Almost 5% of Monero coins hackers mined with malware

Almost 5% of Monero coins hackers mined with malware

Monero, one of the most popular cryptocurrencies among criminals is mined using malicious mining programs.



A study by Universidad Carlos III de Madrid and King’s College London says that hackers were able to mine 4.32% of Monero out of the total amount of cryptocurrency in circulation using malware.



Researchers Sergio Pastrana and Guillermo Suarez-Tangil stated:



Overall, we estimate there are at least 2,218 active campaigns that have accumulated about 720K XMR (57M USD). Interestingly, just a single campaign (C#623) has mined more than 163K XMR (18M USD), which accounts for about 23% of the total estimated. This campaign is still active at the time of writing ...



However, it remains unknown what proportion of hackers who ...
Read more about "Almost 5% of Monero coins hackers mined with malware" on coinatory.com

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