- by foxnews
- 03 Apr 2025
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.
Phishing scams, the most common type, entice users to accidentally hand over the credentials to their cryptocurrency wallets, with which a fraudster can initiate an irreversible transaction.
The $100m total does not even include the single largest NFT-related theft, of $500m of digital currency from NFT-based video game Axie Infinity. Those hackers, believed to be North Korean state actors, left the Pokemon-like NFTs alone, and instead stole the money that players had deposited in the system to power its in-game economy.
An airline flyer said a seat squatter tried to tell her to swap seats with him, but she stood her ground, prompting a social media debate. A travel expert weighs in.
read more