Axie Infinity NFT Game Gets $620 Million Stolen By Hackers In One Of the Biggest Heists Ever

[@YongYea]

Oh no. Anyway. SURPRISE MECHANICS (MERCH): www.yongyea.com PATREON: www.patreon.com/yongyea TWITTER: twitter.com/yongyea TOP PATRONS [CIPHER] - Joseph Lavoie - Mick [BIG BOSS] - Coopster - Devon B - Jonathan Ball - Sarano [BOSS] - Charlie Galvin - Gerardo Andrade - Michael Redmond - Peter Vrba - Time Dragonlord [LEGENDARY] - BattleBladeWar - D Kurtti - TacoBell Call911 - Theron Webb

[@DirkLasermaster]

Profound

[@calls7989]

oh no.... anyway

[@ofearghailthefearless6481]

I should've known you'd quote that!

[@ardent835]

I hope the hackers are enjoying that money

[@ryuuotaku35]

That’s a lot o money. Reminds of die hard the movie.

[@sgtspoon2313]

It wasn't a heist, it was a surprise liberation.

[@ashumon23]

yeah okay Britain

[@paulsmith5684]

It was a surprise liberation.🤣🤣🤣🤣🤣🤣🤣🤣.

[@ascync.ccp.0inull829]

"WOOHOO, jackpot baby!"- Wolf

[@XemnasO01X]

Yup sounds like something EA would say.

[@gamrage]

A heist would insinuate that whatever is stolen has some form of actual monetary value.. HAHAHA!!

[@wolfy6815]

Another NFT game that has lost "millions" what a shocker

[@sebastianalbert4212]

Even if NFTs were useful they are soo filled with scammers

[@ReigoVassal]

@@sebastianalbert4212 NFT was supposed to be some kind of DRM for artist. But have been misused by the scammers.

[@yudhiadhyatmikosiswono9082]

Let's not forget that all NFT are basically are just copy paste art. Also some NFT actually stole arts from other artist especially anime fan artist. Those art can come from early '90 and i doubt the artist give permission or royalty for their arts.

[@SidereusOfTheFallen]

@@sebastianalbert4212 And all because of its most advertised features! Anonymity and intrackability. And transactions being irreversible and immediate.

[@ricardohoang8452]

@@ReigoVassal As it's used for scamming mostly lol

[@the_furry_inside_your_walls639]

We don't give NFT bros enough credit for the incredible things they do. They've designed a new medium for hackers to steal money from without bringing about harm to public services or medical infrastructure. It's truly innovating.

[@xdas11]

Noble prize is in order 👏👏👏

[@Aereto]

Steal from the rich, but now what? [̲̅$̲̅(̲̅ ͡ಠ_ಠ)̲̅$̲̅]

[@xdas11]

@@Aereto spend?

[@RichterTheRat]

@@Aereto Give to projects you want funded.

[@xdas11]

@@RichterTheRat that's too

[@OpinionatedHuman]

As a former IT pro I always laugh when I see things about "the magic" of blockchain and how something digital is somehow protected by something else digitally. The hard truth is anything software protected can be hacked. What's next, VPN is safe? oh wait....

[@dakat5131]

"Crypto" just seems like some buzzword they can sprinkle on anything and pretend that it's suddenly revolutionary. Even if the actual technology used doesn't guarantee any of the things they claim it does.

[@NetBattler]

I uses VPN just for browsing the cool profile picture.

[@FightCain]

Never knew people use VPNs for security. I use it to watch stuff not available in the US.

[@JoCaTen]

@@FightCain as long as you aren't using VPN for shady stuff you'll be safe, if you try anything else then you'll be exposed, real IP traced through the VPN's IP and yeah.

[@mxcristian11]

But...how else am I able to watch shrek the third without a VPN

[@am3049]

Seems convenient when a LOT of contracts and their creators are starting to see repercussions from the law. I'd keep a close eye on this one I wouldn't be surprised if they hired the hackers themselves.

[@GandalfTheSilver]

Hard to feel sympathy for companies peddling NFTs, especially so in this case.

[@mediumvillain]

Not just peddling NFTs, the entire purpose of this game is to scam players. Playing is basically a job (for some ppl it is literally their primary source of income), you have bosses that skim off of everything you make and the company behind the game takes a cut.

[@GandalfTheSilver]

@@mediumvillain Yep. Except most jobs don't have a $200 buy-in.

[@Benri05]

@@GandalfTheSilver it's not always $200, right now you can get it with just $50-60, pricing is dependent wih how the coin ingame is doing.

[@breezywinter4646]

They see it as a loss but we see this as an absolute win.

[@ricardohoang8452]

This is a big victory lol

[@chaddwickfincher5835]

Yep

[@harlandcromartie3465]

We all knew NFT was bad idea implement it because some Companies Gonna get hack and all their money by trying Trick people Into getting ripped off from NFT's and no gamer Ask For them or Wanted them

[@cornflakeshumunculus8373]

Coffin dance meme music plays

[@kennyadvocat]

I hope the hacker deletes his key so they can never get the coins back. Shut these stupid games down for good.

[@NexusApollo]

Honestly, I'm not even mad. Good on those hackers, hopefully they can use those funds to better themselves and their families. While companies advocating NFT's screech in absolute terror.

[@kabardino1337]

Discordo. Não acho que bandido vai usar dinheiro pra sua família, são simplesmente babacas

[@mattyl9299]

or just buy a bunch of stupid expensive shit and gloat over everyone else who isn't as rich as they are

[@CrimesForDimes]

@matty l That is a possibility. But let's try and think positive about it.

[@KripticHCS]

Unfortunately or maybe fortunately idk, the hackers will not be able to do anything with it. The feds keep a very close eye on the wallets with the stolen funds and there is no current way for them to launder it and hide their traces. While anyone investing in this is an idiot, it also hurts seeing people getting scammed or robbed

[@gamer-px5cu]

No family needs 600 millions

[@thenerdbeast7375]

It is easy to feel like the thieves are like Robin Hood dispensing some sort of justice but the thing is they didn't rob this NFT Game because of some moral standing, they did it because they could and the profits were worth the effort. A criminal to a criminal is still just a criminal and would have no qualms doing crimes against ordinary people if it was worth their time.

[@checkoutmyplaylistsforente8054]

Yes I agree however if that criminal also won't hesitate to exploit fellow criminals if given the chance then they are in my book "better" than the ones that only traget innocents. But I still hope they get caught before they do further damage to other people.

[@arturoaguilar6002]

To rob a thief...

[@_Woo]

It seems the more "secure" something is, the larger the amount you can steal from it and the less likely you are to track it.

[@p0Rp]

I've never rooted for the downfall of something so hard like NFTs and crypto

[@S0LlDF0X]

Whats wrong with Crypto?

[@Pyxis10]

@@S0LlDF0X You mean besides it's environmental impact, wild shifts, and scammy nature?

[@Red-zn5oz]

@@S0LlDF0X It a scam

[@NetBattler]

@@S0LlDF0X NFT itself is a scam

[@blackfacegaming191]

Nft”s, yet Crypto, no

[@Masuo15]

Damm, you can tell YongYea is so glad for NFT's failing, he didnt even care to leave out the outro outakes. And I cant blame him

[@Yorium.]

He his just a rich American not understanding thousands of people actually work as scholars from people that own axies team and make 200$ or so each month that way, enough to pay rent and food here in vietnam for exemple, it's just one again another exemple how westerner only care about themselves and don't give a fuck about poorer country.

[@Moonwhalerr]

He does it every so often. Lol probably just not worth the time to edit it.

[@fercho.7776]

thought of it as an april fools joke. like, wtf is wrong with my wifi? lol

[@TheSoulCrisis]

Lmfao I was like oh shit Dr. Strange time loop is in the house. xD

[@ricardohoang8452]

Masuo15 I mean who isn't glad of this news? 🤔

[@grahamlord86]

"We don't have enough investor protection. It's like the wild west." Yes. This is by design. This is what unregulated and decentralised means. This is what you asked for.

[@silentark6023]

The funniest bit that was barely mentioned. Because of the blockchain, they know where the money is, they know the account. But also because of the way blockchain works, they can't do jack about it until they find the owner IRL and make them transfer it back. Stuff like this is a casual reminder that blockchain tech as it is now, really isn't suitable in a currency system.

[@kennyadvocat]

yup. Nothing stopping them from deleting their wallet locking the stolen coins forever.

[@RevolutionaryOven]

Heisters: "We'll steal your money through NFTs." Company: "You can't copy NFTs." Heisters: "We'll transfer ownership."

[@ricardohoang8452]

Is it ironic to support the hackers now? 🤔😂

[@shadiafifi54]

Company: *surprised Pikachu face*

[@litt5211]

Sounds to me like many of you need to do more proper research on how to get in the right nft's. I noticed alot of people are too lazy in there research and just invest. Thats how those hackers or rather transfer ownershippers just walk away with your money. Smh. And people just go and blame the nft space all together, alot of lazyness in research and finger pointing going on usually in crypto with new people.

[@ricardohoang8452]

@@litt5211 Haha sure just imagine telling people to researching more about this scamming investment because your NFTs have been hacked! Like the NASDAQ, the banks and the taxes haven't goddamn scammed most people enough already! And if your NFTs are hacked, it's clearly because of your loss, your stupidity 😁

[@josearturofloresbuenfil9057]

@@litt5211 I think you just defined 99% of the human race including me. most people don't have time or desire to do research. ☹️☹️

[@wolfrainexxx]

If someone stole this money through normal theft, I'd be deeply angered... that it was NFT's, all I can say is, "We told you so."

[@V3x4ti0n]

Y'know, while I'm against hacking in concept. This puts a smile on my face. NFTs are just one big scam full of holes. We haven't needed anything like it before and we don't need it now.

[@laks6299]

facts

[@RelentlessOhiox]

Hacking is absolutely necessary to computer technology and security. You've never heard of white hat hackers?

[@DracosKasurani]

Hacker will alway exist, from the viligilante who want to push better security to stealer. No matter how safe, you network is, it just take 1 update to break your network. The more people who will put all their money into crypto the more volatile it will become and believe me it will be a shitfest. Also I need to point out that the dev team will never be able to pay back the people who have invest in it.

[@V3x4ti0n]

@@DracosKasurani Absolutely this. Thank you for putting it into better words than I could've. Once again, I'm against hacking in concept, but that doesn't mean that everyone who hacks is necessarily bad. It's the same with firearms. Sure, you could use them for good or self-defense. But there's always that ability to kill outright instantly.

[@capitcha]

There’s white and grey hats tho

[@Jeefk0]

With all the security behind blockchain tech, it really makes you wonder if the game's vault was hacked or if it was a money laundring \ cashing out scheme by the owners themselves.

[@chronenojysk5107]

“But atleast I own it in the blockchain” Hackers: And I took that personally.

[@LaLloronaVT]

My only regret about this is that the hackers didn’t steal even more

[@NetBattler]

Don't worry,he will do that again. We just need to wait until the time has come.

[@amrishpatel3501]

Just imagine, if EA lost this amount of money & more if they did go ahead with NFTs lol :P

[@nealpapworth5151]

Yeah, they should have stolen everything and bankrupt them, I'm all for seeing these kind of business disappearing :D

[@erwinsetyo1061]

The hackers has "don't bite more than you can chew" policy

[@happytimes8623]

The NFT Heist of ‘22 will be talked about for centuries

[@Skellington77]

Truly the equivalent of the Mona Lisa heist

[@SpideyfanX]

Those who steal from Crypto Bros will be the heroes of the story. The Robin Hoods who take money from crypto peasants.

[@KermitOfWar]

Indeed! What's the current value for the original painting of the Mona Lisa? A couple million?

[@jazzycat8917]

@@KermitOfWar try $870 million

[@JamesTheCelestial]

...Or until people forget about NFTs.

[@bloatedbehemoth1979]

One of the few times I’m proud of the hacking community

[@UnitAlir]

Screw people's savings!

[@hostileenvironment6107]

Really though, too whomever was behind this. You guys are the real fucking MVP. TY For not targeting everyday people.

[@Saltience]

@@UnitAlir if they puttin their savings into an nft game i think theres a bigger problem here

[@HeyItsNate2]

@@UnitAlir they lost those saving the minute they decided to put it into NFTs thats 100% their fault for being stupid with their financial decisions

[@dodgsonwevegotdodgsonhere9970]

@@UnitAlir I bet this moron actually invested in NFT's and lost his savings.

[@dakat5131]

"Hey mind giving us the key to a supply closet so we don't have to wait every time?" "Sure, but be careful because that key also unlocks every lock in the entire building, including the server room so be sure to bring it back when you're done"

[@TearDownGenesis]

"Currency that isn't reliant on the government" "Oh no, its been stolen, lets call the government"

[@elhazthorn918]

It's easy to be disheartened with bad news and controversial gaming stories, but every now and again you get positive, heart-warming stories like this one. Screw NFTs. 🤗

[@Wolf-Nyan]

Ah yes. The greatest weakness of NFTs. The “printscreen” key.

[@tjenadonn6158]

The screenshot function on literally any smartphone.

[@NetBattler]

@@tjenadonn6158 and pc too LMAO 💀

[@TheRealSlimSpoony]

Yeah cause saving a picture of a url makes you the owner 🙄 might aswell get out my phone and take some photos of chips at the casino!

[@RenegadeScooter]

Right click (context menu) > Save Image As...

[@taags]

@@TheRealSlimSpoony you dont own shit with NFTs.

[@KittyKatty999]

Anyone else hearing the "just because you are bad guy, does not mean you are bad guy" meme in their head? Right now? Obviously stealing like that is bad, and they could use the money for who knows what. But I *FUCKING DESPISE NFTS and every MORON who invests in them/promotes them!*

[@Kwatcher100]

I like to think of it as the Sly Cooper mentality. There’s more fun and honor in stealing from criminals.

[@ricardohoang8452]

Thank god hackers come to knock NFT money lol

[@certifiedintellectualjames5053]

And? Hackers are no better. It’s like monkey’s throwing crap at each other lmao

[@og_ghost_1787]

Can you explain me why?

[@NetBattler]

@@og_ghost_1787 hacker = batman

[@khaychi]

Wholesome to hear when stuff gets stolen from greedy people. Reminds me of when celebs come forward whining someone broke into their 240m dollar villa and stole a 200k chain or something. They could literally buy 10 new ones with their next paycheck. It's hard to feel sorry for multimillionaires somehow, idk.

[@onlypvpcaterina-6669]

That's one hell of a statement to send to all devs about what people think of " NFT 'S "

[@StormsparkPegasus]

I love seeing people trying to scam others with NFT's, getting scammed themselves. Scamming the scammers! NFT's are nothing but a scam, so seeing the people push them get scammed is amazing.

[@marcel1463]

So true!

[@caitsith3.0]

It's basically a game of backstabbing

[@StormsparkPegasus]

@@caitsith3.0 Yep, NFT's themselves are just a combination of the old "Brooklyn Bridge scam" with a pyramid scheme.

[@T80010]

As for the losers in this instance, Boo Hoo 😭

[@redbasher636]

Their money has gone from part of the block chain to being on the food chain of a hacker.

[@Kwatcher100]

And to think, the whole appeal of the blockchain was that it was supposed to be nearly invulnerable to hacking.

[@hostileenvironment6107]

@@Kwatcher100 Heh, well people like to say Apple is invincible. While it isn't its just a smaller used OS so lesser people to target same as linux

[@NetBattler]

@@hostileenvironment6107 beside apple company has factory in China 💀 even though it's America product

[@Kwatcher100]

@@hostileenvironment6107 I’ve heard people say that Apple is invincible. I never believed it. There’s no such thing as an “unhackable” computer system.

[@hostileenvironment6107]

@@Kwatcher100 Exactly.

[@macisr]

As how unregulated this is, and how Axiom loosened their security, they might aswell have stolen all that by themselves.

[@mattyl9299]

yeah they didn't really "hack" anything, they just tricked some simpletons into giving them all the access they wanted. Like imagine if I walked into a bank, went up to the lady behind the front counter and just said "hey can you open the vault for me, oh don't worry I own the bank so it's ok" And the lady just looks at you and says "oh judging by your fancy suite and fake moustache you're clearly in charge around here, let me just give you the all the keys to the building, full access to the vault and also these great big duffle bags with dollar signs printed on the sides, and have a nice day!"

[@WH40ktyranids]

I absolutley love that this is happening. I hope every single person who buys into this garbage gets all their shit stolen. Maybe then this crap will stop corrupting games.

[@mana-azir6808]

Remember that a huge percentage of the axie infinity are located around South Asia or South East Asian countries where its more "profitable" to play this game to earn instead of low paying jobs thats available even more so thanks to the aftereffects of the pandemic. As long as that exists this aint going anywhere.

[@ari-dynamicarchive]

> NFT scams > Game Companies: "So? What's your point?" > NFT heists > Game Companies: "W-Well, it-- that d-doesn't mean a thing! NFTs are the futur--" > "$620 million stolen" > Game Companies: *bawling* If this doesn't end NFTs for good I guess gaming companies would rather just give away their money to people right out of the GTA games.

[@RioluJH]

Excuse me but, what game companies? Konami and Ubisoft? I don't know anymore being involved with NFTs yet.

[@badjuju2721]

@@RioluJH how about the company that this happened to

[@RioluJH]

@@badjuju2721 this is not a game company. I'm sure they never made something not NFT related.

[@Ashurman666]

@@RioluJH They're a company and they made a game, thus they are indeed a game company.

[@ricardohoang8452]

@@RioluJH EA tried to step in that NFT markets. Thanks to 20-42 fps failure they gave up that plan lol

[@lethauntic]

When I was looking at the art, which isn't bad, I wondered why there was no variety in the creatures. Like if you took Pokemon and based every single creature on jiggly puff, for example. Then it hit me; this is an NFT game. Surprisingly it doesn't look completely awful, but the fact that they put no effort in making variety is telling in itself. It being a "game" really is just a front to trade money. It only invaded our industry to try and trick as many people as they could into getting scammed, that's it.

[@dakat5131]

Games like these are supposedly supposed to show games can be made with the technology. But they just show that people using this technology aren't trying very hard, because they don't care whether the proof of concept goes anywhere or inspires anything, they don't care about the art, they just need a thin cover for making money and since they don't know or care anything about gaming it just becomes obvious what it is and a weird laughable attempt. One hallmark of these operations is how consistent the icons are, because it's convenient to generate a ton of them from only a small handful of parts. The underlying token is what the people using it care about after all.

[@KenBladehart]

NFT shit looks lazier and low effort than someone lazy made it Crazy

[@Windigowithsalad]

What’s even more disgusting is people in poorer countries were treating this game as a job, as they were promised a reliable revenue. Imagine a person who has spent years, 9 to 5, on this game only for all of your accumulated wealth to disappear leaving you entirely doomed. What a horrifying nightmare.

[@williamdrum9899]

It's no coincidence that 99% of NFT collections are like this. It's much easier for someone to take a handful of art assets and let a computer randomly piece them together than it is to actually create a bunch of individual unique artworks. Even Beeple's work is mostly a mishmash of Buzz Lightyear models and other crap. The art is secondary. Never forget that.

[@lasmierdasdejus1517]

They made it boring because you want to invest more this way, then you forget this a form of esclavism... 😅 And when you have a little different one you feel so special... The point of this game is just flexing😂

[@crimsonsnow4465]

"Constructs created by man, can always be undone by man." I dunno why they thought and announced their tech was "unhackable." That's like a big red target mark challenging hackers to try their hand at this supposed treasure chest.

[@cmdraftbrn]

clearly they went to the school of titanic marketing

[@joesterling4299]

That's how I feel about blockchain in general. It's only unhackable until it gets hacked, and then there is no safety net after you lose your shirt with it. Crypto is so volatile even before the thefts. Just like I wouldn't have opted to live in the Wild West of old, I'm staying away from all this, at least until it gets more civilized.

[@kennyholmes5196]

@@joesterling4299 That's the thing: it's vulnerable not to computer hacking, but instead to human hacking, AKA social engineering. It's never gonna be safer than what it is now unless they transition off of using blockchain technology, and at that point, that defeats the whole purpose of them.

[@ricardohoang8452]

Crimson Snow "Unhackable" means it won't be hacked again after that $620M 😂

[@WolvieXXXZandalari]

Anyone participating in NFT's deserves to lose their money. Hope the hackers spend it better than the previous owners did.

[@CrowMercury]

The way this game worked, I feel I'm on the side of the hackers. They gave back a lot of sanity to humanity.

[@grmp1992]

Oh shit, this game was BIG in my country, it made into several TV headlines because of the money each player gets from just playing this game, so many of my friends got into it and some of them got $400 within a month, in fact, there were so many players in my country that the government considered putting a tax in this game due to.its popularity, my Mom even considered playing this game for quick bucks Lol I keep warning my friends that these is not a safe investment since they have to pay huge amounts of money to buy one monster in the game to level up, they never listened, I guess its only a matter of time till it backfired

[@GamerJosher]

Let me guess it was the Philippines? Because if it is then goddamn it

[@grmp1992]

Yeahhh it wass

[@thedog2123]

Philippines be like

[@pjavilla]

@@GamerJosher They tried it here too, same region. I hate how these shitty scams think our region is fine with getting ripped off.

[@iamjustkiwi]

@@pjavilla I think that may be giving those people too much credit. They just legitimately don't care if people are hurt in their pursuit of further profits, the humanity of the targets never comes into account.

[@mercenarygundam1487]

I know the heisters who stole it. They wore clown masks, with one of them saying they need a medic bag and the other saying donacdum with another shouting get the fuck up.

[@luc5483]

One of them said: Get out of the dance floor, Wolf

[@KittyKatty999]

Did they also have a huge drill that breaks down all the time?

[@mercenarygundam1487]

@@KittyKatty999 Yes

[@Mr_War_]

I saw in an article that one of them was apparently screaming, "DONACDUM" or something like that? I'm not too sure.

[@NetBattler]

Bruh I remember that heist movie. The storyline was great for sure.

[@Goro_Maj1ma]

*This does put a smile on my face.*

[@lionheart4109]

What, Majima-san smilling with anything other than seeing Kiryu-chan? What a time to be alive.

[@Smaxx]

20 years ago I watched The Simpsons. Homer sitting in an internet cafe, some thief rushing in, putting a floppy in the computer and stealing Homer's money by saving/downloading it, showing a progress/money bar getting lower. Back then it felt ridiculous and unrealistic to me. Not anymore…

[@chaotik900]

The moment a bunch of greedy scammers get hacked, it's pure music to my ears and it's down right funny.

[@cormoran2303]

So much for all that security that NFTs were supposed to add to the mix.

[@kennyholmes5196]

Blockchain isn't more secure, it's just secure in a different way. It overspecialized in code-hacking, while completely and utterly neglecting human-hacking.

[@blackliquidsorrow8249]

@@kennyholmes5196 what exactly is the difference?

[@lasarousi]

@@blackliquidsorrow8249 normal hacking is you fool the computer to expend cash/goods through code Human hacking or social engineering means you fool a human to give out their cash/goods by simple power of convincement.

[@amrishpatel3501]

Yeah I know. It was all a big lie & anyone who foolishly defends NFTs is a bloody idiot.

[@kennyholmes5196]

@@blackliquidsorrow8249 What Iasarousi said. And thanks to how the blockchain works, once something's been logged on the blockchain, there's no feasible way to remove it, meaning that *it's stuck there.* Making another link in the blockchain is basically writing on a ledger in permanent marker.

[@Egalia_1]

Some part of me is really bummed that the biggest heist ever might go to something lame like this and not robbers stealing giant diamonds through an elaborate and contrived plan

[@Pyxis10]

This just switches the Genre from Action/Suspense to Comedy.

[@IAmDaDumb1]

At least this heist serves a higher purpose of destroying nfts

[@hibachimk240]

Time to rewatch Internet Historian's Swedish Job.

[@9000Dogs]

New Payday 2 DLC lookin kinda silly 💀

[@leovang3425]

@@9000Dogs guys, the GPU, go get it.

[@EJ_Red]

I both feel sorry and have mockery for those that put money into this. On one hand, they lost money. On the other hand, they willingly followed a scam and paid the price. Luckily, I care more for the latter of my feelings so I can sleep peacefully tonight.

[@CrimesForDimes]

Yeah, have a good rest.

[@KellyKMc]

@EJ Red - You know what they say about “a fool and his money”. When I was in the Navy on shore leave, I witnessed a fellow sailor fresh off the ship drop his entire paycheck on a game of Three Card Monte. He seemed so surprised when he lost everything. I imagine he had to go back to the ship since he couldn’t afford shore leave.

[@EJ_Red]

@@KellyKMc That is indeed careless, please tell me someone at least tried to stop him

[@theotherohlourdespadua1131]

In my country, this is a legitimate livelihood for many. A dollar here is 52x its worth in local money. In here, a dollar can feed a person for a day or can buy you a kilogram of rice that can last 3 days...

[@gianpaguiligan1358]

@@theotherohlourdespadua1131 Filipino, i assume?

[@ltcolcapybara]

I think you may have forgotten to edit your outro lol caught me off guard, I thought my video was skipping.

[@EyeXombie]

LMao.. The fact that they thought tieing real money into video games just shows you the lack of knowledge about video games. Games always have hackers and exploits. People will be stealing money left and right. Such a dumb idea.

[@kashashk]

Welp, looks like a bunch of my coworkers are gonna be on self-slice watch. I kept rejecting their invites to this "new game" because I knew some nonsense like this was going to happen sooner or later.

[@Kwatcher100]

Smart move on your part.

[@gapinzonr]

Pls update on their reactions

[@bitelaserkhalif]

-WAGMI- *WA'N'GMI*

[@kentstopme]

@@gapinzonr Fr

[@NetBattler]

@@gapinzonr he forgor 💀 to update 💀

[@MR-jv2ht]

Guess even them hackers don't think highly of NFT at all.

[@mysteriousastrolabe]

A vulnerability is a vulnerability🤷🏾‍♀️

[@alessiobenvenuto5159]

Oh i think they love'em

[@lethauntic]

My favorite part is the cryptobro crowd saying, "eh, it's not that bad, it could be worse" and "it happens to everyone, it's safe to put more money into it". The delusion is funny, but also the fact that if you were to take the "review" checklist for games (i.e. graphics, music, story, gameplay, etc) and replaced it all with a single checkbox that says "crypto?" that would be them exactly.

[@TonsOfFunk]

I will never feel bad about scammers getting hacked or stolen from.

[@bruhmedia385]

This must be the payday gang, no criminal would ever pull off a big heist like this.

[@BillaBored21]

Karma really does bite back. Greed has no happy endings. Crypto is not about monetizing for the sake of making money. Its about providing an inflation hedge for people away from fiat.

[@leesanction2068]

Wow, a levelheaded take!! Yeah id say if anyone was paying attention to all the money being printed and the state of international affrais, it would be wise to look at finding ways to store your money away from the dollar. Yeah, i think NFT's are bullshit and i dont like seeing this kind of crap in gamming where they are already trying to nickle and dime us at every corner.

[@zombiezone2010]

@@leesanction2068 I'm probably in the minority thinking NFTs will have a decent future ahead. Most of them are probably right about the current state of the industry: full of trends and buzzwords. It needs to take time for developers to experiment and find a good fit for its usage.

[@arturoaguilar6002]

"Its about providing an inflation hedge for people away from fiat." That's just a fancy way of saying "making money".

[@Skyler.142]

And nothing of value was lost

[@TankInTheCut]

Hey Yong, I know you probably don’t get alot of this, but I just wanna let you know I really appreciate the grind and work you put in, everyday after work or training I look foward to watch your videos no matter the subject!! Also the videos are structurally put together really good!!

[@blueindigo1000]

It is amazing to me how game companies have changed from making games to that of simply exploiting money from people. Really, really sad.

[@williamdrum9899]

Back in the day the only way to make money was to make a good game.

[@ninochaosdrache3189]

I must say, those Payday 3 ads are pretty authentic.

[@thepolarphantasm2319]

Anytime a cryptobro takes an L we all win, y'all. Blockchain is the future, but only of fraud 😂

[@NetBattler]

Remember when NFT is not a thing? Good times...

[@tjenadonn6158]

Blockchain is the future unless we stop it now.

[@SirClerihew]

Destroy it all

[@Second_Splitter]

@@tjenadonn6158 and what are you going to do about it?

[@Brasc]

@@Second_Splitter Welp, looks like some hackers did something.

[@thelurker5950]

You may have heard of the northern bank heist, the Antwerp diamond heist, maybe even the dunbar armored robbery considering it’s one of the most famous heists. This though… this will be known for years as the heist that nearly killed one of the worst inventions.

[@soulechelon2643]

13:04 A man that knows how important it is to get his ending catchphrase perfect.

[@matthewsimco1463]

I personally don’t feel sorry for people who trust NFT. It’s just people trying to get rich quick which rarely works

[@Chimi_Changas]

Just watched an NFT ad on a YongYea video. KZbin Algorithm does not have IRONY implemented yet.

[@xxnike0629xx]

What confuses me is how these major tech companies with all of the money and abilities they have, they don't seem to take their security more seriously. Anyway, NFTs are just trash and given how unregulated it is, it's no surprise how there's so much theft and shady things that happen. NFTs just need to not exist.

[@lionheart4109]

Money invested in security, means less money in the pocket.

[@cmdraftbrn]

@@lionheart4109 we have a winner

[@Pyxis10]

@@lionheart4109 A symptom of Capatlist greed.

[@maf7742]

Another NFT game involving a scam? Shocker!!1

[@undraxis]

Cant wait for more mishaps for NFT's. Anything to get rid of rampant monetization of video games.

[@brucewillis2]

anyone that gets into scams like this and get burnt should know better.

[@thundageon5962]

When a company makes a corrupt business model, Karma will save the day

[@corenv6022]

Pretty funny looking back at the fear we had before, now we just forgot about it lol.

[@Red-zn5oz]

I love the people who try and protect this criminal industry, they never give an answer, just "WATS WRUNG WIT ET?"

[@nahuelkid]

Well it's fine doing smth that hurts no one. Ofc this isn't the case, but still

[@pagatryx5451]

Axie Infinity was hardly a game. It was just a method of making money. Nobody played it for fun, it was the money involved. I'm pretty sure games are meant to be entertaining.

[@bitelaserkhalif]

The feels of axie/P2E community is also different. Everything is going serious because in the end, it's all about money.

[@tricouleur9689]

True, I was a scholar for two weeks and I have say, the game is not fun at all.

[@theotherohlourdespadua1131]

A lot of players from other places (like Asia) never treated this as a game but a job that pays them...

[@Cometstarlight]

“Ah, yes-just a casual 30 million stolen.” Just the way you said that so flippantly hit my funny bone LOL

[@SomeAustrianGuy_]

I see this as an absolute fucking win. As they say, not all heros wear capes

[@RC-vc2io]

Who knew that adding speculative investment vehicles to Pokemon was a shit idea?

[@Kwatcher100]

I guess the “hack-proof” blockchain isn’t so unhackable. What a bunch of hacks.

[@0verdead]

do u even know what a blockchain is or how many different types there are? not all of them are the same lol

[@danleary123]

Ah man if only everyone listened to you... I'm sure you'll have bitcoin cracked and hacked soon and rolling in money

[@vasilis1380]

That’s what’s keeping me from nfts and crypto. Plus one solar flare or emp and you’re effed.

[@tjenadonn6158]

Paper doesn't crash.

[@nahuelkid]

And solar flares aren't even that rare lmao. They sun just decides you eat shit that day and there is nothing you can do about it.

[@davidbeauchemin1840]

I mean I'm against NFTs by principle but you realise if a solar flare or emp is bad enough to down stuff like that it'll destroy your bank account as well right?

[@tjenadonn6158]

@@davidbeauchemin1840 That stuff is at least backed up by government protection agencies like the FDIC and others. Insurance policies make use of the legal term of art "Act of God" to cover such circumstances as solar storms and the like. With crypto it's just a case of "That sucks, but you're fucked."

[@Divineboots]

@@davidbeauchemin1840 true but at least with real currency there is still something to salvage with physical paper, with crypto there is nothing, its all gone, fed to the void. Not like it would matter much. if an emp/solar flair really did wipe out even just the U.S. alone it would cause a total breakdown of society in the U.S. and a MASSIVE disruption to the global market that it might just crash all other currencies as well.

[@dimitriusshinamorri4406]

This is the fastest I've ever heard Yong talk. That's how I know this is gonna be spicy news.

[@VincentDLS10]

What is actually quite sad is that for some countries, like the Philippines, some people use Axie as their primary source of income 🤷‍♂. Kinda weird to say playing a game for hours as your "work" but it is.

[@yukarinclips]

This game is very, very popular in the Philippines, no joke; my relatives even wanted to force me to play this game but seeing NFTs being controversial, I kinda avoided it.

[@leovang3425]

Seems you made the right call.

[@danleary123]

Yep people are making a living from it there

[@mas8705]

I'm just reminded of how so many people just love to go out of their way to say how "It keeps records of everything! You know exactly who bought what-" and all this other fancy jargen that gets tossed out that you would think it should be a touch easy to be able to track such thefts. But I guess it is much easier to find the person who right clicks or presses "Print Screen." And as what was pointed out, you would think if you have "Hundreds of Millions" up for grabs, you would probably want to keep that under lock and key. Yeah, hackers can find ways around that, but they apparently had a much easier time grabbing what they wanted here. Overall, this continues to be something that cause as many people to steer away. Could be the future, but right now, it continues to look like a scammer's paradise.

[@WhayYay]

I legit think you're more likely to be ripped off by an NFT than you are buying drugs.

[@badjuju2721]

Oh 100%

[@CeHee123]

At least with drugs you know what your getting into from the getgo.

[@brianjensen5661]

Actually drug dealers rarely rip ppl off. They want repeat customers after all.

[@ZanathKariashi]

@@brianjensen5661 And they're dealing with clientle that will probably shoot/stab them if they find out they're cutting with sugar/flour/chalk.

[@NetBattler]

At least you can sniffing the drugs meanwhile NFT aren't.

[@gigigahdora3075]

Big dub. The hacker missed the opportunity to shut down or delete the game when stealing the money

[@aethertoast4320]

It is still amazing that gaming companies are trying to centralize the technology created to be decentralized while thinking that they are advancing the technology. It is something so stupid that only a CEO could think of it.

[@Purplorr]

Everyone seems happy, but what if the company itself is behind the “hack”?

[@TheOriginal_Unaleska]

You are not alone in this thought. I completely agree. Whose to say that they themselves stole the 620 million from their customers as an excuse to not pay them out. If NFTs and block chains are rife with money laundering, then this should be a huge red flag for that. Especially since its happened 4 times already.

[@KaiserMattTygore927]

I mean if anything it just further proves that NFTs are the biggest scam/grift in history.

[@zzz43344]

Ikr

[@sulblazer]

The only thing I'm understanding here is that these companies are taking security shortcuts to address the volume of transactions. I think all this does it create a market for someone to create a method to securely address large volumes of blockchain transactions. The person(s) who comes up with that method is gonna be ballin'.

[@irishijo1]

Its almost like if you de-centralize something, you loose out on the security that sort of centralization brings 🤔

[@luc5483]

Who would have guessed

[@Kwatcher100]

And to think, the de-centralization was touted as a positive. It was supposed to make hacking the system more difficult.

[@franciscodetonne4797]

@@Kwatcher100 The irony. The problem with decentralization is that eventually some kind of authority will emerge to regulate things. Someone has to manage the "ledgers", someone has to run the servers, someone has to deal with inevitable disputes, etc.

[@Benri05]

But the Ronin network that was hacked in this topic is centralized.

[@Romanticoutlaw]

well, they say "code is law". Surely this was exactly how they intended the code to be used

[@bartekowca666]

Nice editing at the end Yong XD

[@tatecombs1039]

We not acknowledging Yong’s outtakes in the outro? I’m not making fun, I’m making sure I wasn’t teleported to another universe while watching this video

[@endorenna7106]

Yeah, I've seen that on a couple of his videos lately (I think, could just be the one), hope he or his editor meant to leave those in. Either way, it's fine of course, but it's strange that it happened more than once if it wasn't intentional, haha.

[@mistahjenkins4826]

Ah, yes. The biggest 'Save Image As' in history. Moral of the story here: STOP MAKING NFTS.

[@certifiedintellectualjames5053]

Ew a furry 🤢

[@NetBattler]

@@certifiedintellectualjames5053 agreed,furry are mistake children.

[@doms.6701]

Somehow they stole millions and nothing at the same time

[@Pyxis10]

Quite a bit of the financail sector in a nutshell.

[@Benri05]

$600m worth of ETH doesn't sound like nothing to me, the hackers stole ETH not the game's NFT.

[@cathallynch1]

Please allow this to continue to bite these scumbag corporations on their butts.

[@TrunkFilms]

Yong had a seizure at the end

[@ItsKagiVids]

NFT Bros can't stop taking L's lol.

[@papidmill3307]

Let's be real the devs or game owner was probably in on the heist, seeing how they are robbing their players no no no they couldn't let someone else rob their customers only them.

[@TURBONERD]

"Our platform got hacked and we lost a lot of your money" "We're disallowing you to sell your NFTs so you can't get out while the price is still high"

[@Akimbo411]

Video game companies decided to pursue something nakedly evil, and harmful. They even advertised it. We’re lucky that it was stupid this time. We should be very afraid that these companies felt comfortable pursuing NFT’s. They only got this way because we’re letting them run unregulated casinos aimed at children in their games.

[@unlimited654]

Scammers getting their money stolen. So sad.