Welcome to the Tech Meam Ride Home for Monday, February 21st, 2022.

I'm Brian McCullough today.

OpenC says 32 users had NFT stolen when they were scammed into signing malicious smart contracts.

Mark Germin tells us every Mac he expects to be released this year is a new crackdown coming

for Chinese tech and Ford is revving up its attempts to

unseat Tesla at the top of the E. V. Mountain. Here's what you miss today in the world

of tech. Reminder that crypto is code and that smart contracts are thus code also code with

often irreversible mechanisms inside them. The latest example is, OpenC says 32 users had

NFTs stolen from them as part of a targeted fishing campaign that scam

them into signing malicious smart contracts.

In other words, this isn't just stealing your password and then stealing your stuff.

This is tricking you into actually signing away your stuff because the contract allowed it to happen.

And thus, in the world of this enforceable contract,

it wasn't illegal, quoting Koyndesk.

In the wake of a series of viral tweets from panicked NFT traders, leading marketplace

OpenC says it's investigating, quote, rumors of an exploit regarding smart contracts connected to its platform a vulnerability

that may have cost traders valuable tokens we are actively investigating

rumors of an exploit associated with open sea related to smart contracts

open sea posted to Twitter Saturday night

US hours. This appears to be a fishing attack originating outside of open seas website.

Do not click links outside of openc.

I.O. end quote.

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