Thursday, August 2, 2018

Monero wallet vulnerability made it possible to steal XMR from exchanges


It appears popular cryptocurrency Monero, often praised for its privacy functions, was riddled with security vulnerabilities – one of which allowed hackers to steal coins directly from the wallets of exchange desks. Utilizing old-fashioned social engineering, inventive hackers could forge transaction data and use it to trick support staff into crediting their account manually with extra XMR. By simply copying a line of code from Monero’s wallet – which is open-sourced and accessible to everyone – the attackers could manipulate the amounts shown by the wallet when facilitating transactions between addresses. Each additional line multiplied the amount of XMR shown – which made…

This story continues at The Next Web
https://ift.tt/2n3Mrl1 support@endlesssupplies.ca (Endless Supplies .Ca) August 02, 2018 at 07:31AM

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