{"id":78328,"date":"2022-01-15T01:00:35","date_gmt":"2022-01-15T06:00:35","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=78328"},"modified":"2022-01-13T15:19:24","modified_gmt":"2022-01-13T20:19:24","slug":"bored-ape-yacht-club-nft-theft-shows-the-ease-of-hacking-crypto-geron","status":"publish","type":"post","link":"http:\/\/danielschristian.com\/learning-ecosystems\/2022\/01\/15\/bored-ape-yacht-club-nft-theft-shows-the-ease-of-hacking-crypto-geron\/","title":{"rendered":"Bored Ape Yacht Club NFT theft shows the ease of hacking crypto [Geron]"},"content":{"rendered":"<p><a href=\"https:\/\/www.protocol.com\/fintech\/bored-ape-hack-nft\" target=\"_blank\" rel=\"noopener\"><strong>Bored Ape Yacht Club NFT theft shows the ease of hacking crypto<\/strong> <\/a>&#8212; from protocol.com by Tomio Geron<br \/>\n<em>The blockchain puts power in the hands of individual crypto owners \u2014 which also makes them targets for criminals.<\/em><\/p>\n<p><em>Excerpt:<\/em><\/p>\n<p style=\"padding-left: 40px;\">The story of an art gallery owner who had $2.2 million worth of Bored Ape Yacht Club and other\u00a0NFTs stolen\u00a0is just the latest example of crypto theft, illustrating the vulnerability of buyers as a broader set of consumers venture into the field.<\/p>\n<p style=\"padding-left: 40px;\">With NFTs, the issue has grown in importance as the market has transformed from a niche hobby to an active market filled with speculators and investors.<\/p>\n<p style=\"padding-left: 40px;\">Todd Kramer of New York\u2019s Ross+Kramer gallery fell victim to a phishing\u00a0scam\u00a0in late December, according to a\u00a0now-deleted\u00a0tweet. He stored his NFTs using an internet-connected hot wallet \u2014 a less secure method \u2014 and a thief made off with 15 digital tokens worth $2.2 million.<\/p>\n<p><span style=\"color: #800000;\"><em>From DSC:<\/em><\/span><br \/>\n<span style=\"color: #800000;\">How&#8217;s the legal field doing here? Law enforcement? Governments? The banking systems?<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bored Ape Yacht Club NFT theft shows the ease of hacking crypto &#8212; from protocol.com by Tomio Geron The blockchain puts power in the hands of individual crypto owners \u2014 which also makes them targets for criminals. Excerpt: The story of an art gallery owner who had $2.2 million worth of Bored Ape Yacht Club [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[277,387,858,306,825,285],"tags":[],"class_list":["post-78328","post","type-post","status-publish","format-standard","hentry","category-art","category-business","category-cryptocurrencies","category-economics","category-law-schools","category-legislation-legislatures"],"_links":{"self":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/78328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=78328"}],"version-history":[{"count":1,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/78328\/revisions"}],"predecessor-version":[{"id":78329,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/78328\/revisions\/78329"}],"wp:attachment":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=78328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=78328"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=78328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}