Monero

<ul> 
 <li> Monero’s Community Crowdfunding System (CCS) wallet was exploited and drained on September 1.</li> 
 <li>Till September 1, the wallet held a total balance of 2,675.73 XMR, worth $460,000.</li> 
 <li>Moonstone Research identified that the exploitation was done by a Monerujo wallet user with the PocketChange feature.</li> 
</ul> 
In a sudden turn of events, the decentralized community-driven project Monero <a href="https://web3isgoinggreat.com/?id=monero-community-wallet-hack" target="_blank" rel="nofollow">revealed</a> its Community Crowdfunding System’s (CCS) wallet exploitation that occurred on September 1, 2023. As per reports, the attacker drained the wallet in nine transactions, accumulating its entire balance accounting for 2,675.73 XMR, worth $460,000. 
Chinese crypto reporter Colin Wu took to his official X page, Wu Blockchain, to share insights on Monero’s CCS hack, the source of which remains a mystery. The reporter also reflected on the blockchain security firm SlowMist’s assumption that the vulnerability is a “loophole in the Monero privacy model.” 
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 The Monero team announced that the community crowdfunding system CCS Wallet was attacked on September 1, 2023, and the entire balance of 2,675.73 XMR (approximately $384,000) was stolen. So far, the source of the vulnerability …
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The post <a href="https://coinedition.com/monerujo-wallet-user-drains-moneros-ccs-wallet-report/">Monerujo Wallet User Drains Monero’s CCS Wallet: Report</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Monerujo Wallet User Drains Monero’s CCS Wallet: Report

Coin Edition

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