$1 million rock NFT sells for a penny in all ore nothing error

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This is a hard rock life for a single cryptocurrency user. Clumsy keystrokes and sniper bot actions caused a million errors on March 10th.

A stone worth 444 Ether (ETH), or $1.2 million, was sold for 444 WEI ($0.0012) for a fine when the seller, DinoDealer, mixed WEI with ETH. On Twitter, the seller tweeted, “With one click, my entire net worth disappears for about $1 million.”

The term “Boten snipet” refers to the sniper robots that were originally used on eBay. Buyers who want to calculate watch time to the last second will use tools, but now they are NFT list makers. Popular website Upwork now offers bot cutting tools for the OpenSea NFT platform for less than $200.

When the bot intercepts the NFT or digital receipt, there will be no refund. Blockchains are designed to be immutable, so simple mistakes like confusing ETH with WEI can be very costly.

In fact, there are many human errors in the crypto world. An unfortunate bitcoin (BTC) user recently lost $10,000 (0.25 BTC) due to an error that could have been avoided if he had verified the recipient’s wallet address.

The DinoDealer seller seems to have overcome the loss by posting the address of the stone botsnipe. They highlighted the situation by uploading a new Twitter profile photo and adding a crying emoji after the Twitter handle. Their avatar stands next to a red-cut gem.

DinoDealer’s new Twitter photo shows sad rocks in the background. Source: Twitter
Many of the jokes originated from DinoDealer’s futile attempt to access “crypto customer service”. Their attempts to talk to members of the crypto community were met with responses from suspicious users pretending to help with email addresses and WhatsApp numbers.

Screenshots of DinoDealer conversations with Crypto customer service. Source: Twitter
Do not call these numbers or email addresses.

The past month has been hectic with seemingly simple mistakes with dire consequences. In some cases, a simple mistake can wipe out millions of dollars from a market value that is becoming more and more common.

RELATED: Rare Bears Phishing Attack Hits $800,000 in NFTs

White hat hacker Coinbase discovered a bug in the Coinbase Pro code that could have hurt the market while a frenzied boat trade exhausted the launch of the 58 ETH WTF token. We have launched a definition of “Pool Liquidity Management Weakness”.

In the best days of DinoDealer, other crypto-rock fans came to the rescue, the user sends a photo of a rock in glasses and headphones to the geospatial seller, signed “mfer rocks”.

Source: CoinTelegraph

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