More than $100m worth of NFTs stolen since July 2021, data shows
by Alex Hern UK technology editor from Technology | The Guardian on (#62VT4)
Criminals took an average of $300,000 worth of non-fungible tokens per scam, says cryptocurrency firm
More than $100m (85m) worth of non-fungible tokens were stolen in the year to July, research shows, with criminals making off with an average of $300,000 per scam.
Criminals have stolen valuable NFTs - crypto assets that confer ownership of a unique digital item, often a piece of virtual art - in a variety of ways, according to a report by the cryptocurrency analyst Elliptic.
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