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Monero Coin Team Issues Security Warning After Its Binary System Has Been Hacked

Posted on October 29, 2022 by admin

Monero Coin Team Issues Security Warning After Its Binary System Has Been Hacked

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Answer Monero Coin Team Issues Security Warning After Its Binary System Has Been Hacked

Blockchain-based privacy projects offer many options for users who wish to remain anonymous.

However, these projects show some technical flaws from time to time, and they are not impenetrable as some have marketed.

Yesterday, we touched on a similar article that is in the same context as the current topic, which is titled:

About the Grin Digital Currency: Is it a Privacy Currency as It Claims?

Recently the Monero team issued a security alert after the binaries in the project were compromised.

The member “binaryFate” of XMR publish A security warning stating that CLI binaries may have been compromised at some point in the past 24 hours.

Read:Since the launch of the smart contracts feature…the price of the digital currency Cardano has fallen to minimum levels

According to the post, some Monero users have noticed that the hash of downloaded binaries does not match the expected results.

The problem was first shown 15 hours ago and at the time of writing this topic, the problem is still open and has not yet been resolved, which is what the member “binaryFate” mentioned, where he stated in the post:

It looks like the box has already been hacked and different CLI binaries have been served for 35 minutes.

Downloads are now offered from a secure backup source.

Always check the integrity of the binaries you download!

The post also warned people who downloaded binaries in the past 24 hours to check the integrity of the files, and asked them to do so immediately.

A member of the Monero team also asked users not to run anything in case of a hash mismatch.

Whereas, in cases where binaries have already been run, a member of the Monero development team has asked users to transfer funds from all open wallets with potentially malicious executables using a secure copy of the Monero wallet.

Read:FTX CEO Predicts How GBTC Opening Could Affect Bitcoin?

This member also pointed out the need for verification before operation.

One of the Monero development team supervisors indicated that more information will be released in due course, with several people currently investigating to get to the bottom of the issue.

In addition, Link For the correct segmentation is also done by a member of the Moneo team.

Read also:

Anonymous Group announces a donation of $75 million to startup projects that protect privacy

Russia’s FSB linked to the disappearance of $450 million in Bitcoin


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