Samantha Cole, Motherboard:

Hackers took over multiple accounts on the digital art marketplace Nifty Gateway this weekend, stealing hundreds of thousands of dollars worth of NFTs, or non-fungible tokens. The company says that users not enabling two-factor authentication is to blame.

And:

On Sunday, several Nifty users on Twitter posted that they’d been targets of fraud on the platform. One claimed that someone accessed his account, first sold all of their NFTs and then bought more than $10,000 worth of NFTs, and then transferred them to another account. Another said their account was hacked to buy $20,000 worth of NFTs and steal another $150,000 worth from their collection. These users said the charges went to their credit cards; Nifty Gateway has long advertised the ability to simply purchase NFTs with a credit card rather than using cryptocurrency.

My first instinct is to tarnish NFTs as unsafe, add to the reason why I resist this space, think of it as an artificial bubble.

But if I did not enable two-factor for my bank account, say, and hackers got in, same thing, it’d be my own dumb fault.

Still, a bit of Wild West out there.