A Lot of NFTs Just Got Stolen And I'm Laughing...
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- Опубліковано 24 лип 2024
- Hello guys and gals, it's me Mutahar again! This time we take a look at a massive phishing hack that just took place on the users of the largest NFT trading platform, Opensea. Just what could have happened and how could this have occurred are one of many questions I want to answer but also more importantly, teach you how to avoid this in the future. Thanks for watching!
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T
Hi
Hi
Buge
Bingo
"1.7 Million in NFT's stolen"
*And nothing of value was lost*
Im curios
1.7 million worth of nft can it be converted into 1,7 million actual real currency or is there really no value like can it buy me a boba tea
I can agree
@@KING-lw8nv I think it depends on the exchange value at the time
@@KING-lw8nv An nft can be converted to 0$ or 1 billion $, all it takes is either some retard to believe it has value, or some criminal organization that wants to launder their money this way.
@@KING-lw8nv it would be easy to cash out the 1.7 mil to fiat if they weren't hacked but people probably don't want stolen shit so idk
The fact that someone forcefully taking an NFT makes it worthless is a testament to how useless and stupid the whole NFT "art" bubble is
Yeah every company in the world is hopping on a bubble train 🤡🤡🤡
Screenshoting an nft is like screenshoting the mona Lisa amd claiming it
@@simonjesusbeliever3467 The thing is the Mona Lisa doesn't have any real value
@@krisw9526 Uh are you sure about?? We all know what the Mona Lisa is, can you say the same thing for an individual NFT? That's historical value right there.
I'm not a nft fanboy but if actual physical art is stolen it also essentially becomes worthless until it is returned to the legal owner
A phishing scam only needs to catch you when you're tired, distracted, stressed or otherwise not thinking clearly, so keep that in mind when handling important stuff.
For a system that promotes decentralization, OpenSea sure is a centralized target. It's almost like the system of NFTs has done nothing novel or interesting.
a lot of the technology is interesting theoretically but is architected in a way that scales insanely badly and makes it difficult for it to actually live up to its claims of decentralization without you either trusting some centralized structure somewhere in the chain or taking major pain in the ass steps yourself that usually cost some money
edit: i'm 90% talking about cryptocurrency here. i still havent seen an actual justification for a decentralized system of NFTs
If it wasn't centralized, OpenSea wouldn't get their cut.
NFT Bros are basically normies who think they are special. They say they don't care about money, but actually yes they do. The novelty of NFTs mean nothing to them. It's all about making that bank.
"Stolen NFTs get blacklisted and become worthless."
It's not about the money Muta, it's about sending a message.
Its about stealing dickpics. And sending them to unappropriate receivers.
How does something that is already worthless become worthless?
@@hassathunter2464 Some poor schmucks thought they were worth thousands, not worthless to them.
hope it is
@@GameGod77 i just got a dm advertisement from a userbot on discord for a dicpic NFT yesterday 🤣
Would this be considered karma since a lot of these NFT afficionados have a thing for stealing people's art and making it their own NFT
Considered? That's literally karma!
@@JunkBondTrader not how it works? Research things objectively? Bro, i've seen foreign artists literally vent in anger about how some loser took their drawings and are just selling them unable to report them because of the app being in on the scheme.
@@Fedorah_Mccain NFT creators literally are constantly stealing peoples artwork or using things without permission idk what planet theyre living on
@@JunkBondTrader NFT’s are notorious for IP theft lol… Maybe do some of that research for yourself but not on blockchain circle jerk sites
@@DumasP Apparently they live on StealALot planet which revolves around stealing things from one another
People need to realize most hacks are entirely or partly enabled by social engineering.
We paid for a cyber security firm to give us a thorough analysis of our infrastructure and the first penetration test they performed was walking in unannounced and delivering an invoice in person.
Their guy easily got in by just waiting for someone to open the door, managed to get the receptionist to hook them up with my boss and on his way snapped a picture of the building's fire escape routes which he used to guess the exact location of both our IT equipment and server room.
Imagine what that guy you've been on various Discords with for months can get you to do
"Close to 2mil worth of NFTs were recently stolen."
Me: *Sipping my morning coffee*
"Ah finally, some good news."
For me it was the "shits not given / meh" shoulder shrug.
Buying an NFT is like going to the store, taking your purchases to the cashier, paying, then taking the receipt and leaving everything else
That does sound like nfts
@@Justinhomii Except Amazon actually delivers your shit.
@@astracrits4633 Netflix used to also send you dvds.
@@Justinhomii No one said the same thing about amazon lol you can't even read properly
And than selling you’re receipt back to another cashier at a profit.
Heists then: years of planning to steal an artwork or gemstone made out of immense work or history
Heists now: heisting some...funny strings of code and hex color stuff that is worth thousands of bucks for some reason...maybe artificial "scarcity"
Heists now: screenshots a monkey jpeg
"Cool. Now what?" -thief
@@sgtstr3am785 rip idiots off
damm they leaked the new payday 3 heist
The future is now!
love hearing NFT's getting stolen
The utility of NFT's, from my understanding, is that it's meant to be a mark of ownership of something that's on a blockchain aka if you went and bought something at the Blockchain store, you'd get an NFT as a receipt/title.
The problem is that our current system of numbered receipts and titles works perfectly fine, so NFT's are attempting to solve a problem that doesn't exist. No-one ever looked at a PDF from eBay or Amazon and said "Gee, I wish all this information about this transaction was condensed down to a dubious hyperlink that's represented by a jpg of some ugly artwork".
NFTs are attempting to solve the problem of "how can I get paid a commission for selling something that has no value and which I don't own."
It's truly mind blowing to see how strange this world has become.
Ooooohh
After the first couple of seasons, it really has fallen off
I'm so hyped for Elden Ring I'm now starting to see it everywhere, cool pfp
The world is smart , people not so much
The world isn't any less strange than it always was
Liked this video for what you said within the first 30 seconds. NFT's need to be useful before they have any value imo
based king
i love your vids
I like the programming.
'everything else thats not usefull, but had value ever': Bruh
The champion!
That's the thing that I find incredibly amusing about NFTs and really, the blockchain in general. There's all this talk about how secure it is supposed to be but the thing is, actual hacking attacks are super rare. Unsurprising, really, because why would anyone bother if there's a much easier way to steal the stuff.
The security of the blockchain is only as good as the data that is put into it.
It's like wearing the best armour money can buy to protect yourself and then letting someone poison your food.
The PBCAK/ID-10-T code problem is so legendary in IT that it's a freaking JOKE, how do people not realize just how big of a security risk the user is?
The chain is only as strong as strong as its weakest link, and in machine-human system, human is the weakest one
We need a way to remove humans from the chain, whats with all the password managers and such. I propose creating special microchips that do all the authentication, and implant them under skin so that they are not stolen or lost.
But they have the best armor money can buy! No one would dare try poison them!
I do want people buying NFT's to lose them - but I want the to lose them in the way they are supposed to lose them: When the NFT providers/servers shutdown and the operators just don't buy back anything or give any kind of refund and everything they think they own just disappears forever and all the money they "invested" is just *gone*.
For anyone considering getting into NFT'S. First find some nfts that you like, (most of these are available on any search engine) print them out and put them in frames (this step is optional but they look nicer) now hang your NFTs up in the house you bought with the money you were about to waste on jpg codes.
*reciepts for jpgs
@SAOisgarbage The point is that when you buy an NFT you have not bought the actual image, but rather the link to the image, thus a reciept. This is how they get away with stealing people's art, since what they are selling is not the art itself, but a link to it. I heard of one case where after the scammers got their money, they replaced all the NFT images with pictures of shit, though I haven't tried to confirm if that was true or not.
Or just pay the artist directly, ask them to make artwork for you without using blockchain.
@@theposhdinosaur7276 dmca and other laws still apply to blockhain... it's not some cyber-wildwest type of thing :)
@@theposhdinosaur7276 lmfao I hope that's true that's fucking amazing
Imagine paying for a screenshot and then losing it to a spam email. The best part is that the blockchain will never forget how badly these NFT kids got owned.
it's like the scarlet letter but for stupid people.>:3
Im pretty sure their really well off.
@@YungContentshow imagine making hundreds of thousands/millions off of NFTs and having one stolen, lose $50k, and people poorer than you make fun of you for it.
@@BigHotSauceBoss69 unironically true
@@BigHotSauceBoss69 You say that like they make money off them lmao
My steam acc got phished when I was a kid, remembered that I had a physical cd-key I could use to get it back 5-6 years later and that poor guy that bought my acc had several high value festive tf2 items and new games in my acc.
hahaha thats rough for him
The perfect display of karma
Oh! I would NEVER saw this coming, who would've thought that something with zero safety could easily be stolen?
Came for the NFT laughs, stayed for the legitimate online security advice. Thanks for this video, Mutahar!
Bro have you heard of this thing called virtual machine, man it’s fucking crazy dog
🕺💃
This was a proper balance. I disagree about the ambivalence to NFTs considering their externalities but still, ultimately looking out for folks.
@@MakeLoveNotWar687 Virtual machines aren't going to protect you from being an idiot ^.^
I never check my email so no worries there.
"You think NFTs being stolen is funny?"
"I do, and I am tired of pretending that it's not."
Do we even pretend it isn't?
@@lorekeeper685 i don't think so?
It's even funnier because they've been bragging about the safety of NFTs due to the Blockchain, and then they lost them due to the most basic scam ever.
I would love to get into the NFT market but it's expensive with the gas price alone, something could cost $18 but the gas could be over $400
1 week I've spent 1 whole eth on gas.
That's why i engaged only in crypto trading. A $20,500 profit it's been sent to my portfolio every week, Expert Alice V Schifano is amazing
@@danielfred9267 I have heard alot about investment's Expert Alice and how good she is, please how safe are the profit?
I have also been trading with her , the profit are secured if that's your fear, over a 100% return on your investment directly sent to your wallet, I am a living testimony of her work
My first investment with her gave me $75,800 and that has made me invest without the fear of losing, I got four of my friends that I've referred to her and they are making profit just like me may God bless Schifano
Hah. Serves them right. As an artist I was always kind of annoyed by the cruddy cut and paste collectables on OpenSea. Edit: Greed ruins all good ideas.
Post your work.
@@tukos7370 Yup. I know. I encourage people to post/show their art as well, no matter the type or skill level.
Like I said before, I'm not much of a fan of nft art due to the laundering aspect of it (not that it doesn't happen in the fine arts world) and every grandma drowning out the system with ms paint recolors.
Just like the phoebes cartel
"if you steal an NFT it becomes worthless"
TO THE HIGH SEAS LADS, WE HAVE UGLY APES TO STEAL
If you want to collect trash go volunteer to clean the sea or a park or something....useful.
yeah but preventing people from getting scammed is still something good to do
Yo ho ho and a bottle of rum!
@@ComradeCorvus Drink and the devil had done with the rest!
Yo ho ho and a bottle of rum!
Agree. Now let's hope the NFT bubble will pop soon.
NFTs are just expensive Sonic OCs. You CANNOT change my mind on this.
Can’t wait for the sonic OC NFT
@@NotFckingBen Ahem... *Ken Penders NFTs.*
I never thought I would hear "expensive" and "Sonic OCs" in the same sentence, yet here we are.
At least some sonic ocs are funny
@@junmasuda109 *Kneecaps NFTs*
The idea of storing crypto and NFTs in a safety deposit box is surreal, and really demonstrates their worthlessness.
Almost like having your wealth in a format that can be stolen with a simple copy/paste was a terrible idea.
But as an NFT Artist I encourage the rest of you shovelheads to keep doing what you do. 😘
This is what they get for selling hyperlinks. That's literally all you're paying for, a link. You don't own the image it points to, you own the address the image resides in. Someone could literally swap out your image with CP and by their own logic, they're now in possession of a highly illegal image.
Don't give hackers ideas...
Could you fucking imagine? That would be total chaos.
@@LazGato YES, GIVE THEM IDEAS. HOLY SHIT
Check it out man I got that premium Jeffery Epstein
@@wesnagel4466 Got that Epstein Island Collection
NFTs: *get stolen*
The Internet: “And nothing of value was lost”
DeviantArt
@@AnthonyDoesUA-cami love DeviantArt for their anti nft policy if that's what you're talking about
@@vebz_6872 how does that even work?
@@Nerobyrne i think it works that if DA detects an nft on a blockchain that's the same as an artwork you posted on deviant art it lets you know that your art may have been stolen
@@vebz_6872 hmm, interesting
One place I worked a phishing email with someone's name on it that was familiar to most of the dept and had an infected attachment. We (the IT department) had to wipe and reimage over 20 PCs, probably closer to 40. Please, please, PLEASE make sure you are careful when looking through email, clicking links, opening attachments, etc!!
I feel the same way about NFTs, and have the same reaction whenever a bunch are stolen.
Surprised NFT Owners are surprised about Pirates when the Website is literally called OpenSeas lol.
Well, at least they haven't dugonged
And filled with stolen art
Love this comment and this is coming from a huge pirates fan.
Welp, that’s their problem. NFTs just shouldn’t have been made at all
@SavetionBruhLad bot, report it.
the inventor regrets making nfts
Well, NFTs are a rather interesting subject. NFT stands for Non-fungible token, and this means that its 100% proof of ownership that CANNOT be faked. However, just like anyone, they are vulnerable to the most persuasive people.
That being said, NFTs as jpegs are a nuisance and should be stopped.
@@stalka6279 the blockchain itself is too jank and easily exploited of a mess to be used in its current state. blockchain and crypto technology as a whole needs a **complete** rework before it could at all be used for something useful, much less secure and stable.
@@stalka6279 Wait, is there an NFT as a PNG?
As far as i know the "phishing" was actually done to OpenSea itself. I dont remember exactly how it was done but I think the hacker had a very old account that had some kind of transactions from some years ago, that they somehow could use to create certain kinds of transactions with (I cant remember this part well), which gave them access to doing what they did.
So it seems to me that this was a security breach, rather than a phishing attack, and the victims are not at fault (though not exactly wise, since this would have been impossible if they used a cold wallet).
Fun fact: while they claim 1.75 million dollars worth of NFTs got stolen, as it turns out it was precisely 0 dollars worth of NFTs that were stolen as NFTs are actually completely worthless.
Hey man, I work in Cybersecurity and you’re spot on about access control.
99% of the time people are exploited through email/phishing attack vectors. Was awesome to hear ya say that!
That’s because muta does cybersecurity too.
so this wasnt due to a vulnerability in the blockchain?
That's his day job, lol
Not true. Not even close to true. I make 250k a year as a pentester for a company you know.
@@princesssprinklesthecat4192 it's 100% true, majority of exploits on people are phishing or anything likewise
We should give those who lost their NFTs the same
sort of advice they gave to artists who had work stolen and minted :)
"Well, it wouldn't have happened if you didn't buy NFTs!"
Yes, give those guys, who actually support artists and have been victims to this scam, shit for going into a completely new space and trying stuff out and even being successful in it
Not all NFT bros are devils guys.
@@smittywerbenjaggermanjensen69 idk man ur pfp kinda looks like an nft… pretty sus there 🤨🤨
@@3nvey824 It is an NFT, but how does that make me sus or what i said any less valid?
Y'all throwing 1 Million people in the same bucket and dont see a problem with it.
@@smittywerbenjaggermanjensen69 cope
@@bigmanbarry2299 Thanks for advertising my NFT for free and spending time to ss and edit your profile fam ❤
If you ever get an email from somewhere telling you your accounts been compromised the first thing you should do is open a new tab and independently go to it yourself to see if anything is actually wrong
I find it super scary when blatant criminal services (like money laundering) has better websites than your normal banks.
The beauty of the internet was that information would be free - and could be duplicated in endless quantities. Now they're trying to make artificial scarcity happen and I personally really dislike this trend.
A friend told me about this while we were having wings with the boys and I started laughing histerically in the middle of the restaurant. Truly added a delicious touch to those banger wings
@SavetionBruhLad these bots are getting worse and worse, hopefully youtube does something instead of removing useful features like dislikes????
@@JeloOW nah because that would make us like them, and UA-cam doesn't want that, it only wants us to hate it
if only we had an alternative
@@meatloafer2762 so youtube is masochists...damn
@@JeloOW oh no, this ain't a bot. it's actually a guy who has a discord server, a shit ton of alt accounts and a scammer friend. also him and 2 of his other friends are pedos, so that's fuckin awful.
A very simple tip that might sound obvious but worth mentioning, when it comes to phishing emails make sure if you get an email about your account being compromised or needing to change a password, basically needing ANY personal info, check the email that’s sending it. 10/10 it’ll be a funky email with lots of numbers or a misspell. Weird font and poor jpeg of the logo etc are other simple ways to verify but email is huge. Some have made very convincing emails but their email always gets them. Hope they helps :)
Muta, thank you for joining my journey trough life. I have no idea how long i have watched you but i appreciate you're content. Thanks buddy, trough all the sleepsless nights i've had i've always had you to watch and listen to. Thanks buddy.
📩📩📩📩
Thanks for watching
Feel free to contact me anytime
I've something profitable I'd love to share
15:30 To add to that: Just never click a link in a mail if you didn't ask for it. For nearly all websites that handle your money or important things, you can check these problems on their site as well. If you, for example, need to change the password (which is a good idea anyway), just go directly to the site and change the password. If the mail mentions something else "wrong with your account", go to the site and check your account status. You should have some kind of indication there as well. If you are still worried about it, directly contact the support listed on the website (and not in the mail). Best way to just call them or make them send you an actual mail where they give you a step-by-step instruction what you need to do (not just a link) so that you can be sure they are legit.
Also don't click links in Discord, since now scammers are also using Discord instead of emails.
Yes. I've followed these exact steps for years. Modie explains it here better than I can.
this is exactly what i do
“You just don’t understand it. It’s too technologically advanced for you.” -NFT bros who fell for a phishing scam
Completely agree about NFT utility and it is what I believe most people are missing: There has to be a utility (outside of pure art collection) for NFTs to truly retain consistent value LONG term (not just during the current craze).
And that’s exactly why I open a new wallet everytime I jump into a new crypto project. The real problem here is not when you steal an NFT or (ERC-721 token) cause as SOG said, this can be marked as stolen and worth nothing. The ral problem is when instead of ERC-721 you stole cryptocurrency tokens (or ERC-20 token) which are basically indistinguishable one from another. This ones cannot be marked as stolen because they are not independent. This mean, unlike NFTs which are unique, you don’t distinguish between an ETH or another one. As always awesome video my man. Thanks for your awesome and full of good information videos🤙🏼
“These NFTs aren’t worth the bandwidth it takes to click “save image”.”
-Spantz
true
The bandwidth to download the image, not to click a button
The fact that the NFT's cant be hold on the major marketplaces that everyone trusts is probably the point of the whole operation.
By rendering NFT's unsellable on the platforms everyone uses, the Hacker has effectively removed them from circulation, which means that it's at least that much harder for someone looking for a get rick quick scheme to naively get suckered in and pretty much ripped of by some scummy NFTbro.
Even if that's not the point and this was just for the luls, I see this as a net positive. I like to think most idiots looking to get into crypto, while maybe falling for the NFT hype train, are still smart enough to not get scammed on some shady trading platform that nobody tends to use.
next to work on is: the ability to *delete* something from the blockchain
Get Rick quick scheme
@@indeepjable * *deletes your nft* *
congation and yes that is exactly my example
however i dont have nft's because i have neuron activation codes; which are better and have yet to be tested (they can actually make people capable of thought again]
It reminds of the fine art scam. Until we realize people can make prints for WAY cheaper. Or when trading cards that were "rare" get common reprints. NFT's getting stolen bricks it so it they can't do shit with is provening the point a lot of people been saying of "WTF are you doing investing in this?"
The only nfts I pay for are ones used in games. Like your character is an nft, your weapon is an nft, your abilities are nfts, sell them and buy better weapons, ect.
Hard to feel bad that these “super tech literate” nft bro’s lost out…
$1.7 million in NFTs stolen is 1.7 million L’s for the NFT community.
Good.
Good.
I just hope they change their Profile pictures.
Haven't come across your channel before but after that laugh in the intro I'm sold
I don't get it. If they mark it as stolen and block it's transactions, how does a thief turn the stolen NFTs into cash? On alternatives markets, or basically by insta-selling hoping to cash a few before the hack is noticed?
"virtual pixel collections, probably not the smartest thing"
*me who has thousands in TF2 items* : you know you're not wrong
Except, since TF2 items provide pleasure in that it’s fun to pimp your character, it feels more justified to pay that money than it does to buy an ugly monkey profile picture.
one up from csgo player here
@@revolutionstudios5052 plus you can give them to another player or sell them for money to buy other games on Steam
@@revolutionstudios5052 tf2 items have a use
its used to make ur character look cool
all nfts are ugly af and dont really have a use except to be sold and resold
@@revolutionstudios5052 Yeah, at least for, say, unusuals you got to see those cool sparkly effects on your hats/taunts, they're in 3D, _and_ you can actually sell them back (even the goddamn burning team captain costs only a fraction of a bored ape token)
That opening laugh was my exact reaction when I read the news this morning and again when you read the title for us :D
I hope we get to the point were we don't see NFTs anymore
This is just the very start of this incredible tech. FOrget the artwork, NFT technology implications extends far beyond that. It's a good thing. Honestly Mutah is so clueless when it comes to anything crypto.
@@JunkBondTrader Implications, yes. That's all it is for now.
NFT's are not ready right now and at the moment they shouldn't be a thing. They're too wasteful, 99,9% of them are scams, they have too many issues
Nft technology is not ready people are applying the technologies in a bad way
@@JunkBondTrader cringe and bluepilled, i've seen your other replies
@@JunkBondTrader nah, thanks, I don't want to be scammed for a receipt saying I bought a shitty randomly generated JPEG
Imagine explaining to someone 30 years ago that a screen projection showing a bad drawing of a monkey will cost millions of dollars and that people will try to steal them through funny strings of text in a virtual mail system.
That was funny. Thank you for the laugh.
30 years ago was 1992, I don't think it would be that hard to explain
As someone who worked with people on finances, I am honestly terrified and sick to my stomach with how little people know about investments and identity security. They call companies they never heard of before and give their personal information without doing research on the company or product they offer. My company is legit, and we protect our clients information, but if they call us with so little research, most likely they also call fake companies that promise things that are not possible.
I will shed the worlds smallest tear for people who bought a jpeg monkeys for 300k and then lost them though a trick.
The guy who stole those NFTS is a true chad
guy btw. probably a whole organized pajeet group.
You know, when I read news that some NFTs have stolen art and *this* happen. *Call it a double combo of stealing*
I knew one girl I used to work with a while back, lost her job after getting caught in a phishing test at our office. When I asked her how they got her three times in a row she told me "she thought the different URL was just a typo". Innocent enough since we are in the day and age that people just dgaf about their grammar and spelling online, but I had to explain to her that even if it was a typo then it meant it was going to a completely different location, the browser isn't going to say "oh i think you mean THIS url", because computers work precisely as they are programmed. No shortcuts, no second guessing.
A nice tip to avoid account authentication phishing attempts is anytime you get an email saying you need to reset your password, verify your info, or your account is locked... Don't click on the link, but go into your browser, manually access your account and check and see if there is a security notification for your account.
Any place that legitimately has an access breach on your account will prompt you to take action upon login or they will provide you with a security warning.
Y'know it's going to be a good video when Mutahar starts laughing in the first 5 seconds.
The first five seconds, even.
The thumbnail, if anything
Facts. I clicked out what I was watching to come watch
All videos good👹
Yep
It´s insane that phishing exists for about 30 years (roughly) but people still allow themselves to get fucked by it. I just.. don´t get. My grandmom knew what phishing is 15 years ago.
As for NFTs.. I will probably celebrate every bad news about them.
Your grandma knows it. But the elderly still fall for it.
if a scams around for 30 years that means it's effective that's why
The reason why phishing still works is because these people are just as smart as a fish.
A lot of phishing in crypto involves connecting your digital "wallet" to a smart contract. Anyone not computer savvy or can't read code would easily fall for it
The kind of people that buy NFTs are not bright enough
By the way, cash tumblers are being banned form exchanges, any wallet that sends to a cash tumbler is no longer eligible to trade on most centralized exchanges.
anything that says 'get started' or click here or anything CTA, I don't click and go directly to the site it self and see if I can find any message from there. Not into crypto yet, just learning and very much not a tech person.
Watching bad shit happen to cryptobros always puts a smile on my face
Same
It’s the future bruh. Meta verse bruh. To the moon bruh. My favourite rapper and influencer like it bruh. You go to your 9-5 while I get rich bruh. I have cool monkey profile pic bruh
Bruuuhhh
@@Angels510 mhouahah bruuuhhh !!
@@Angels510 you have the default profile picture,argument invalidated
Yo Muda, just for funzies: Join the OpenSea discord, go to the 'Community Help' channel (It's for other people to just give advice and help each other with stuff) and post LITERALLY anything in there asking for help or reporting some bogus issue. As long as you don't have DMs from that channel block... Just BEHOLD how many phony, random, insane people you get DMing you pretending to be some kind of customer support.
Seriously. It's insane. Some are pretty convincing too! Idiots who don't read the discord rules that clearly say "No one from OpenSea will ever DM you on discord, ever, ever ever" constantly get swept up in them, and you can see them admitting to getting hacked for trusting these phishers in the same discord all the time. It's never been so easy attracting malicious actors!
Some people are too gullible to these scammers. I also see the same pattern on any crypto subreddit whenever they don't receive whatever digital asset they should have been received.
I was in the PancakeSwap Telegram a year ago and it was non stop. Some guy sent me to a page to exchange some coins and it wanted me to enter my seed phrase to "guarantee the end to end encryption" he said. I entered a 12 or so word sentence describing how awful his mom must have been.
People that complain loudly about getting hacked paint a pretty big target on their back as being gullible.
I mean, finding suckers in an NFT server is pretty much a given...
Makes me wanna screenshot the red text explaining that this particular nft was phished away on every nft stolen during this attack and make an nft collection out of those screenshots.
We're laughing, cryptobros lost millions of dollars worth of NFTs and We are laughing
Unfortunately, this most likely won't stop NFTs anytime soon
The more stuff like this that happens, the closer the bubble gets to bursting. The only reason people buy these things is as an investment that they hope will make them money - the more they start seeing that NFTs can be stolen with zero repercussions, that most NFTs dropping in value after they buy rather than increasing, and most of the projects on NFTs not delivering on their promises making the NFTs worthless they will start to view it as an extremely bad investment and stop buying into it.
The bubble will burst when the amount of suckers buying nft reaches 0. There only so much ppl are capable of spending until eventually a nft become to pricey and thus unsellable.
well if the report i read that organized crime and drug gangs are buying those to hide there illegal money, so they are using them as part as money laundering schemes
@@redred222 "so they are using them as part as money laundering schemes"
No they aren't. Those are lies told to make you feel as if they have value.
There’s a law in place going into effect in 2023 where any nft transaction over $10K has to be oversees by the IRS, effectively ending all the money laundering bullshit from NFTs.
Thumbs Up! Thank You for breaking this NFT racket down. With your confirmation of what I suspected about NFTs and the people involved, I remain gobsmacked.
Researching NFTs is like researching lasers. There are uses and potential for it, but people think that it's sci-fi magic.
hey, I've never seen a global scale ponzi scheme with lasers
that sounds 300x more interesting than jpeg of ugly apes
Lots of uses and potential?
How does it contribute other than owning a few pieces of code that u don’t know how it works
@@gamercentral2417 You can create software that acts independently of any major power or company.
You can work for no one, and everyone at the same time. You can run a server where price is decided by hardware competition, not aws.
Instead of having programs act on demand. Decentralized applications start to behave more independently. As long as they have food, which would be something called gas or ether, it will keep running. Decentralized applications can run more like independent, virtual beings with its own lifetime.
We can create systems that are trustworthy. Where all acting sides know that their terms will be followed. Which is why we often call decentralized applications "smart contracts".
We can reform the judicial system to take into account the behavior and decision making of all parties. We can reform the political system where biases and conflict of interest are forbidden.
We can create a world that is terrifyingly "fair" to all. Regardless of who the person is.
@@rumplstiltztinkerstein You can`t create soft that act independently of hard. One knife, one wire and the god is dead.
Oversimplification would be. Laser can make you a tool, NFT can`t. End of story
@@rumplstiltztinkerstein None of that is NFT.
NFT is probably the most useless technology craze rn.
What a lot of people don't understand about nfts is that you don't actually buy the photo, you buy a position in a random database someone made, which is identified by that photo.
I know and that's even dumber you own nothing but a Jpg line
I got 2 NFTs, Non Functional Testicles
@@Tactical_Tailgater LMAO
Haha the ad right before this video was all about the safety of nfts
a system were you buy/own something digitally has existed long before the block chain. iTunes is over 20 years old now, Steam is 20 years old this year.. i can go on and on.. the nice thing is you will ace a local copy of said thing you bought.
I hope it was absolutely devastating to these people. Sometimes you need to learn the hard way that what you are doing is incredibly stupid. Can’t wait for NFTs to cause an economy collapse because people insist on investing into a non-physical concept. Just a matter of time until something like this happens on a large scale after 50%+ of worldwide currency has been spent on this stuff. Really goes to show some serious flaws with currency systems.
NFTs are just the latest in a long stream of obvious scams. At least the target isn't low-income people like crypto pyramid schemes.
I for one am glad this is happening now and to jpegs of monkeys, rather than in the future when the crypto bros manage to convince everyone NFT's are a great place to store the deeds to your house.
You people are actually deranged when it comes to NFTs. You never provide reasons as to WHY they are bad, its just a circlejerk.
@@ye9945
Video is about a bunch of people losing millions because they misclicked on an email and you say nobody can provide a reason they are bad? This is why they are bad.
Some of the people pushing NFT's want them to be used to denote ownership of pink slips or house deeds or when the 'metaverse' comes along literally everything will be on the blockchain. If you can't see why having someones house ownership be able to change hands with a click of a button then no other argument will actually work on you anyway. We have systems in place to work out ownership of items. It's not like before NFT's people just guessed who owned what. All NFT's do is offer a similar system to solve the exact same problem, but be unregulated and with added scams.
If you want to put hundreds of thousands or million of dollars worth of asset onto the blockchain for no benefit, go for it. But pushing others to do the same is ridiculous.
how can it create a crash when these idiots get bigger unemployment checks than I get as a legitimate Disabled citizen?
people should stop saying that buying nfts is "buying jpegs" ... IT'S EVEN WORSE THAN THAT! you're literally just buying a LINK to an asset... That's IT. A LINK. If one day the owner of the server hosting your image decides to take it down well... too bad! your NFT isn't an image anymore, it's a 404 page.
I'd pay more for a 404 page than a nft
@@no1cratee49 or an image not found like Google photos does when your image is remove it is replaced with a red stop sign
Why can't we just mint more nfts to replace the ones that were stolen?
The media on open sea is hosted on Google photos
but a 404 page wearing a different hat.
If I wanted to see a bored ape I'd just go to the zoo
📩📩📩📩
Thanks for watching
Feel free to contact me anytime
I've something profitable I'd love to share......
NFTs are so stupid. This is all so weird!
All the love to the hackers, the NFT cringe was unbearable at this point. Let the Crypto market be the next, hope it dies.
Yea nfts
Wouldnt do much good For society
As for crypto
They are aight so there isnt a need for it to die
I agree 100% this whole crypto thing is getting out of hand
Cryptocurrency is ok but it shouldn’t be mainstream
Yeah, cryptocurrency needs to die and let central banks rule over us.
@@LazyKeyboardWarrior ye
Central banks can defenitly be *trusted* and surely wont be doing anything *sketchy*
Some NFT bros on Twitter already talking about taking it to court...
...
Good luck finding a law that'll cover that 🤣🤣🤣
"Mister judge, I lost millions of dollars bc I purchased this digital monkey -"
"Case dismissed "
Gotta love how these tech anarchists love to boast about not being tied to the government until they get screwed by another anarchist.
They need to go to karma court. Would be as effective.
@@enthiegavoir5955 everybody hate the government till their links get stolen 😂
There're some LOL trading cards the store I work at sells and the stand says you can enter something for a chance to win an NFT. I see it every day and I'm not sure I like imagining what introducing NFTs to kids would entail
Elrond has true nft ownership as the ownership is shown within your actual wallet and the data is stored on chain. This also helps with security. Project like Gnogen, Plata, and Drifters are trying to bring actual utility with nfts and even offer nft staking. Pretty neat stuff
NFTs sucks
@@quanzoow cause you're uneducated on the use case potential. It's also incredible for digital artists as they can earn royalties on chain no matter where the nft gets sold. With elrond you can even implement binding legal contracts within nfts for things such as real estate for easier transfers of physical assets if you tie them to an nft. This opens up the market to be more free and gives solutions for easier p2p transactions so that you don't need third parties. You could even issue privacy onto these assets via panther protocol.
You’ve proved my point, why would anyone want to spend money on something I can get for free and is also very stealable
@@quanzoow you didn't read anything I said and your response shows it. For one, many creators give you the rights to the image when you buy the nft. Drifters does this. You also missed the point of how these can be tied to actual assets like real estate. See centrifuge for details on that. Theres currently a racing simulator game project called plata raising funds from their hand drawn nft art to allow users who hold their nfts to use those assets within their game when it launches. This market allows for independent creators to gather funds and make things independently. They also work under their consumers rather than corporate entities allowing for more user input. Again, you're literally uneducated. What's the point of right click save if you can't do anything with the image you downloaded. You don't get any utility because you don't own the image or the code within the Metadata making it completely unusable within projects that have utility. Congrats
@@LuciferArc1 Windows key + LShift + S.
They literally fell to the oldest trick in the book. Phishing.
Well it's open sea for phishing from pirates
And before that they fell for an even older trick: The pyramid scheme.
@@hassathunter2464 I believe Ponzi's are more common than Pyramids in the Cryptobro world
This is biggest W everyone against NFTs can ever even benefit from.
Kudos, Mr. Hacker. You most def have my respect.
Ew a furry 🤮
@@radicaIized he actually liked his own comment to inflate his ego. I'm not sure if this is sad or funny.
@@LarnrothSDergan sad, it's sad.
@@Darknessblade4me ikr? Like who gives? it's 2022 lol
Stolen art = worth money
Stolen vehicle =worth money
Stolen treasure= worth money
Stolen NFT= worth nothing
Almost as if a jpeg online isn't actually worth anything cause there's nothing tangible
Imagine having most of your networth be a .jpg
The fact you don’t think NFTs are a good idea and still give people advice on how to be safe with a cold wallet, proves you’re a stand up guy. Respect.
Not only are NFTs beyond stupid in their current state, but they're devastating to the environment. That's my biggest problem with them.
Some are. Not all
NFTs are stupid but how in the world are they destroying the environment
@Lena Tama That doesn't sound like a whole lot of emission to be honest. Cars use a lot more I'm sure.
I've done some research and found that there's a secondary blockchain option on opensea called Polygon that produces 1 in 44,000 the amount of CO2 emission an ethereum nft can produce. So yea not all nfts are bad for the environment, but they're still a jpeg image so don't waste your money on them
this makes no sense. it's not the nft's that are devastating to the enviorment you are talking about the ethereum blockchain. the ethereum blockchain used up tons of electricity even before nft's existed and it's soon changing to proof of stake not proof of work (which is what uses the electricity). I don't like NFT's but people who keep bringing up this argument are so stupid.
If you get an email that you were hacked and need to change your password and you're worried, you *can* change your password for your peace of mind. But DON'T CLICK ANY OF THE LINKS IN THE EMAIL. Go directly to the website in question and change it from there. You should also change your password if you think you clicked on a weird link.
If you invest in something that can be literally deemed worthless at a snap of a finger.....well you're on the bottom rung of the MLM.
Oh damn, wait until they hear about the copy/paste button or , god forbid, the *printer*. Gonna have a real hard time tracking those thieves once they go physical... Selling prints of those nfts in the parking lot of their local Dennys to all the little zoomers looking to get their fix of the same monkey wearing slightly different articles of clothing.
Almost sounds like a Black Mirror episode
Or a PSA.
"You wouldn't pirate a car, would you?"
@@scootza1 I'd only pirate a pirate car
Hay man, hook me up I need my fix. how much for a half????????????
Oh trust me, they heard of it and are shitting their pants
I've been stealing NFTs everytime I see one just to spite the whole thing
I don't respect anybody, but you're an exception.
People that create NFTs I will hate
People who steal NFTs I respect immensely
You have gained all of my respect
Based and redpilled
sigma male killionaire grindset. Why buy something when you can steal it
But… but… “the bLOcKcHaIn iS sECurE” lmfao