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    Thursday, 2 August 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…

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