cryptocurrency

Scary Monero Flaw Patched to Kill Crypto Exchange Theft Threat – Yahoo Finance


Monero developers have revealed nine security flaws, and one of them can be exploited to steal XMR from cryptocurrency exchanges.

Two critical Monero bugs discovered

“By mining a specially crafted block, that still passes daemon verification an attacker can create a miner transaction that appears to the wallet to include sum of XMR picked by the attacker. It is our belief that this can be exploited to steal money from exchanges,” a developer with the pseudoname “cutcoin” stated in the HackerOne report.

The developers have also discovered five DoS attack vectors, and they labeled one of them as a critical issue.

Another security flaw was discovered concerning CryptoNote, an application layer used in the Monero ecosystem to increase the privacy of the transactions.

If hackers have managed to exploit this bug, they would be able to take Monero nodes down using a method that includes the malicious request of large amounts of blockchain data from the cryptocurrency’s network.

Read the full story on CCN.com.



READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.