coward on Wednesday June 08 2022, @12:08AM (3 children)
Apes and monkeys are not the same.
Perhaps you've noticed that you don't have a tail?
(Score: 2) by sjames on Wednesday June 08 2022, @12:25AM (2 children)
Most people grew out of the pedantic "Well actually..." phase early in high school, at least when it's just a funny.
(Score: 2) by jasassin on Wednesday June 08 2022, @01:44AM
It’s weird, for me, that you said that because I learned when one of my ex-girlfriends started a sentence with “Actually…” I was in for a load of bullshit.
jasassin@gmail.com GPG Key ID: 0x663EB663D1E7F223
(Score: 0, Insightful) by dunsscotus on Wednesday June 08 2022, @04:00AM
Well, if you were a monkey, you could be pendantic, hanging from your prehensile tail. Apes, not so much. they can only be pedantic. And condescend to Redstate Republicans.
(Score: -1, Troll) by Anonymous Coward on Tuesday June 07 2022, @11:26PM (1 child)
Rumours, I hear rumours that SoylentNews is going to be releasing (minting?) a "Runaway Tranny Penis School Lunch" NFT any day now. Buy early, and HODL for great profit!
(Score: 0) by Anonymous Coward on Wednesday June 08 2022, @04:03AM
How would one go about purchasing such a "dish"? Asking for a friend.
(Score: 0) by Anonymous Coward on Tuesday June 07 2022, @11:50PM (1 child)
Why not just change a single pixel imperceptibly and mint a new NFT? Who can really prove they have the original in this case?
(Score: 2) by NateMich on Wednesday June 08 2022, @12:11AM
What part of Blockchain do you not understand?
(Score: 3, Insightful) by Thexalon on Wednesday June 08 2022, @12:19AM
Look, libertarian types, I get it: You hate government interference in your life, you hate paying taxes, so you'd like to create something where government has no sway.
Do you know who else likes that sort of thing? Criminals! Including smart and organized criminals who see people like you as suckers. And the fact is that your professed belief system has no real plan for dealing with the smarter and more-organized criminals.
Of course there are scam artists and thieves hanging out in the crypto world, it's one of the easiest ways to get suckers to part with their money right now.
The only thing that stops a bad guy with a compiler is a good guy with a compiler.
(Score: 1, Redundant) by drussell on Wednesday June 08 2022, @02:41AM
Hahahaha! SUCKERS!!
NFTs... LOL!!
(Score: 0) by Anonymous Coward on Wednesday June 08 2022, @05:46PM
So someone gets you to open a malicious url, and you put in your account information to receive something, and they are able to steal everything in your account? wtf???
(Score: 2) by mrpg on Wednesday June 08 2022, @11:01PM
Bored Ape Yacht Club (BAYC), or often colloquially called Bored Ape, is a non-fungible token (NFT) collection built on the Ethereum blockchain. The collection features profile pictures of cartoon apes that are procedurally generated by an algorithm.
Ah, ok.