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So the hacker compromised... something, and then the security team had time to notice and somehow move 800 NTFs to their account. I'll admit I have very little
by boomboomsubban 4y ago
So the hacker compromised... something, and then the security team had time to notice and somehow move 800 NTFs to their account. I'll admit I have very little knowledge about crypto, but I don't understand how the security team could notice the theft midway.
Could the hacker only move so many things at one time? But then why was the security team able to move everything at once?
It sounds to me like the hacker got away with the somewhat easily laundered funds and the security team tried to cover their ass by saying they saved the hard to launder NFTs. Or the security team was in on it, I have zero trust in a crypto security team.
edit what the hell is Project Venkman? Here's the start of their about section
>Project Venkman builds loyalty and membership NFTs for some of the world’s biggest brands and celebrities. As Web3 continues to evolve, we do too.
What does that mean? "We've convinced important people that we are ready to be whatever company Web3 eventually decides is necessary."
- gus_massa 4y agoMy guess is that the attacker only wanted to steal the ETH and was successful. Later the security team saved him from an hypothetical second attack that was never going to happen anyway. Washing the fungible stolen ETH looks much easier than washing then NFTs.