Are NFTs safe? 3 things you should know before you buy - Help Net Security

Are NFTs safe? 3 things you should know before you buy - Help Net Security

NFTs, or non-fungible tokens, have captured the attention (and wallets) of consumers and businesses around the world. This is largely in part to the big price-tag sales, such as the digital artwork by Beeple that sold for over $69M on Christie’s Auction House.



While discovering new and inventive ways to exchange currency is par for the course in the digital age we live in, being aware of the security risks associated and taking actions necessary to mitigate those risks will be imperative both in the short and long term.


What are NFTs?


NFTs are pieces of digital content that are stored on a blockchain, which is the same foundation for other cryptocurrencies, such as Bitcoin or Ethereum. The difference between NFTs and other cryptocurrencies like bitcoin is that NF ..

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