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Banksy was warned about website flaw before NFT hack scam

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Summary

Banksy was warned that his website might be hacked when selling his first nft which he ignored. A fan got scammed out of $336,000 but when publicly started showing up and the fan posiblly knowing the id of the hacker, the hacker returned the money but the fan lost 5 grand in transactions.

 

Quotes

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Artist Banksy's team was warned his website had a security weakness seven days before a hacker scammed a fan out of $336,000 (£242,000).

On Tuesday a piece of art was advertised on Banksy's official website as the world-renowned graffiti artist's first NFT (non-fungible token).

A British collector won the auction to buy it, before realising it was a fake.

A cyber-security expert warned Banksy that the website could be hacked, but was ignored.

 
banksy fake NFT on his site

 

My thoughts

nfts are stupid already, i dont know how this gets more stupid. Banksy should have listened.

 

Sources

https://www.bbc.com/news/technology-58437753

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A fan got scammed out of $336,000 but when publicly started showing up and the fan posiblly knowing the id of the hacker, the hacker returned the money

772e249f7922471e6763c9ec594b9e5f.jpg

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Just now, CTR640 said:

772e249f7922471e6763c9ec594b9e5f.jpg

yea ik seems cringe.

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36 minutes ago, James Evens said:

Isn't this not also art? might now be worth more then 336k...

 

Btw. not an art expert.

by definition it is

as this comment is

 

random narrator: here we can see the magnificy of exceptional user comments on a tech forum...

the anonimity of users unveals a burst of excellence, giving strong and superb sense of things

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Just now, Heliian said:

Was the scam the art?  

 

Banksy showing off how dumb people are again? 

could be.

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NFTs seems like a massive scam operation in its entirely.

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5 hours ago, williamcll said:

NFTs seems like a massive scam operation in its entirely.

Why? The technology is actually a really good thing and prevents fraud from happening. Identifying an original piece of art is extremely hard. 

ƆԀ S₱▓Ɇ▓cs: i7 6ʇɥפᴉƎ00K (4.4ghz), Asus DeLuxe X99A II, GT҉X҉1҉0҉8҉0 Zotac Amp ExTrꍟꎭe),Si6F4Gb D???????r PlatinUm, EVGA G2 Sǝʌǝᘉ5ᙣᙍᖇᓎᙎᗅᖶt, Phanteks Enthoo Primo, 3TB WD Black, 500gb 850 Evo, H100iGeeTeeX, Windows 10, K70 R̸̢̡̭͍͕̱̭̟̩̀̀̃́̃͒̈́̈́͑̑́̆͘͜ͅG̶̦̬͊́B̸͈̝̖͗̈́, G502, HyperX Cloud 2s, Asus MX34. פN∩SW∀S 960 EVO

Just keeping this here as a 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Regardless of what people think of NFTs, surely Banksy is extremely liable for this? Even more so after being warned about his website’s vulnerabilities.

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5 hours ago, BuckGup said:

The technology is actually a really good thing and prevents fraud from happening. Identifying an original piece of art is extremely hard. 

In the sense of identifying an original yes, but currently not in the practical sense as anyone can grab an image, create an NFT, claim to be the original and start selling it, with the extra problem of the concept of "the original" fading in the digital realm (which is partly why they were created) as a copy of an image is that same image. No difference in paint composition, no difference in brush stroke etc.

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8 minutes ago, ZacoAttaco said:

Regardless of what people think of NFTs, surely Banksy is extremely liable for this? Even more so after being warned about his website’s vulnerabilities.

 

Depends what happened behind the scene's, we know someone tried to reach out about it, but it''s not clear why there was no response. If for example that part of things is handled by some web developer who was out with COVID there wouldn't be anyone who could respond or fix things.

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On 9/6/2021 at 5:57 AM, williamcll said:

NFTs seems like a massive scam operation in its entirely.

An instrument of money laundering to be exact.

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People who like Bansky are mostly idiots.

 

People who buy NFT's are mostly idiots and/or crooks. 

 

I would not be at all surprised to discover Bansky himself is also an idiot and/or a crook.

Corps aren't your friends. "Bottleneck calculators" are BS. Only suckers buy based on brand. It's your PC, do what makes you happy.  If your build meets your needs, you don't need anyone else to "rate" it for you. And talking about being part of a "master race" is cringe. Watch this space for further truths people need to hear.

 

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On 9/4/2021 at 9:51 PM, 12345678 said:

by definition it is

as this comment is

 

random narrator: here we can see the magnificy of exceptional user comments on a tech forum...

the anonimity of users unveals a burst of excellence, giving strong and superb sense of things

The expression of one's self through writing, is a form of art in itself.

Thus, @12345678 is deemed worthy of 336K.

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On 9/4/2021 at 9:10 PM, James Evens said:

Isn't this not also art? might now be worth more then 336k...

 

Btw. not an art expert.

Yeah, this would fit Banksy to be honest... it's the same guy who had a painting shred itself right after it was sold at an auction

Don't ask to ask, just ask... please 🤨

sudo chmod -R 000 /*

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also watch out, more NFT scams are coming. Big creators pushing their luck with these scams before the law bans or deals with the copyright issues.

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