At Least $13M in NFTs Stolen After Bored Ape Yacht Club Instagram, Discord Hacked (coindesk.com) 62
Bored Ape Yacht Club's Instagram account and Discord server were both hacked on Monday, with an unofficial "mint" link being sent out to followers. From a report: "There is no mint going on today. It looks like BAYC Instagram was hacked. Do not mint anything, click links, or link your wallet to anything," the NFT project wrote on Twitter. At the time of writing, it is estimated that around 24 Bored Apes and 30 Mutant Apes have been stolen according to recent OpenSea transfers, although some of these may be holders transferring their NFTs for security purposes. The value of the 54 NFTs calculated by floor price is $13.7 million.
Good ~nt~ (Score:4, Funny)
~nt~
No Fucking Trust. (Score:5, Insightful)
NFT's mating call.
Re:No Fucking Trust. (Score:4, Interesting)
The old joke that on the internet comedy is defined as someone else losing their bitcoins, I'm really starting to think that was premature. The real comedy is people losing their NFTs
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Nothing of value (Score:5, Interesting)
...and nothing of value was lost
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...and nothing of value was lost
or stolen.
Value (Score:2)
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I have a lot of money on the floor of my room, in the form of dirty pants. I value them ad $300,000 each, on average.
Well, I'm not willing to touch them, however send me the photos(*) and for $20k each and 50% of the profits beyond $10k, I can make you an NFT for each one that you can sell to the disfranchised (dissimiea? disembowled?) members of the Bored Ape Club at a 10% discount to make up for their terrible losses. I think they really deserve this form of charity.
* N.B. there may be some extra charges for emotional damage.
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You're off by one degree of clothing. Go one step deeper and then you can have real value, just like in Japan.
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It was a typo, they meant to type panties.
If this was a bank (Score:4, Insightful)
I'd call them up. Freeze my accounts. And file a police report. Given that it likely goes beyond the borders of my state and the large amount, it would escalate to a federal agency.
Since it's not a bank. We'll I guess easy come easy go. You were warned only a few thousand times that this crypto shit was an unregulated wild west. Expect a few stage coach robberies when there is no marshal in sight.
Re:If this was a bank (Score:4, Insightful)
They want none of the regulation but all of the protection.
Can't have one without the other.
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I would concede that traditional banking could be improved. But I was never keen on throwing everything away and starting over. It's more of that nonsense from tech "disrupters" that comes off as equally arrogant and stupid.
Re:If this was a bank (Score:4, Informative)
If this was a bank, nothing like that would be possible. The regulator would have closed them down after both internal and external audit rang the alert bells.
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Exactly. If there's one thing I'm sure of, it's that no one's ever stolen anything from a bank.
Your statement is stupid. Of course, occasionally, something gets stolen from a bank. But compare the frequency and the amount and remember that most banks are exposed to the Internet permanently.
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No, I am actually an IT security auditor (among other things). I have an idea how things work in the real world. You obviously do not. Pathetic.
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Title should read (Score:4, Funny)
Scammers scammed - Hilarity ensues.
It's an economy about nothing (Score:1)
NFT, cryptocurrencies, metaverse real estate; are all the same thing: essentially nothing. Just 1s and 0s on computer storage somewhere. Yet, this is how people are getting rich in our current economy.
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https://www.priority1design.com.au/rfid_reader_modules.html
Not saying you're wrong but... What do you think "real" money is today?
Or do you still plan to reclaim your dollar bills' equivalent weight in gold some day?
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Not saying you're wrong but... What do you think "real" money is today?
...Backed by real countries, governments, and militaries? And running with (in many cases) long, unbroken streaks of being fungibly exchanged for almost anything?
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You already are. You pay taxes, and you get police, roads, etc. So yes. Yes you can.
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WTH are you on about? That isn't even in the same conversation as the comment I replied to. No one said dollars were backed by government provided property and services. Also, a dollar is still a dollar whether I pay taxes or not, so maybe figure out what you really want to say
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If you think dollars can't buy governments and militaries, you're a fool. They absolutely can.
Tell me what wrong with my statement, rather than referring to it as a dumb retort.
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How many soldiers and how much road can I get for $1? Your example is poor, and if that is the keystone of your argument, you don't have one worth considering. If I issued coins backed by a militia, with a clearly chosen leader, in some religious commune encompassing an entire borough, where these are used to barter and pay for services, does that make it "real money"?
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There you go again. "your example is poor". That's not a rebuttal. Soldiers and roads can be bought in dollars. What's your point?
In your example, within the context of your parameters, yes - that's "real money". As long as you stay in your context. The difference is that the context of a relatively stable dollar is at least the entire country, and the US dollar's context is much of the world.
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It's not exactly nothing. One of these days a financial advisor is going to convince my Dad and people like him to "diversify" into a crypto ETF (exchange-traded fund) or mutual fund (high fees + crypto-ponzi scam) and suck away his middle class retirement into this toilet bowl De-Fi fad.
NFTs (Score:2)
NFTs are a scam (Score:2)
Bored Ape Yacht Club doubly so.
A fool and his money (Score:2)
A fool and his money are soon parted. NFTs will go down as one of the biggest scams in history.
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You're only the fool if you're the last person left holding the bag. If you can find another sucker, I mean investor, then it's sound investment.
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Unless you're into Pyramid Schemes [investopedia.com] for the educational benefit, right?
but. but, but BLOCKCHAIN!! (Score:2)
$13M in notional value but $135 actual (Score:3)
When things sound realistic I might care. (Score:2)
Cryptocoin is deregulated. QED, no harm, no foul. (Score:2)
Thirteen Million (Score:1)
The only thing any of this crypto is good for (Score:1)
Things like land deeds and so forth are already on a public ledger, but are not permanently recorded ("sorry, cant find any record of of that"), and are too often not fully coherent (where there exits multiple documents filed away that disagree as to who owns a parcel)
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Well, yes and no. It can in theory do that, but that requires a) absence of morons mistaking this for gambling b) assholes trying to defraud the morons and c) actual security and usability and performance. No, "smart" contracts that are more likely to screw _you_ over on the tiniest mistake do not qualify.
Hence at the moment all these crapcoins are good for is exactly nothing, except maybe identifying morons and assholes.
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That's blockchain, not crypto. And blockchain has plenty of really good real life applications (and is used for that).
This whole crypto currency/NFT/whatevertheycomeupwith bullshit on top of blockchain technology is just scammers, liars and conmen (ab)using a system the plebs don't understand to enrich themselves.
Re: The only thing any of this crypto is good for (Score:2)
"Things like land deeds and so forth are already on a public ledger, but are not permanently recorded ("sorry, cant find any record of of that"), "
More like if you give them a few grand, they will actually get up and walk to the file cabinet that it's kept in.
"All my apes! Gone!" (Score:2)
Moron after finding out expensive hot air is still just hot air....
Re: "All my apes! Gone!" (Score:2)
I hope he shouts that in a crowded public space in full view of everyone.
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Hehehe, nice! An onlooker could then point out: "No, there is one left...". (With apologies to all actual apes.)
Re: "All my apes! Gone!" (Score:2)
"There's the ape that escaped from the zoo!" (points finger)
Clever... (Score:3)
I need to come up with a shell company, issue out some NFTs. Oops, got stolen. I "lost something". No taxes due for me because I lost something trying to conduct business. Ahh Shucks.
Exited Apes (Score:2)
formerly known as 'bored'.
Re: Exited Apes (Score:2)
It's funny how these morons can't see the huge directed insult baked into the very foundation of this crap. So I'll tell them:
"Yes, they think you are a bored ape and just as stupid.'
Sooooooooo? (Score:3)
Discord (Score:2)
I hate that Discord and other closed-source "services" have taken over messaging. There is no reason for it.
Re: Discord (Score:2)
Bored Ape Yacht Club (Score:2)
STOP! Just stop, turn around, walk away, and promise never to do that again
$13 million? (Score:2)
I found them! (Score:2)
First, I entered "stolen bored ape yacht club NFTs" into my Google search bar. Then I clicked on the "Images" tab. The stolen NFTs appeared in my browser window. No doubt the Google cache is being used a dead drop for the NFTs by the cybercriminals, possibly in exchange for local weather reports and cocktail wienie recipes, which also turned up in other parts of the Google cache. THE FBI has been noti