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.

  • ForgotAboutDre@lemmy.world
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    7 months ago

    If the insurance company thinks the nft can’t be stolen, it’s money for no risk. That’s why they would easily accept insuring an nft.

    I think you misunderstood my comment.