Altcoins News
By Steven Anderson
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Monero (XMR) has been covering for a price range from $60 to $62. The token recently traced a falling wedge with a lower-high pattern.
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The price of XMR is reflective of the overall sluggish trend prevalent in the cryptocurrency market. The coin is touching upon a 50-day SMA value of $58.18.
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The current news doing the rounds is about the Monero project to have been hacked to deliver for a currency stealing malware.
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The details of the attack came into light when one of the users stated that the "cryptographic hash for a command-line interface wallet downloaded from the site didn't match the…
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It was later found out that the mismatch was not due to an error; instead, it was an attack that was strategically planned to GetMonero users to get infected with malware.
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The site officials later stated, “It's strongly recommended to anyone who downloaded the CLI wallet from this website between Monday 18th, 2:30 AM UTC and 4:30 PM UTC, to check…
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When the malicious Linux Binary was analyzed, a few new functions were found apart from the legitimate one. A user opened the function to create a new wallet.
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This incident serves to remind users that they need to check the summaries before installing the software.
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So, Monero as a private digital currency stays checked on its secure, private, untraceable and fungible promise.
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