Fake Banksy NFT sells for £244,000. Let’s talk about NFT vulnerabilities.

Pretend Banksy NFT sells for £244,000. Let’s discuss NFT vulnerabilities.

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Edge › Ethereum › NFTs

From punks to drugs and all the pieces in between, NFTs have exploded on the planet of crypto so is it time that we spoke about mental property?

Lisa Gibbons · September 6, 2021 at 11:00 pm UTC · 3 min learn

Fake Banksy NFT sells for £244,000. Let’s talk about NFT vulnerabilities.

In an elaborate hoax this week, NFT collector Panksy ended up shopping for a pretend Banksy NFT for £244,000, which might be thought-about a discount on the planet of NFTs nowadays.

Though practically all the cash was returned to the client, this incident alone highlights a number of the methods NFTs are uncovered to safety threats.

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