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Monero wallet vulnerability made it possible to steal XMR from exchanges

Thursday, August 2, 2018 by Piyush Suthar | Comments

Home News Tech 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

Authored by Piyush Suthar
Pro Blogger


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